Why doesn't everyone do this?!?

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agentzer0
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Why doesn't everyone do this?!?

Postby agentzer0 » Sat Jan 30, 2010 1:47 am

cus its warm thurr

edit: original question: is Miami a secondary market
Last edited by agentzer0 on Sat Jan 30, 2010 3:38 am, edited 1 time in total.

valley splitter
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Re: Is Miami a 'primary' or 'secondary' market?

Postby valley splitter » Sat Jan 30, 2010 1:50 am

--ImageRemoved--

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agentzer0
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Re: Is Miami a 'primary' or 'secondary' market?

Postby agentzer0 » Sat Jan 30, 2010 1:51 am

valley splitter wrote:--ImageRemoved--



wahts up valley?!?

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agentzer0
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Re: Is Miami a 'primary' or 'secondary' market?

Postby agentzer0 » Sat Jan 30, 2010 2:03 am

cons: hurricanes
pros: honeyz?

valley splitter
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Re: Is Miami a 'primary' or 'secondary' market?

Postby valley splitter » Sat Jan 30, 2010 2:18 am

girls are very much a pro. I mean it's not even fair how hot they are. I lived in Miami when I was younger and all I remember are beautiful women. and the beach but that's about it. in all seriousness though, Miami is definitely a secondary market. very few BigLaw firms have offices there but I know that Hogan & Hartson, Greenberg Traurig, McDermott, Will & Emery, and Baker & McKenzie do.

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chadwick218
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Re: Is Miami a 'primary' or 'secondary' market?

Postby chadwick218 » Sat Jan 30, 2010 3:08 am

For law, miami is primarily seen as a secondary market.

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agentzer0
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Re: Is Miami a 'primary' or 'secondary' market?

Postby agentzer0 » Sat Jan 30, 2010 3:30 am

chadwick218 wrote:For law, miami is primarily seen as a secondary market.


So this means I can go to CCN, get shitty grades and still work at a biglaw firm's miami office, make market or close to it, but live in miami... right?? RIGHT???

WHY HASNT ANYONE ELSE THOUGHT OF THIS

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najumobi
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Re: Why doesn't everyone do this?!?

Postby najumobi » Sat Jan 30, 2010 4:14 am

just my opinion

Primary Markets: NYC, DC, LA, SF, CHI
Secondary Markets: atlanta, dallas-fort worth, houston, boston, seattle
3rd tier markets: denver, charlotte, austin, minneapolis, philadelphia, phoenix, miami, raleigh (RTP), san diego, portland
4th tier markets: cleveland, hartford, las vegas, baltimore, columbus, wilmington, cincinnati, tampa, indianapolis, kansas city, salt lake city, st. louis, sacramento, birmingham, pittsburgh
5th tier markets: new orleans, detroit, grand rapids, nashville, greenville, ft. lauderdale, newark, orlando, west palm beach, madison, milwaukee, san antonio, jackson, louisville, lexington, and probably numerous others.

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agentzer0
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Re: Why doesn't everyone do this?!?

Postby agentzer0 » Sat Jan 30, 2010 4:21 am

najumobi wrote:just my opinion

Primary Markets: NYC, DC, LA, SF, CHI
Secondary Markets: atlanta, dallas-fort worth, houston, boston, seattle
3rd tier markets: denver, charlotte, austin, minneapolis, philadelphia, phoenix, miami, raleigh (RTP), san diego, portland
4th tier markets: cleveland, hartford, las vegas, baltimore, columbus, wilmington, cincinnati, tampa, indianapolis, kansas city, salt lake city, st. louis, sacramento, birmingham, pittsburgh
5th tier markets: new orleans, detroit, grand rapids, nashville, greenville, ft. lauderdale, newark, orlando, west palm beach, madison, milwaukee, san antonio, jackson, louisville, lexington, and probably numerous others.


if you work for a v30 firm, but in one of their offices in a 2ndary or 3rdtier market, what do you make? also I feel like miami's gotta be at least second tier...

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JazzOne
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Re: Why doesn't everyone do this?!?

Postby JazzOne » Sat Jan 30, 2010 4:27 am

najumobi wrote:just my opinion

Primary Markets: NYC, DC, LA, SF, CHI
Secondary Markets: atlanta, dallas-fort worth, houston, boston, seattle
3rd tier markets: denver, charlotte, austin, minneapolis, philadelphia, phoenix, miami, raleigh (RTP), san diego, portland
4th tier markets: cleveland, hartford, las vegas, baltimore, columbus, wilmington, cincinnati, tampa, indianapolis, kansas city, salt lake city, st. louis, sacramento, birmingham, pittsburgh
5th tier markets: new orleans, detroit, grand rapids, nashville, greenville, ft. lauderdale, newark, orlando, west palm beach, madison, milwaukee, san antonio, jackson, louisville, lexington, and probably numerous others.

Interesting. Switch SF and Houston, and I would agree.

