Cravath's Spawn - the Wave of Copycats - RUNNING TALLY Forum

[trbrny]

Let's start a running tally of the firms that are raising to $180k. Post here as soon as soon as you find out and I will update the list.

Note: To the degree possible, please post a verifiable source as soon as available -- firms that do not yet have public compensation memos will be listed with an asterisk. Firms with verified raises will be listed with the date on which they announced the raises.

Firms that have raised to $180K:

1. Cravath - June 6, 2016
2. Hueston Hennigan - June 6, 2016
3. Milbank - June 7, 2016
4. Paul, Weiss - June 7, 2016
5. Cahill - June 7, 2016
6. Weil - June 7, 2016
7. Irell - June 7, 2016
8. Cleary - June 8, 2016
9. Simpson Thacher - June 8, 2016
10. Holwell Shuster & Goldberg - June 8, 2016
11. Debevoise - June 8, 2016
12. Kirkland & Ellis - June 8, 2016
13. Sullivan & Cromwell - June 8, 2016
14. Winston & Strawn - June 8, 2016
15. Quinn Emanuel - June 8, 2016
16. Skadden - June 8, 2016
17. Cooley - June 8, 2016
18. Davis Polk - June 8, 2016
19. Freshfields - June 8, 2016
20. Keker & Van Nest - June 9, 2016
21. Willkie - June 9, 2016
22. Greenberg Gross - June 9, 2016
23. Gunderson Dettmer - June 9, 2016
24. Vinson & Elkins - June 9, 2016
25. Sidley - June 9, 2016
26. Latham - June 9, 2016
27. Clifford Chance - June 9, 2016
28. Proskauer - June 9, 2016 (Boston, Chicago, Los Angeles, New York, and D.C. only)
29. Fenwick - June 9, 2016
30. mckool smith - June 9, 2016
31. Desmarais - June 10, 2016 ($200k!)
32. Brown Rudnick (New York only + some other TTT stuff)
33. Susman Godfrey - June 10, 2016 ($190k! - unclear what this first year base means, as the firm does not hire first years)
34. White & Case - June 10, 2016 (New York, D.C., Los Angeles and Silicon Valley only)
35. Shearman - June 10, 2016
36. Baker Botts - June 11, 2016
37. Yeter Coleman - June 13, 2016
38. Lock Lorde - June 13, 2016 (Austin, Boston, Chicago, Dallas, Houston, Los Angeles, New York, San Francisco and D.C. only)
39. Hogan Lovells - June 13, 2016 (all offices except Miami and Colorado Springs)
40. MoFo - June 13, 2016
41. Paul Hastings - June 13, 2016
42. Wilson Sonsini - June 13, 2016
43. Gibson Dunn - June 13, 2016
44. Akin Gump - June 13, 2016
45. ? ? Baker & McKenzie - June 13, 2016 (Dollar amount/nationwide raise remains unclear)
46. Ropes & Gray - June 13, 2016 (Dollar amount remains unclear)
47. Bracewell - June 13, 2016
48. Jenner - June 14, 2016
49. Covington - June 14, 2016 (Nationwide match, but still... ConvingTTTon)
50. Boies Schiller - June 14, 2016
51. Mayer Brown - June 14, 2016
52. DLA Piper - June 14, 2016
53. Fried Frank - June 14, 2016
54. Goodwin Procter - June 14, 2016
55. Schulte - June 15, 2016
56. Arnold & Porter - June 15, 2016
57. Kramer Levin - June 15, 2016
58. Hughes Hubbard - June 15, 2016
59. McDermott - June 15, 2016
60. Cadwalader - June 15, 2016
61. Dechert - June 16, 2016
62. Orrick - June 16, 2016 (Raises in Portland, Seattle and Sacramento, but not to market)
63. Crowell & Moring*
64. Ashurst*
65. Polsinelli*
66. Munger Tolles*
67. O'Melveny*

TTT List (firms that have indicated that they may NOT match):

1. Kelley Drye
2. Seyfarth Shaw

* Unverified
Firm is on The CovingTTTon List
Firm is on the Des(is)MaRais(e) List

[PMan99]

“No doubt we will be raising as will other firms,” John Quinn, co-founder of litigation powerhouse Quinn Emanuel Urquhart & Sullivan LLP, said in an email. “This market is very efficient in that way.”

http://www.wsj.com/articles/law-firm-cr ... 1465241318

[Anonymous User]

Milbank Tweed

[Anonymous User]

Milbank Tweed

LA and DC too. This is the best day ever.

