2014 was gangbusters all around...NYC to 190k?

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A. Nony Mouse
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Re: 2014 was gangbusters all around...NYC to 190k?

Postby A. Nony Mouse » Sat Feb 28, 2015 10:18 am

Cobretti wrote:
A. Nony Mouse wrote:Confetti, that still doesn't prove that specific law firms actually believe they're running into trouble recruiting people at this salary.

lol, this is perfect. thank you.

Posting way way late to admit I totally missed the bolded before and totally missed what you were getting at. Sorry! :oops: Auto correct is a cruel mistress and I am clearly a flake.

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Desert Fox
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Re: 2014 was gangbusters all around...NYC to 190k?

Postby Desert Fox » Sat Feb 28, 2015 2:24 pm

Does texas even pay market for midlevels. They used to not.

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wiz
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Re: 2014 was gangbusters all around...NYC to 190k?

Postby wiz » Sat Feb 28, 2015 3:31 pm

Desert Fox wrote:Does texas even pay market for midlevels. They used to not.

Yeah, they started paying market for midlevels a couple years ago after bleeding associates to Latham.

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Cobretti
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Re: 2014 was gangbusters all around...NYC to 190k?

Postby Cobretti » Thu Mar 05, 2015 11:02 am

NALP data shows this summer is the 5th year in a row of overall increasing SA class sizes. Looks like we are getting more leverage.

http://www.nationallawjournal.com/home/id=1202719572794/SummerAssociate-Hiring-Increases-for-Fifth-Straight-Year?mcode=1202617074964&curindex=0&slreturn=20150205095447
“During the last couple of years we have seen some bobbling numbers in the markers that describe law student recruiting volumes. But this past fall, for the first time since the recession, we see some clear markers of recovery," said NALP executive director James Leipold said.

There was also good news for law students who worked as summer associates during the summer of 2014: More than 93 percent received permanent job offers, surpassing the offer rate in 2007, the prerecession peak.

"In general, law firms remain cautious in their first-year hiring but in some sectors that hiring is once again becoming aggressive—particularly in the race for perceived top talent, driven perhaps in part by some anxiety that smaller entering law school classes going forward will mean a slimmer talent pool to be divided amongst competitors,” Leipold said.
“Certainly the industry continues to experience change at a breakneck pace, and it is hard to look very far ahead with any confidence, but it seems pretty clear that the summer and fall recruiting season that is shaping up for 2015 will be one of the most competitive we have seen in some time."


ETA: Link to actual data
Last edited by Cobretti on Thu Mar 05, 2015 11:19 am, edited 1 time in total.

mvp99
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Re: 2014 was gangbusters all around...NYC to 190k?

Postby mvp99 » Thu Mar 05, 2015 11:13 am

Lets hope the end of this economic cycle is only a minor speed bump

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feralinfant
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Re: 2014 was gangbusters all around...NYC to 190k?

Postby feralinfant » Tue Apr 07, 2015 4:02 pm

Philadelphia to 160.

http://abovethelaw.com/2015/04/nationwide-pay-raise-watch-philadelphia-to-160k-this-time-for-real/



NYC TO 190 250?

NYC to 190 250.

NYC to 190 250!

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Big Shrimpin
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Re: 2014 was gangbusters all around...NYC to 190k?

Postby Big Shrimpin » Tue Apr 07, 2015 7:20 pm

never

might continue to get bigger bonuses, tho

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cookiejar1
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Re: 2014 was gangbusters all around...NYC to 190k?

Postby cookiejar1 » Tue Apr 07, 2015 10:09 pm

Someone told me that Dechert was like the Cravath of Philadelphia which can only mean NYC TO 190K




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