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Re: Tax Interview Program (TIP) 2017

Posted: Sat Mar 11, 2017 10:25 pm
by Anonymous User
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.

Re: Tax Interview Program (TIP) 2017

Posted: Sat Mar 11, 2017 11:54 pm
by Anonymous User
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...

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 12:46 am
by Anonymous User
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.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 12:23 pm
by Anonymous User
Are you sure some people were offered 140k? EY NY didn't even recruit at NYU in the fall.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 1:35 pm
by Anonymous User
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.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 2:09 pm
by Anonymous User
Deleted.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 3:27 pm
by Anonymous User
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.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 3:36 pm
by Anonymous User
Deleted.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 3:43 pm
by Anonymous User
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.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 3:59 pm
by Anonymous User
Deleted.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 4:12 pm
by Anonymous User
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?

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 4:20 pm
by Anonymous User
Deleted.

Re: Tax Interview Program (TIP) 2017

Posted: Sun Mar 12, 2017 8:46 pm
by Anonymous User
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.

Re: Tax Interview Program (TIP) 2017

Posted: Mon Mar 13, 2017 9:07 am
by Anonymous User
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).

Re: Tax Interview Program (TIP) 2017

Posted: Mon Mar 13, 2017 11:39 am
by Anonymous User
Any news for baker mckenzie?

Re: Tax Interview Program (TIP) 2017

Posted: Mon Mar 13, 2017 12:06 pm
by Interna8yonal
...

Re: Tax Interview Program (TIP) 2017

Posted: Mon Mar 13, 2017 12:35 pm
by Anonymous User
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?

Re: Tax Interview Program (TIP) 2017

Posted: Wed Mar 22, 2017 3:12 pm
by Anonymous User
PwC NY offers?

Re: Tax Interview Program (TIP) 2017

Posted: Wed Mar 22, 2017 7:11 pm
by Anonymous User
Offer from PwC NY.

Re: Tax Interview Program (TIP) 2017

Posted: Thu Mar 23, 2017 12:51 pm
by Anonymous User
Any offer from Deloitte NY? Particularly interested in M&A Tax.

Re: Tax Interview Program (TIP) 2017

Posted: Sat Mar 25, 2017 12:18 pm
by Anonymous User
Big4 M&A pay from TIP this year?

Re: Tax Interview Program (TIP) 2017

Posted: Sat Mar 25, 2017 2:47 pm
by Anonymous User
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

Re: Tax Interview Program (TIP) 2017

Posted: Wed Apr 05, 2017 5:40 pm
by Anonymous User
Anyone else still looking for a job? NYU LLM here.

Re: Tax Interview Program (TIP) 2017

Posted: Wed Sep 13, 2017 3:40 am
by Anonymous User
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?

Re: Tax Interview Program (TIP) 2017

Posted: Thu Sep 14, 2017 4:53 pm
by Anonymous User
Anyone know how much each of the big 4 pay for non-nyc major market LLM positions?