Delaware to $160k Forum

[Anonymous User]

Anyone with any knowledge on the matter (i.e., current RLF, PAC, YCST associates) have any idea when/if the other firms will match?

[nick417]

they should be paying more to persuade people to live in the hell hole that is wilmington

This is kind of misguided. If you work in Wilmington, you can live in Philly (30 min commute) or South Jersey. Not a big gig with $160K per year pay check.

[nick417]

I'm legit hitting Philly and DE hard as a 3L. I'd prefer to live in nyc but I've got loans to pay and both of those cities are cheap and more tax favourable.

Philly has a 4% wage tax, just FYI. Not really sure how that compares to NYC, but it sucks. Still, you can live like a king here for under $2k a month.

6% tax on income if you live in one of the five boroughs of NYC; 4% is regardless of living location in Philly, right?

Phila wage tax applies to anyone working in the city even if u live out on the mainline or in NJ

Yeah, but it is less if you don't live in the city. My co-workers living in Philly (I live in S.Jersey) were taxed an extra $400 per paycheck living in Philly. SO if you live in the city, it is more.

[Anonymous User]

So if pay goes up at the big 4 in DE, does summer pay tick up as well?

What does the rest of the scale look like. I'm assuming a 8th year isn't making 280 100 boneanus.

This is what the old pay scale looked like at MNAT:
1st Year $145,000
2nd Year $152,250
3rd Year $159,900
4th Year $167,900
5th Year $176,300
6th Year $185,100
7th Year $194,300
8th Year $204,100

So if they keep up at 5% a year, the new scale will probably look like this:
1st: $160,000
2nd: $168,000
3rd: $176,400
4th: $185,220
5th: $194,481
6th: $204,205
7th: $214,414
8th: $225,134

Richard Layton has a more compressed scale (granted, this is as of 2007):
1st Year $145,000
2nd Year $150,000
3rd Year $155,000
4th Year $160,000
5th Year $165,000
6th Year $170,000
7th Year $175,000
8th: N/A
Source: http://abovethelaw.com/2007/06/nationwi ... ware/?rf=1

I don't work at any of these firms, but I've been told by those who do that bonuses are significantly less than NY bonuses.

[mt2165]

Had an OCI interview with MNATS which I picked up as a post-bid freebie. I took the interview seriously because I was afraid I wouldn't get a job and Delaware didn't seem that bad. But people made jokes about Delaware firms. Guess the jokes on us.

Speaking from experience, the work is narrow, technical mundane and often not transferable and Wilmington is a ghost-town, so not really.

I don't doubt that. But I'm from the midwest and not that big of a fan of nyc for the numerous obvious reasons. Point being, it's still sad to think that there are people in non-major cities like Wilmington making the same as you who live in actual affordable homes while you can't so you can enjoy all the new tapas/wine bars that are hitting nyc like the plague.

[sweeteavodka]

Had an OCI interview with MNATS which I picked up as a post-bid freebie. I took the interview seriously because I was afraid I wouldn't get a job and Delaware didn't seem that bad. But people made jokes about Delaware firms. Guess the jokes on us.

Speaking from experience, the work is narrow, technical mundane and often not transferable and Wilmington is a ghost-town, so not really.

I don't doubt that. But I'm from the midwest and not that big of a fan of nyc for the numerous obvious reasons. Point being, it's still sad to think that there are people in non-major cities like Wilmington making the same as you who live in actual affordable homes while you can't so you can enjoy all the new tapas/wine bars that are hitting nyc like the plague.

New tapas/wine bars + 700 sq. ft. >>>> 3000 sq. ft. and nothing to do.

[mt2165]

Had an OCI interview with MNATS which I picked up as a post-bid freebie. I took the interview seriously because I was afraid I wouldn't get a job and Delaware didn't seem that bad. But people made jokes about Delaware firms. Guess the jokes on us.

Speaking from experience, the work is narrow, technical mundane and often not transferable and Wilmington is a ghost-town, so not really.

I don't doubt that. But I'm from the midwest and not that big of a fan of nyc for the numerous obvious reasons. Point being, it's still sad to think that there are people in non-major cities like Wilmington making the same as you who live in actual affordable homes while you can't so you can enjoy all the new tapas/wine bars that are hitting nyc like the plague.

New tapas/wine bars + 700 sq. ft. >>>> 3000 sq. ft. and nothing to do.

Maybe I'm just not grasping how horrible and boring Wilmington is, but the whole "you need NYC to be sufficiently entertained" is super flame. Granted there are limits, and I'm beginning to think Wilmington may extend past that? But I think most cities with more than a couple hundred thousand people provide enough entertainment. But then again, Wilmington has 71,000 people, so that shit might be rough. Nvm you win.

