great use of anon btwAnonymous User wrote:purpletiger wrote:TIL that a $750k salary doesn't make one rich.Anonymous User wrote:FYI, median NYC big law partner gross annual pay is about $750,000. Don't become a lawyer to get rich.
In NYC? Look, I'm not making the normative judgement as to whether it SHOULD make you rich, but it doesn't. Keep in mind you build up to that; you start much lower.
Susman Godfrey Forum
Forum rules
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
-
- Posts: 9180
- Joined: Wed Dec 21, 2011 3:14 am
Re: Susman Godfrey
-
- Posts: 23
- Joined: Wed Jul 02, 2014 12:41 am
Re: Susman Godfrey
Didn't mean to spark a controversy. I guess I should have rephrased my question as I thought 2-3 MM was the ceiling for BigLaw, so 10+MM is unbelievable. Then again SG isn't typical BigLaw and contingency fees certainly seem to be the major factor there. And contingency fees that large are equivalent to winning the lottery. "For every Joe Jamail there are 5 schmos in baggy suits leasing back offices and advertising on Spanish language radio."
- kalvano
- Posts: 11951
- Joined: Mon Sep 07, 2009 2:24 am
Re: Susman Godfrey
I mean, a $2.5MM mortgage is about $13,500 a month, and private school for two kids is roughly $8500 a month. However will you make it on only $40,000 a month.jbagelboy wrote:with how many loans thokalvano wrote:Pretty sure I could live quite comfortably on $62,000 and change a month, no matter where I lived.
- Old Gregg
- Posts: 5409
- Joined: Thu Sep 01, 2011 1:26 pm
Re: Susman Godfrey
kalvano wrote:I mean, a $2.5MM mortgage is about $13,500 a month, and private school for two kids is roughly $8500 a month. However will you make it on only $40,000 a month.jbagelboy wrote:with how many loans thokalvano wrote:Pretty sure I could live quite comfortably on $62,000 and change a month, no matter where I lived.
If you can't live wealthily in NYC on $750k, you're a moron. There's no point in debating this or arguing with people who think otherwise. Save your strength for other shit.
- fats provolone
- Posts: 7125
- Joined: Thu Oct 30, 2014 4:44 pm
Re: Susman Godfrey
man i had some good posts in this thread
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login
- Elston Gunn
- Posts: 3820
- Joined: Mon Jul 18, 2011 4:09 pm
Re: Susman Godfrey
Just bumping this because it is amazing.Anonymous User wrote:do you want to take depos in your first year? do you want to argue motions/hearings in court in your first year? do you want to be paid more than any other associates in biglaw?Anonymous User wrote:Thoughts on Susman?
If you are someone who isn't afraid of being thrown right into the deep end as a young litigator and being given responsibility equal to junior partners at most biglaw firms then there isn't a better law firm in my opinion. The firm is also very democratic. Every lawyers including associates gets a vote on what cases the firm takes and what cases the firm doesn't take. Every lawyer also decides who gets hired. All 5 offices are pretty integrated and on many of the larger cases, you have lawyers from multiple offices working together.
- kings84_wr
- Posts: 902
- Joined: Tue Jun 17, 2008 7:18 pm
Re: Susman Godfrey
They also bill the hell out of cases. My case against Susman they billed some ungodly numbers (and still got hit for a very large number at trial, fingers crossed on appeal).AveryTolar wrote:Didn't mean to spark a controversy. I guess I should have rephrased my question as I thought 2-3 MM was the ceiling for BigLaw, so 10+MM is unbelievable. Then again SG isn't typical BigLaw and contingency fees certainly seem to be the major factor there. And contingency fees that large are equivalent to winning the lottery. "For every Joe Jamail there are 5 schmos in baggy suits leasing back offices and advertising on Spanish language radio."
Susman is the epitome of the rambo litigator - don't leave a stone unturned and attack at every corner. Works pretty well if you win at MSJ or on appeal, but juries don't necessarily react well to thugs.
- cookiejar1
- Posts: 867
- Joined: Fri Mar 11, 2011 2:07 am
Re: Susman Godfrey
Anyways, there are partners that make 10m+ but they are definitely more of the exception than the norm. If you're curious to read more about it there was a decent am law article written about this just last week.
http://www.americanlawyer.com/id=120271 ... -About-YouLaw-firm consultant Peter Zeughauser estimates that roughly a dozen firms now have partners earning $10 million. "It's still rare, but there are many more partners at that level," he says. "I would say there are likely 40 to 60 Big Law partners making $10 million or more today." Patrick McKenna, a law firm practice management consultant based in Edmonton, Canada, who works with U.S. firms, concurs with the $10 million figure.