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PDaddy
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Re: Why doesn't everyone do this?!?

Postby PDaddy » Sat Jan 30, 2010 4:37 am

najumobi wrote:just my opinion

Primary Markets: NYC, DC, LA, SF, CHI
Secondary Markets: atlanta, dallas-fort worth, houston, boston, seattle
3rd tier markets: denver, charlotte, austin, minneapolis, philadelphia, phoenix, miami, raleigh (RTP), san diego, portland
4th tier markets: cleveland, hartford, las vegas, baltimore, columbus, wilmington, cincinnati, tampa, indianapolis, kansas city, salt lake city, st. louis, sacramento, birmingham, pittsburgh
5th tier markets: new orleans, detroit, grand rapids, nashville, greenville, ft. lauderdale, newark, orlando, west palm beach, madison, milwaukee, san antonio, jackson, louisville, lexington, and probably numerous others.


I'd agree with the primary and secondary markets. Everything else is third tier. You forgot about Memphis, Santa Fe, Oklahoma City, Tucson, and Jacksonville. They all suck.

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agentzer0
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Re: Why doesn't everyone do this?!?

Postby agentzer0 » Sat Jan 30, 2010 4:47 am

ok, whatever, i don't care what "rank" miami's market is, i just want to know what a v30 associate in Miami makes coming out of school.

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agentzer0
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Re: Why doesn't everyone do this?!?

Postby agentzer0 » Sat Jan 30, 2010 4:51 am

also would like to know how much easier it would be to get a job in a 'secondary' market such as miami, than a primary market. will t-14 make it super easy? ccn?

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najumobi
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Re: Why doesn't everyone do this?!?

Postby najumobi » Sat Jan 30, 2010 10:40 am

agentzer0 wrote:ok, whatever, i don't care what "rank" miami's market is, i just want to know what a v30 associate in Miami makes coming out of school.

there are 3 v25 firms and 1 v50 firm with offices in miami.
Weil, Gotshal & Manges- 160k
white & case- 135k
hogan & hartson- unknown
baker & mckenzie- unknown
from looking at what the other firms pay it seems like median for miami biglaw is 135k

i think many people who don't mind working in a tertiary markets just go back to their home region to work. i have 2 friends who went to T10 schools and ended up working in charlotte (we're all from NC).

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JazzOne
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Re: Why doesn't everyone do this?!?

Postby JazzOne » Sat Jan 30, 2010 10:53 am

agentzer0 wrote:ok, whatever, i don't care what "rank" miami's market is, i just want to know what a v30 associate in Miami makes coming out of school.

I am a 1L at UT, and Austin is similar to Miami in that Austin is not a primary market, but there are some big firms here. Last week I interviewed with a few big firms, and I talked to some partners about working in Austin. What they told me is that it is virtually impossible to get hired in Austin. The Austin offices are much smaller, so they don't host summer associate programs. Also, Austin is a choice destination for many in Texas, so the competition for those jobs is fierce. I was told that a starting associate would have to make his start in Dallas or Houston, and then he could try to transfer to the Austin office after several years with the firm. Plus, the smaller offices won't have the need for such a diverse range of practices, so the type of law you can practice in a secondary market is limited. I don't know whether these same factors apply to biglaw offices in Miami, but I suspect that many people want to live there and that the biglaw jobs in Miami are extremely difficult to get straight out of law school.

Renzo
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Re: Why doesn't everyone do this?!?

Postby Renzo » Sat Jan 30, 2010 11:59 am

Man. People on this site reeeeeally like lists.

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chadwick218
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Re: Why doesn't everyone do this?!?

Postby chadwick218 » Sat Jan 30, 2010 12:31 pm

najumobi wrote:just my opinion

Primary Markets: NYC, DC, LA, SF, CHI
Secondary Markets: atlanta, dallas-fort worth, houston, boston, seattle
3rd tier markets: denver, charlotte, austin, minneapolis, philadelphia, phoenix, miami, raleigh (RTP), san diego, portland
4th tier markets: cleveland, hartford, las vegas, baltimore, columbus, wilmington, cincinnati, tampa, indianapolis, kansas city, salt lake city, st. louis, sacramento, birmingham, pittsburgh
5th tier markets: new orleans, detroit, grand rapids, nashville, greenville, ft. lauderdale, newark, orlando, west palm beach, madison, milwaukee, san antonio, jackson, louisville, lexington, and probably numerous others.


With JazzOne's modification, I'll buy this. I do think that Dallas and Houston are in an interesting middle tier b/w the primary and secondary markets though.

legends159
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Re: Why doesn't everyone do this?!?

Postby legends159 » Sat Jan 30, 2010 1:26 pm

I'll probably end up in NYC, but wtf is so great about NYC? Your 160K becomes like 85K after taxes and then like 40K after COL and then like 0 after student loans.

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RVP11
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Re: Why doesn't everyone do this?!?