[MCFC]

I'm sure they call it Murdertown, USA, in a lighthearted way,
http://www.newsweek.com/2014/12/19/wilm ... 90232.html

(Though real talk, I'd probably take non NYC in a heartbeat.)

[Abbie Doobie]

I'm sure they call it Murdertown, USA, in a lighthearted way,
http://www.newsweek.com/2014/12/19/wilm ... 90232.html

(Though real talk, I'd probably take non NYC in a heartbeat.)

Wilmington ranks third for violence among 450 cities of comparable size, behind the Michigan towns of Saginaw and Flint, according to a Wilmington News Journal report.

wilmington is of similar caliber as saginaw and flint? jesus...

[eastcoast_iub]

There really isn't anything to do there, everyone goes to the same 5 places for lunch over and over again. The violence isn't the reason it sucks to live there, hardly any associates live in the city. It's just that being in a drab, empty downtown on a daily basis can wear on you.

[Anonymous User]

All the talk about Wilmington being crap is overblown. It's true there is basically no nightclubs or unique bars. That's Philly. The murder and crime is awful, but also contained to certain areas. Several communities a few miles from downtown are among the wealthiest in the greater Philadelphia area.

So yes, Wilmington is boring and people kill each other at a high rate. But there are distinct divides between bad and good. If you require a big city lifestyle, you'll hate it. But if you are from the south, Midwest, etc and enjoy the suburbs, you can do way worse than DE with 160k. Philly is right down the road when you get bored with the time off from work that you don't have.

[AT9]

Had an OCI interview with MNATS which I picked up as a post-bid freebie. I took the interview seriously because I was afraid I wouldn't get a job and Delaware didn't seem that bad. But people made jokes about Delaware firms. Guess the jokes on us.

Speaking from experience, the work is narrow, technical mundane and often not transferable and Wilmington is a ghost-town, so not really.

I don't doubt that. But I'm from the midwest and not that big of a fan of nyc for the numerous obvious reasons. Point being, it's still sad to think that there are people in non-major cities like Wilmington making the same as you who live in actual affordable homes while you can't so you can enjoy all the new tapas/wine bars that are hitting nyc like the plague.

New tapas/wine bars + 700 sq. ft. >>>> 3000 sq. ft. and nothing to do.

Maybe I'm just not grasping how horrible and boring Wilmington is, but the whole "you need NYC to be sufficiently entertained" is super flame. Granted there are limits, and I'm beginning to think Wilmington may extend past that? But I think most cities with more than a couple hundred thousand people provide enough entertainment. But then again, Wilmington has 71,000 people, so that shit might be rough. Nvm you win.

The actual population is small (within city limits), but the New Castle County pop. is over half a million and its in the Philly metropolitan area, being less than 30 miles away. I'm sure the actual city of Wilmington sucks, but it's not as if you're stranded in Bismarck or something.

Also, the DE firms seemed to be all about the "I can afford an actual home with a yard for kids and a dog" lifestyle. Most people targeting DE firms probably aren't all that concerned about missing the newest tapas/wine bar in Manhattan.

[Desert Fox]

[Anonymous User]

RLF just matched.

Reference?

[Desert Fox]

[Monochromatic Oeuvre]

All the talk about Wilmington being crap is overblown. It's true there is basically no nightclubs or unique bars. That's Philly. The murder and crime is awful, but also contained to certain areas. Several communities a few miles from downtown are among the wealthiest in the greater Philadelphia area.

So yes, Wilmington is boring and people kill each other at a high rate. But there are distinct divides between bad and good. If you require a big city lifestyle, you'll hate it. But if you are from the south, Midwest, etc and enjoy the suburbs, you can do way worse than DE with 160k. Philly is right down the road when you get bored with the time off from work that you don't have.

"It might worth it to stomach Wilmington for high take-home pay" != "Wilmington is not a complete shithole."

[Anonymous User]

RLF just matched.

Reference?

I joked with my local counsel that he shoulda worked at MNAT. Said he got the memo today. 160k + "commensurate increases" for everyone else. He said that's typically 5% a class year, but wasnt' sure.

DF, are you trolling us?

[Desert Fox]

[Anonymous User]

I heard it third hand, the two other people in the chain being reliable, and neither are DF

- anonymous TLS poster

(but really, I believe it's true)

[Anonymous User]

All the talk about Wilmington being crap is overblown. It's true there is basically no nightclubs or unique bars...So yes, Wilmington is boring and people kill each other at a high rate.

[los blancos]

Wilmington is crappy, but just by virtue of its location it's better than most of the country.

[Anonymous User]

Now that RLF has matched the MNAT scale, what are the odds of Potter or YCST upping it?

DE to 190!!!!

[Anonymous User]

[Anonymous User]

I hope this is the week for PA and YCST

[Anonymous User]

I hope this is the week for PA and YCST

FWIW, I haven't gotten any non-TLS confirmation from RLF.