-
- Posts: 428535
- Joined: Tue Aug 11, 2009 9:32 am
Re: Susman Godfrey
c
Last edited by Anonymous User on Tue Apr 14, 2015 12:30 am, edited 1 time in total.
- nothingtosee
- Posts: 958
- Joined: Tue May 03, 2011 12:08 am
Re: Susman Godfrey
With a firm this small, is it even possible to find out about things like required/minimum billable hours?
I feel like if I tried to ferret that info out of an associate, they might just be like "this person's afraid of working hard, they won't fit in here."
I feel like if I tried to ferret that info out of an associate, they might just be like "this person's afraid of working hard, they won't fit in here."
-
- Posts: 428535
- Joined: Tue Aug 11, 2009 9:32 am
Re: Susman Godfrey
There are no minimum hours...because at least from my observations there aren't really maximum hours for associates
- rpupkin
- Posts: 5653
- Joined: Mon Dec 09, 2013 10:32 pm
Re: Susman Godfrey
Your question is off the mark, but it has nothing to do with the size of Susman. It has to do with the culture of the firm. I don't mean this sarcastically: if you feel like a firm's "minimum billable hours" is relevant to your decision of where to work, then don't even think about Susman Godfrey. You just can't think like that and survive there. It's like trying out for linebacker on a football team and asking about the minimum number of tackles you need to make.nothingtosee wrote:With a firm this small, is it even possible to find out about things like required/minimum billable hours?
Register now!
Resources to assist law school applicants, students & graduates.
It's still FREE!
Already a member? Login
- nothingtosee
- Posts: 958
- Joined: Tue May 03, 2011 12:08 am
Re: Susman Godfrey
So is there a way of figuring this out for bigger firms aside from seeing how intense people are for the 5 hours you're at a firm for a callback?rpupkin wrote:Your question is off the mark, but it has nothing to do with the size of Susman. It has to do with the culture of the firm. I don't mean this sarcastically: if you feel like a firm's "minimum billable hours" is relevant to your decision of where to work, then don't even think about Susman Godfrey. You just can't think like that and survive there. It's like trying out for linebacker on a football team and asking about the minimum number of tackles you need to make.nothingtosee wrote:With a firm this small, is it even possible to find out about things like required/minimum billable hours?
- jbagelboy
- Posts: 10361
- Joined: Thu Nov 29, 2012 7:57 pm
Re: Susman Godfrey
once you have an offer (and not before), ask for a second look and go have coffee or lunch with first and second year associates in your prospective department. You obviously won't get fully transparent answers, but it will be a little better. Also talk to 3Ls who summered at those firms or reach out to recent alums working there, they are great resources for giving you a better sense of lifestyle questions. There are also tons of receptions, offer dinners and cocktail hours, ect. where you can have slightly more honest conversations than in the interview context. None of these are ideal, but the callback really shouldn't be your only exposure to the firm before you make your decision.nothingtosee wrote:So is there a way of figuring this out for bigger firms aside from seeing how intense people are for the 5 hours you're at a firm for a callback?rpupkin wrote:Your question is off the mark, but it has nothing to do with the size of Susman. It has to do with the culture of the firm. I don't mean this sarcastically: if you feel like a firm's "minimum billable hours" is relevant to your decision of where to work, then don't even think about Susman Godfrey. You just can't think like that and survive there. It's like trying out for linebacker on a football team and asking about the minimum number of tackles you need to make.nothingtosee wrote:With a firm this small, is it even possible to find out about things like required/minimum billable hours?
At the end of the day, experience will vary amongst associates so you can't take anyone's word as gospel, but they at least provide the opportunity to have a larger sampling.
- nothingtosee
- Posts: 958
- Joined: Tue May 03, 2011 12:08 am
Re: Susman Godfrey
Not counting bonuses, does Susman really pay above market?
They require a clerkship for everyone.
Don't other firms just start you at the second year salary if you clerk?
What am I missing?
They require a clerkship for everyone.
Don't other firms just start you at the second year salary if you clerk?
What am I missing?
- rpupkin
- Posts: 5653
- Joined: Mon Dec 09, 2013 10:32 pm
Re: Susman Godfrey
I don't understand your question. Why would you not count bonuses as compensation?nothingtosee wrote:Not counting bonuses, does Susman really pay above market?
