1. Emily leaves Freed & Gonzalez after a few months for the firm of Kranston & Knight. Kranston offers Emily a signing bonus, a salary that is $500 a month higher than her pay at Freed & Gonzalez, great benefits, and a bonus plan based on the following formula: 1 percent of the firm's net revenue annually, plus 5 percent of her monthly salary as of the end of the year, plus 5 percent of the net recovery in every litigated matter that Emily has worked on. Is Emily's compensation package acceptable? What about the bonus plan? Is there any other element that must be considered while looking at the plan?