NYC to 200k

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 11:51 am

WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 12:02 pm

Anonymous User wrote:WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.


Confirmed. “All US” (i.e., Denver too).

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 12:05 pm

Anonymous User wrote:
Anonymous User wrote:WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.


Confirmed. “All US” (i.e., Denver too).


Including the Dayton, Ohio office too?

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5ky

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Re: NYC to 200k

Postby 5ky » Mon Jul 02, 2018 12:07 pm

as predicted, a full match by wilmer which now means nobody will care that they waited a whole 4 extra days

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 12:08 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.


Confirmed. “All US” (i.e., Denver too).


Including the Dayton, Ohio office too?


memo is addressed to summer associates, associates, senior associates, and counsel. there are none of those in dayton, only discovery attorneys.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 12:08 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.


Confirmed. “All US” (i.e., Denver too).


Including the Dayton, Ohio office too?


I don't think you understand what the Dayton office is. It doesn't have associates and partners like in the other offices. It's more of a career attorney location with more reasonable hours and the expected lower pay scale. There wasn't anybody making "market" with their "class year" even before the M-STB-CSM shakeup.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 12:11 pm

I think we can all agree now that Boies is the most egregious offender of the remaining firms that have yet to raise salaries.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 12:12 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.


Confirmed. “All US” (i.e., Denver too).


Including the Dayton, Ohio office too?


memo is addressed to summer associates, associates, senior associates, and counsel. there are none of those in dayton, only discovery attorneys.


There is one summer associate there this year.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 12:16 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Including the Dayton, Ohio office too?


memo is addressed to summer associates, associates, senior associates, and counsel. there are none of those in dayton, only discovery attorneys.


There is one summer associate there this year.


Poor kid.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 12:21 pm

Anonymous User wrote:I think we can all agree now that Boies is the most egregious offender of the remaining firms that have yet to raise salaries.


+1

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:03 pm

Can anyone confirm the full WH match? Not seeing it on ATL yet. But the site is so poorly organized that it is possible I'm missing it.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:07 pm

confirm.

ATL just slow still processing the Kennedy retirement.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:11 pm

Can anyone give some insight on when we can expect movement from Boies?

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:14 pm

Anonymous User wrote:Can anyone confirm the full WH match? Not seeing it on ATL yet. But the site is so poorly organized that it is possible I'm missing it.


Can confirm as well.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:21 pm

Anonymous User wrote:Can anyone give some insight on when we can expect movement from Boies?


Unless the man himself is following this thread, I can promise you the answer is no.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:22 pm

Anonymous User wrote:Can anyone give some insight on when we can expect movement from Boies?


Unless the man himself is following this thread, I can promise you the answer is no.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:46 pm

Obviously Boise is the biggest offender, but they will match and exceed the market. I don't think associates there are or should be worried.

Right now the biggest offender is Sheppard Mullin, followed by Katten. They are the highest firms by PPP not to match.

Other than Greenberg TTTraurig, which permanently resigned itself to a firm respectable associates would never go to.
Last edited by Anonymous User on Mon Jul 02, 2018 1:48 pm, edited 1 time in total.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:48 pm

Anonymous User wrote:Obviously Boise is the biggest offender, but they will match and exceed the market. I don't think associates there are or should be worried.

Right now the biggest offender is Sheppard Mullin, followed by Katten. They are the highest firms by PPP not to match.


Bids are due tomorrow. Should I be taking Katten off the list?

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:52 pm

I don't think so. Currently an associate at Katten. Word on the street is we are matching today or tomorrow. Everyone is now confident we will be matching salary shortly, but the jury is out re bonuses.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:54 pm

No movement from Holland & Knight either. Wall of shame worthy IMO

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:56 pm

Anonymous User wrote:
Anonymous User wrote:Obviously Boise is the biggest offender, but they will match and exceed the market. I don't think associates there are or should be worried.

Right now the biggest offender is Sheppard Mullin, followed by Katten. They are the highest firms by PPP not to match.


Bids are due tomorrow. Should I be taking Katten off the list?


How many do you get total? If you have all of their peers on your list and still have room, sure, keep them. But I wouldn't accept an offer there unless they match. The truth is that whether a firm is great or horrible depends a lot on what partners you work with. And so it's rather lucky whether you have a good or bad experience. Two people can have very different experiences in the same firm. Really the only thing you can judge on is prestige + money. Everything else is pretty anecdotal and hard to quantify. I'm an senior associate and have been at three firms and my advice to law students is to go to the highest PPP firm you get an offer at in the city you want to be in that pays top market compensation. (There are special considerations for someone who wants to do a specific practice area).

Vault is overrated. It's an associate survey and that ends up weighting big firms over smaller firms (e.g., Gunderson Dettmer doesn't show up even though its reputation in Silicon Valley is on par with Wilson Sonsini and Cooley, and it's profits are astronomical, while Arnold & Porter and Hogan Lovells are top 25 and barely break $1m in PPP).

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 1:59 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.


Confirmed. “All US” (i.e., Denver too).


Including the Dayton, Ohio office too?


I don't think you understand what the Dayton office is. It doesn't have associates and partners like in the other offices. It's more of a career attorney location with more reasonable hours and the expected lower pay scale. There wasn't anybody making "market" with their "class year" even before the M-STB-CSM shakeup.


Runs to google “Dayton office Wilmerhale”. That sounds like a pretty decent trade off if the pay isn’t abysmal.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 2:00 pm

Anonymous User wrote:Runs to google “Dayton office Wilmerhale”. That sounds like a pretty decent trade off if the pay isn’t abysmal.


My understanding is that it is basically document review.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 2:08 pm

Anonymous User wrote:
Anonymous User wrote:Can anyone give some insight on when we can expect movement from Boies?


Unless the man himself is following this thread, I can promise you the answer is no.


I can confirm that members of the executive committee are working on revising the formula and are aware of the market move. There is no indication of when they will announce a new scale.

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Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 2:24 pm

Anonymous User wrote:No movement from Holland & Knight either. Wall of shame worthy IMO


Holland & Knight has pretty much always been below market right? I know they only went to $160 shortly before the move to $180, and were late following then. I'm also guessing that they have a compressed comp scale, so even though they "matched" $180, they aren't really market after that.



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