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Articling Bonuses 2021

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Posted (edited)

Word on the street is that Osler and Torys have both given their articling students $5,000 bonuses. Anyone hearing anything about other firms following suit?

Edited by articlingstudnt

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I think Davies announced as well. I expect the other Sisters and other full service to follow. 

4 minutes ago, pzabbythesecond said:

Golden parachutes for those they don't hire back?

I'd be very surprised if hire back rates aren't close to 100% across the board this year given the shortage of us worker bees in Bay Street right now.

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40 minutes ago, pzabbythesecond said:

Golden parachutes for those they don't hire back?

Seems an expensive parting gift given they are paying it to those they hire back as well.

The firms are busy right now. Hire back should be expected to be at or higher than historical norms.

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11 minutes ago, Rashabon said:

Seems an expensive parting gift given they are paying it to those they hire back as well.

The firms are busy right now. Hire back should be expected to be at or higher than historical norms.

I was joking

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Also the registration period for the next sitting of the New York bar opened last week.  

I'm (half) joking.

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17 minutes ago, CorporateAlligator said:

McCarthys too apparently 

I heard it is $10,000 at Mccarthys. $5,000 at Torys and Osler 

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I’ve  been told students at McCarthys have been told they will be getting bonuses but amount TBD.... 

Any other updates on this? Will be annoyed if the firms don’t all follow suit, it’s a drop in the bucket for these firms. 

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5 minutes ago, BayStBae said:

I’ve  been told students at McCarthys have been told they will be getting bonuses but amount TBD.... 

Any other updates on this? Will be annoyed if the firms don’t all follow suit, it’s a drop in the bucket for these firms. 

I expect all of the somehow-related seven firms plus probably BJ will pay at least $5k (if Davies goes higher they’ll be on their own) and then it will be hit or miss beyond that. I don’t expect it to be widespread but I could be wrong of course. 

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Posted (edited)

This just means we get some of the pay back that we thought we were gonna get before articling got shortened to 35 weeks, right?

Edited by kindersuprise

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1 minute ago, kindersuprise said:

This just means we get some of the pay back that we thought we were gonna get before articling got shortened to 35 weeks, right?

True but we don’t have to work those weeks. I’ll take the trade. 

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1 hour ago, easttowest said:

True but we don’t have to work those weeks. I’ll take the trade. 

You worked those hours already though 😂😉

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To confirm the firm’s offering a 5k bonus so far: Gowlings, Oslers, Torys, BJs, Davies

and McCarthy’s has confirmed a bonus but not the amount

Has anyone heard anything else?

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Someone said in the 2020/21 Raises thread that NRF matched the associate bonuses. I would imagine that means they matched articling as well.

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1 hour ago, ristiisa said:

To confirm the firm’s offering a 5k bonus so far: Gowlings, Oslers, Torys, BJs, Davies

and McCarthy’s has confirmed a bonus but not the amount

Has anyone heard anything else?

Stikes got a $5K bonus. goodmans is getting a bonus but amount is not confirmed

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2 hours ago, ristiisa said:

To confirm the firm’s offering a 5k bonus so far: Gowlings, Oslers, Torys, BJs, Davies

and McCarthy’s has confirmed a bonus but not the amount

Has anyone heard anything else?

What I've heard is there's no confirmed bonus at McCarthy, and that it was just a rumor that was swirling from a conversation someone had with a lawyer (nothing actually confirmed to the group). 

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