Anonymous User wrote:Why are people talking about vault rankings and not PPP rankings when deciding if firms will be able to raise salaries?
Excellent anonymous contribution.
Also, PPP "rankings" go both ways. Profits, of course, are revenue minus expenses. Some firms with really high PPP do a good job of keeping expenses down (think Quinn). Associate salary is one expense. You wouldn't necessarily expect these firms to be leading the "NYC to 190!" charge.