[trbrny]

Milbank Tweed

LA and DC too. This is the best day ever.

Sweet. Congrats

[cjw564]

Heard cleary and dpw matched

[trbrny]

Heard cleary and dpw matched

Source?

[abitaman6363]

I think we should give firms who follow suit a bit more impressive title than "copycats." After all, the second person gives the first person legitimacy.

https://www.ted.com/talks/derek_sivers_ ... anguage=en

[trbrny]

I think we should give firms who follow suit a bit more impressive title than "copycats." After all, the second person gives the first person legitimacy.

https://www.ted.com/talks/derek_sivers_ ... anguage=en

http://www.wsj.com/articles/law-firm-cr ... 1465241318

See the headline...

[abitaman6363]

http://www.wsj.com/articles/law-firm-cr ... 1465241318

See the headline...

Read yesterday and forgot about that. I am going to chalk my (joking) concern up to the fact that I want no excuse for firms to not reach $180K (and for one brave firm to go full Leeroy Jenkins and hit $185K).

[trbrny]

http://www.wsj.com/articles/law-firm-cr ... 1465241318

See the headline...

Read yesterday and forgot about that. I am going to chalk my (joking) concern up to the fact that I want no excuse for firms to not reach $180K (and for one brave firm to go full Leeroy Jenkins and hit $185K).

Fair point. I'll try to think of a witty twist on the above (when I can clear the head space, after marking up some shoddy work from an SA).

[SplashBros]

Let's start a running tally of the firms that are raising to $180k.

Maybe include offices (all/NYC only/subset/etc.) as well.

[trbrny]

Let's start a running tally of the firms that are raising to $180k.

Maybe include offices (all/NYC only/subset/etc.) as well.

I think would be easier just to include a note next to the Firms that deviate (different scale, regional differences, etc.)

[cjw564]

Heard cleary and dpw matched

Source?

Friends summering there

[trbrny]

Heard cleary and dpw matched

Source?

Friends summering there

I think maybe you should first read the first 108 or so pages of this http://top-law-schools.com/forums/viewt ... 0#p9381770

[lhanvt13]

DC plz

[Jchance]

OP's list should have locations as well.

[blagar]

http://www.americanlawyer.com/id=1202759474944

AmLaw reports K&E will match, but based on the source, consider it unconfirmed.

[trbrny]

http://www.americanlawyer.com/id=1202759474944

AmLaw reports K&E will match, but based on the source, consider it unconfirmed.

Can you please provide a quote from the article, or a non-paywalled version?

[trbrny]

OP's list should have locations as well.

See above -- I will note the firms that deviate from nationwide raises.

[smaug]

Mind spelling Hueston correctly? Bothering me and idk why

[MCFC]

http://www.americanlawyer.com/id=1202759474944

AmLaw reports K&E will match, but based on the source, consider it unconfirmed.

Can you please provide a quote from the article, or a non-paywalled version?

"Kirkland & Ellis is expected to match Cravath’s new pay scale in all of its offices, said a source familiar with the firm."

[abitaman6363]

"Kirkland & Ellis is expected to match Cravath’s new pay scale in all of its offices, said a source familiar with the firm."

Amazing.

[trbrny]

Added K&E and PW, both unverified.

[Anonymous User]

Obviously this is just conjecture, but do people think lower-tiered big law firms will follow suit in giving a raise in secondary markets? For instance, if my firm pays 130k to new associates, would it have any incentive to raise to 135 or 140 based on what happens with top tier firms?