They require a clerkship for everyone.
Don't other firms just start you at the second year salary if you clerk?
What am I missing?
And, yes, most firms give service credit for a clerkship, but what does that have to do with anything?
Sorry, not trying to be mean...I really don't understand what you're getting at.
Get unlimited access to all forums and topics
Register now!
I'm pretty sure I told you it's FREE...
Already a member? Login
- nothingtosee
- Posts: 958
- Joined: Tue May 03, 2011 12:08 am
Re: Susman Godfrey
Like ATL goes nuts when a boutique pays over 160 to first year associates, for example: http://abovethelaw.com/2014/02/the-160k ... g-bonuses/rpupkin wrote:I don't understand your question. Why would you not count bonuses as compensation?nothingtosee wrote:Not counting bonuses, does Susman really pay above market?
They require a clerkship for everyone.
Don't other firms just start you at the second year salary if you clerk?
What am I missing?
And, yes, most firms give service credit for a clerkship, but what does that have to do with anything?
Sorry, not trying to be mean...I really don't understand what you're getting at.
It's a pretty minor point: "we pay over 160" idea seems like a bit of hot air if you require a clerkship, since a litigation associate at any big firm makes over 160 if they've done a clerkship (and it seems like that's essentially a requirement for top firms). Of course, with bonuses that are double or more of other firms, the pay is much better.
-
- Posts: 23
- Joined: Wed Jul 02, 2014 12:41 am
Re: Susman Godfrey
Out of curiosity how deep into the class at UHLC does Susman typically dip? Someone on here mentioned that they recruit from UT, UHLC and HYS, but just browsing their website I saw only a handful of UH grads.
-
- Posts: 8058
- Joined: Tue Oct 15, 2013 2:47 pm
Re: Susman Godfrey
Oh, sweetie.AveryTolar wrote:Out of curiosity how deep into the class at UHLC does Susman typically dip? Someone on here mentioned that they recruit from UT, UHLC and HYS, but just browsing their website I saw only a handful of UH grads.
Last edited by FSK on Sat Jan 27, 2018 5:13 pm, edited 1 time in total.
- wiz
- Posts: 44572
- Joined: Sun Jul 07, 2013 11:25 pm
Re: Susman Godfrey
They probably dip all the way down to valedictorian every other year.AveryTolar wrote:Out of curiosity how deep into the class at UHLC does Susman typically dip? Someone on here mentioned that they recruit from UT, UHLC and HYS, but just browsing their website I saw only a handful of UH grads.
Communicate now with those who not only know what a legal education is, but can offer you worthy advice and commentary as you complete the three most educational, yet challenging years of your law related post graduate life.
Register now, it's still FREE!
Already a member? Login
-
- Posts: 756
- Joined: Thu Dec 30, 2010 12:15 pm
Re: Susman Godfrey
^^you guys are dicks.
I honestly doubt the recruiting standards aren't much different for UH than they are for UT (i.e., you need to be top 1%)
I honestly doubt the recruiting standards aren't much different for UH than they are for UT (i.e., you need to be top 1%)
-
- Posts: 23
- Joined: Wed Jul 02, 2014 12:41 am
Re: Susman Godfrey
Let me rephrase, where in the class rank would someone have to be to realistically have a shot in hell of being competitive?
-
- Posts: 8058
- Joined: Tue Oct 15, 2013 2:47 pm
Re: Susman Godfrey
1/XXX. You're going to need a 2/9/DC (or equivalent for Texas cases) Clerkship to have a shot, just like every applicant.AveryTolar wrote:Let me rephrase, where in the class rank would someone have to be to realistically have a shot in hell of being competitive?
Last edited by FSK on Sat Jan 27, 2018 5:13 pm, edited 1 time in total.
- rpupkin
- Posts: 5653
- Joined: Mon Dec 09, 2013 10:32 pm
Re: Susman Godfrey
Although it's difficult to get hired at Susman, the bolded isn't actually true.flawschoolkid wrote:1/XXX. You're going to need a 2/9/DC (or equivalent for Texas cases) Clerkship to have a shot, just like every applicant.AveryTolar wrote:Let me rephrase, where in the class rank would someone have to be to realistically have a shot in hell of being competitive?
Seriously? What are you waiting for?
Now there's a charge.
Just kidding ... it's still FREE!
Already a member? Login