Postby RVP11 » Sat Jan 30, 2010 2:22 pm

The Bay Area cities, taken together, have almost twice as many attorneys at Dallas or Houston. You can't forget how many firms have their offices in San Jose, Menlo Park, Palo Alto, etc.

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RVP11
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Re: Why doesn't everyone do this?!?

Postby RVP11 » Sat Jan 30, 2010 2:25 pm

JazzOne wrote:
najumobi wrote:just my opinion

Primary Markets: NYC, DC, LA, SF, CHI
Secondary Markets: atlanta, dallas-fort worth, houston, boston, seattle
3rd tier markets: denver, charlotte, austin, minneapolis, philadelphia, phoenix, miami, raleigh (RTP), san diego, portland
4th tier markets: cleveland, hartford, las vegas, baltimore, columbus, wilmington, cincinnati, tampa, indianapolis, kansas city, salt lake city, st. louis, sacramento, birmingham, pittsburgh
5th tier markets: new orleans, detroit, grand rapids, nashville, greenville, ft. lauderdale, newark, orlando, west palm beach, madison, milwaukee, san antonio, jackson, louisville, lexington, and probably numerous others.

Interesting. Switch SF and Houston, and I would agree.


Bay Area has a larger legal market than Houston. Philadelphia has a much bigger and more significant legal market than Seattle.

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JazzOne
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Re: Why doesn't everyone do this?!?

Postby JazzOne » Sat Jan 30, 2010 2:34 pm

JSUVA2012 wrote:The Bay Area cities, taken together, have almost twice as many attorneys at Dallas or Houston. You can't forget how many firms have their offices in San Jose, Menlo Park, Palo Alto, etc.

I didn't realize that. Interesting. I wouldn't want to live in NYC or California though. Then again, I'm basing my perception of California on LA. Perhaps northern Cali is nicer. Still, the COL is the deciding factor. I can make market in Houston with half the COL.

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underachiever
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Re: Why doesn't everyone do this?!?

Postby underachiever » Sat Jan 30, 2010 2:40 pm

betasteve wrote:
legends159 wrote:I'll probably end up in NYC, but wtf is so great about NYC? Your 160K becomes like 85K after taxes and then like 40K after COL and then like 0 after student loans.

I've long wondered the same thing. You couldn't pay me enough to live in NYC.


prestige....people feel they best lawyer, working at the one of the best firm's, flagship office in the city where things, from every corner of the world get done....

you can always lateral out of NYC office, but it is much harder to lateral into a firms NYC office, b/c it usually is the firms flagship office

I dont want it...but lots of people do!

Renzo
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Re: Why doesn't everyone do this?!?

Postby Renzo » Sat Jan 30, 2010 2:45 pm

betasteve wrote:
legends159 wrote:I'll probably end up in NYC, but wtf is so great about NYC? Your 160K becomes like 85K after taxes and then like 40K after COL and then like 0 after student loans.

I've long wondered the same thing. You couldn't pay me enough to live in NYC.

This is how I feel about Los Angeles. It's all the disadvantages of the suburbs, but more expensive and pretentious.

I like NYC, but the things I like about it are exactly the things that make others hate it, so I can understand why people wouldn't want to be there. For me, never having to drive ever, and never having to travel more than 1/2 mile for anything you could ever imagine wanting (and at any time of day) is worth the tiny, tiny apartments, the noise, etc.

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TTT-LS
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Re: Why doesn't everyone do this?!?

Postby TTT-LS » Sat Jan 30, 2010 3:25 pm

.
Last edited by TTT-LS on Mon Jul 05, 2010 12:50 pm, edited 1 time in total.

Anonymous User
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Re: Why doesn't everyone do this?!?

Postby Anonymous User » Sat Jan 30, 2010 8:03 pm

PDaddy wrote:najumobi wrote:
just my opinion

Primary Markets: NYC, DC, LA, SF, CHI
Secondary Markets: atlanta, dallas-fort worth, houston, boston, seattle
3rd tier markets: denver, charlotte, austin, minneapolis, philadelphia, phoenix, miami, raleigh (RTP), san diego, portland
4th tier markets: cleveland, hartford, las vegas, baltimore, columbus, wilmington, cincinnati, tampa, indianapolis, kansas city, salt lake city, st. louis, sacramento, birmingham, pittsburgh
5th tier markets: new orleans, detroit, grand rapids, nashville, greenville, ft. lauderdale, newark, orlando, west palm beach, madison, milwaukee, san antonio, jackson, louisville, lexington, and probably numerous others.


So how much $$ could a 1st-year associate expect to make in the "5th Tier"? Like in a city the size of Madison or Greenville? (Assuming that person went to a T6 or T10 school.)

Also, what if the same person worked for $160k at a big firm in Boston or NYC for 2 years first? As a transplant to a 5th-tier location, how much could that person make?

Thanks for the help....




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