Re: Cravath SHATTERS THE MARKET!
Posted: Tue Nov 29, 2011 12:56 am
Dude is just mad he has zero credibility at this point.romothesavior wrote:Cp, you started out with such promise ITT. Don't go all herp derp on us now.
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Dude is just mad he has zero credibility at this point.romothesavior wrote:Cp, you started out with such promise ITT. Don't go all herp derp on us now.
Or Chicago. Kirkland associates are balling with $160k + 2x Cravath bonus in a city where a fancy 1BR in a high-rise in downtown runs you $1750/month.G. T. L. Rev. wrote:From a descriptive standpoint, I agree. The more interesting questions, to me at least, are (1) whether there will be a repeat of the spring bonus phenomenon, perhaps along the "check raise" lines suggested by Elie, and (2) how much of an impact the decreasing bonus (as a % of PPP) trend has on NYC biglaw vs. other major markets. On (2), large bonuses are the primary justification for the longer hours and higher COL faced by NYC associates. But if bonuses remain stagnant and (relatively) small, the smart money will continue to lie elsewhere, for instance in markets like Atlanta and Houston.MrKappus wrote:^ +1 to this (and to Anonymous above it). Firms will pay Cravath's scale this year (or less), it will not result in a biglaw exodus, and we'll all get to have this conversation again next year.
IAFG wrote:I would like to point out that no lawyer is "balling." Not a one. Not SCOTUS clerks, not biglaw partners, not in-house 9-5ers... not any.
Ballers = guys who play a playground game professionally, make $$$ doing it, then fuck models.rayiner wrote:It's relative. I'd say that lawyers are balling in Atlanta, certainly, where "finance" means $70k at Bank of America.IAFG wrote:I would like to point out that no lawyer is "balling." Not a one. Not SCOTUS clerks, not biglaw partners, not in-house 9-5ers... not any.
I beg to differ:IAFG wrote:I would like to point out that no lawyer is "balling." Not a one. Not SCOTUS clerks, not biglaw partners, not in-house 9-5ers... not any.
Dear IAFG, though usually a poster straight and true, I have to call bullshit on this one. This guy has a football field named after him and everything: http://en.wikipedia.org/wiki/Joe_JamailIAFG wrote:I would like to point out that no lawyer is "balling." Not a one. Not SCOTUS clerks, not biglaw partners, not in-house 9-5ers... not any.
but he's still just a fucking lawyer, now isn't he?Veyron wrote:Dear IAFG, though usually a poster straight and true, I have to call bullshit on this one. This guy has a football field named after him and everything: http://en.wikipedia.org/wiki/Joe_JamailIAFG wrote:I would like to point out that no lawyer is "balling." Not a one. Not SCOTUS clerks, not biglaw partners, not in-house 9-5ers... not any.
Joe Jamail is just a lawyer the same way that I'm just a poster. He could probably pay Tom Brady to ball for him.IAFG wrote:but he's still just a fucking lawyer, now isn't he?Veyron wrote:Dear IAFG, though usually a poster straight and true, I have to call bullshit on this one. This guy has a football field named after him and everything: http://en.wikipedia.org/wiki/Joe_JamailIAFG wrote:I would like to point out that no lawyer is "balling." Not a one. Not SCOTUS clerks, not biglaw partners, not in-house 9-5ers... not any.
But would Giselle Bundchen (enthusiastically) fuck him?Veyron wrote:Joe Jamail is just a lawyer the same way that I'm just a poster. He could probably pay Tom Brady to ball for him.IAFG wrote: but he's still just a fucking lawyer, now isn't he?
Prolly not, but she wouldn't fuck Ray Lewis either.IAFG wrote:But would Giselle Bundchen (enthusiastically) fuck him?Veyron wrote:Joe Jamail is just a lawyer the same way that I'm just a poster. He could probably pay Tom Brady to ball for him.IAFG wrote: but he's still just a fucking lawyer, now isn't he?
This video may answer that question for you http://www.youtube.com/watch?v=UEc8Xzn1WqUIAFG wrote:But would Giselle Bundchen (enthusiastically) fuck him?Veyron wrote:Joe Jamail is just a lawyer the same way that I'm just a poster. He could probably pay Tom Brady to ball for him.IAFG wrote: but he's still just a fucking lawyer, now isn't he?
I hate this saying with a passion, but I really think it applies here:Julio_El_Chavo wrote:REMINDER: if you make any more than 60k per year, you are NOT increasing your experiential happiness. What matters most is spending time with quality people and doing something meaningful with your life (other than serving your corporate overlords).
Cosigned, Daniel Kahneman - Father of Behavioral Economics (http://www.ted.com/talks/daniel_kahnema ... emory.html)
Now, continue striving.
Well that answers the question of whether you would fuck him...Veyron wrote:This video may answer that question for you http://www.youtube.com/watch?v=UEc8Xzn1WqUIAFG wrote:But would Giselle Bundchen (enthusiastically) fuck him?Veyron wrote:Joe Jamail is just a lawyer the same way that I'm just a poster. He could probably pay Tom Brady to ball for him.IAFG wrote: but he's still just a fucking lawyer, now isn't he?
