Tax Interview Program (TIP) 2017

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sat Mar 11, 2017 10:25 pm

I guess I'm not surprised. I was always skeptical EY could pay 140 for a freshly minted LLM. That's close to senior manager money.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sat Mar 11, 2017 11:54 pm

That's not accurate. 140k is not close to what senior managers make in these groups.

I've heared rumors that EY is negotiating on a case by case basis with individual offers whether to keep at 140k. So very strange...

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 12:46 am

Pretty sure a senior manager with an LLM makes sufficiently more than 140.

EY was actually considering 140 for new LLMs. Apparently there are LLMs that were offered 140 last semester.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 12:23 pm

Are you sure some people were offered 140k? EY NY didn't even recruit at NYU in the fall.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 1:35 pm

Non-JD senior managers start around 140. At least my buddy did. Granted, he was in WNT and not M&A.

My point was I don't see the firm getting enough value add out of freshly minted LLMs to pay that much.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 2:09 pm

Deleted.
Last edited by Anonymous User on Mon Mar 13, 2017 12:01 pm, edited 1 time in total.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 3:27 pm

I seriously doubt first year senior list price is 800/hr, given that WNT/M&A partners were getting billed out for 1100/hr 2 years ago.

Even with a discount this seems optimistic. Nobody is paying 520/hr for a senior. In real life you would be lucky to get 600/hr for a manager.

In any case, the proof is in the pudding. It doesn't look like EY is going to be paying that 140k to quite a few people.
Last edited by Anonymous User on Sun Mar 12, 2017 4:30 pm, edited 1 time in total.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 3:36 pm

Deleted.
Last edited by Anonymous User on Mon Mar 13, 2017 12:00 pm, edited 1 time in total.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 3:43 pm

LOL ok. I used to work with a couple of Level E Partners at Deloitte. They did not bill 1700 an hour. Nobody in the industry commands 1700 an hour. If EY is billing 1700 an hour they are probably not getting a lot of work.
Last edited by Anonymous User on Sun Mar 12, 2017 4:30 pm, edited 1 time in total.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 3:59 pm

Deleted.
Last edited by Anonymous User on Mon Mar 13, 2017 12:00 pm, edited 1 time in total.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 4:12 pm

When my clients engaged WNT they did not pay anywhere close to that much. We handled all the billing so I saw the rates that they got. Unless rates doubled in the last year I don't see 1700/hr being possible.

Look at it this way, if the Big4 were getting 500-600/hr doing tax diligence, biglaw would be chomping at the bit to do tax diligence.

Just out of curiousity, do you actually work there?
Last edited by Anonymous User on Sun Mar 12, 2017 4:30 pm, edited 1 time in total.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 4:20 pm

Deleted.
Last edited by Anonymous User on Mon Mar 13, 2017 12:01 pm, edited 1 time in total.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sun Mar 12, 2017 8:46 pm

The billing rates listed above are 100% accurate. That poster clearly works at EY, as do I. Junior people handle all the billing, so we know the rates being charged.

The 140k offers were 100% real. The new offers are back down to 115k.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Mon Mar 13, 2017 9:07 am

Anonymous User wrote:
Anonymous User wrote:Had CB with McDermott Chicago yesterday. FWIW, really liked them, seemed like a great place to work.


Any word on offers at McDermott Chicago?


1. No, but I got an offer from my first choice so I withdrew from McD before I heard back.

2. During my callback they told me they would be getting back to people by the middle or end of "next week" (this week).

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Mon Mar 13, 2017 11:39 am

Any news for baker mckenzie?

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Re: Tax Interview Program (TIP) 2017

Postby Interna8yonal » Mon Mar 13, 2017 12:06 pm

...
Last edited by Interna8yonal on Tue Mar 14, 2017 4:29 pm, edited 1 time in total.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Mon Mar 13, 2017 12:35 pm

Interna8yonal wrote:I'm trying to decide whether I should spend 6 months to a year finding a job my first year out of law school. Or accept UCLA's tax llm admission and punt my job finding down for at least another 3 to 6 months. Also, Loyola's tax llm can be finished part time that will allow me the time to find a part time job, plus, one or two graduate law classes per semester. Yes, I said graduate law classes.


That's great, but how about finding an appropriate thread?

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Wed Mar 22, 2017 3:12 pm

PwC NY offers?

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Wed Mar 22, 2017 7:11 pm

Offer from PwC NY.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Thu Mar 23, 2017 12:51 pm

Any offer from Deloitte NY? Particularly interested in M&A Tax.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sat Mar 25, 2017 12:18 pm

Big4 M&A pay from TIP this year?

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Sat Mar 25, 2017 2:47 pm

Anonymous User wrote:Big4 M&A pay from TIP this year?

This includes oci as well
Highest: NYC EY 140
Highest non NYC: 115
Lowest: 85

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Wed Apr 05, 2017 5:40 pm

Anyone else still looking for a job? NYU LLM here.

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Wed Sep 13, 2017 3:40 am

Does anyone know why EY stopped giving out the $140k offers? I'm curious because it seems weird. The offers were confirmed, is it possible that the $140k was only for certain groups and those who received offers just weren't a part of the groups that pay the $140k?

Also did the pay raise affect JDs too? Or only LLMs?

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Re: Tax Interview Program (TIP) 2017

Postby Anonymous User » Thu Sep 14, 2017 4:53 pm

Anyone know how much each of the big 4 pay for non-nyc major market LLM positions?




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