That saying applies to like 99% of posts on this site.bjsesq wrote:I hate this saying with a passion, but I really think it applies here:Julio_El_Chavo wrote:REMINDER: if you make any more than 60k per year, you are NOT increasing your experiential happiness. What matters most is spending time with quality people and doing something meaningful with your life (other than serving your corporate overlords).
Cosigned, Daniel Kahneman - Father of Behavioral Economics (http://www.ted.com/talks/daniel_kahnema ... emory.html)
Now, continue striving.
Cool story, bro.
My love can be bought.Well that answers the question of whether you would fuck him...
Yeah, but your post has that little extra something. Something the french call, I don't know what.Julio_El_Chavo wrote:That saying applies to like 99% of posts on this site.bjsesq wrote:I hate this saying with a passion, but I really think it applies here:Julio_El_Chavo wrote:REMINDER: if you make any more than 60k per year, you are NOT increasing your experiential happiness. What matters most is spending time with quality people and doing something meaningful with your life (other than serving your corporate overlords).
Cosigned, Daniel Kahneman - Father of Behavioral Economics (http://www.ted.com/talks/daniel_kahnema ... emory.html)
Now, continue striving.
Cool story, bro.
ty, i try very hardbjsesq wrote:Yeah, but your post has that little extra something. Something the french call, I don't know what.Julio_El_Chavo wrote:That saying applies to like 99% of posts on this site.bjsesq wrote:I hate this saying with a passion, but I really think it applies here:Julio_El_Chavo wrote:REMINDER: if you make any more than 60k per year, you are NOT increasing your experiential happiness. What matters most is spending time with quality people and doing something meaningful with your life (other than serving your corporate overlords).
Cosigned, Daniel Kahneman - Father of Behavioral Economics (http://www.ted.com/talks/daniel_kahnema ... emory.html)
Now, continue striving.
Cool story, bro.
rayiner wrote:Or Chicago. Kirkland associates are balling with $160k + 2x Cravath bonus in a city where a fancy 1BR in a high-rise in downtown runs you $1750/month.G. T. L. Rev. wrote:From a descriptive standpoint, I agree. The more interesting questions, to me at least, are (1) whether there will be a repeat of the spring bonus phenomenon, perhaps along the "check raise" lines suggested by Elie, and (2) how much of an impact the decreasing bonus (as a % of PPP) trend has on NYC biglaw vs. other major markets. On (2), large bonuses are the primary justification for the longer hours and higher COL faced by NYC associates. But if bonuses remain stagnant and (relatively) small, the smart money will continue to lie elsewhere, for instance in markets like Atlanta and Houston.MrKappus wrote:^ +1 to this (and to Anonymous above it). Firms will pay Cravath's scale this year (or less), it will not result in a biglaw exodus, and we'll all get to have this conversation again next year.
In any case, weak bonuses are no surprise. Corporate was slow in 2011, especially after the debt-ceiling fiasco.
emkay625 wrote:rayiner wrote:Or Chicago. Kirkland associates are balling with $160k + 2x Cravath bonus in a city where a fancy 1BR in a high-rise in downtown runs you $1750/month.G. T. L. Rev. wrote:From a descriptive standpoint, I agree. The more interesting questions, to me at least, are (1) whether there will be a repeat of the spring bonus phenomenon, perhaps along the "check raise" lines suggested by Elie, and (2) how much of an impact the decreasing bonus (as a % of PPP) trend has on NYC biglaw vs. other major markets. On (2), large bonuses are the primary justification for the longer hours and higher COL faced by NYC associates. But if bonuses remain stagnant and (relatively) small, the smart money will continue to lie elsewhere, for instance in markets like Atlanta and Houston.MrKappus wrote:^ +1 to this (and to Anonymous above it). Firms will pay Cravath's scale this year (or less), it will not result in a biglaw exodus, and we'll all get to have this conversation again next year.
In any case, weak bonuses are no surprise. Corporate was slow in 2011, especially after the debt-ceiling fiasco.
Or Texas.....where a fancy 1BR in a high-rise downton runs you $900/month.
: )
Veyron wrote:Thats just the point, I DON'T want the Cravath gig at the current pay levels and a lot of other talented people with other options don't either. It doesn't make much sense to work so much more for so little extra money.Eco wrote:I wasn't saying that they want to hire me or anything. I'm just saying, for someone at a school like GW where even with good grades big law is still tough to get, those who got the jobs we all want can be at least happy they are getting a bonus.
Depends on the firm. I know a few V5s, including S&C, that are practically dead in M&A at the moment (which is I find the whole "S&C will double" meme kind of hilarious). My V10, and one other V5 that I know, are extremely busy, though I really have no gauge as to how long that will last.rayiner wrote: In any case, weak bonuses are no surprise. Corporate was slow in 2011, especially after the debt-ceiling fiasco.