NYC to 200k

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.
Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 2:27 pm

Anonymous User wrote:
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).


Thanks for the advice. We get 30 bids. The reason I am bidding it is because I know a partner there. If they match I would want to bid it, if not I would never go there. I guess it isn't much waste for now.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 2:39 pm

Anonymous User wrote:
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.


Are they taking into account OCI bids? Maybe it doesn’t matter for Boies, but still...

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 2:53 pm

Anonymous User wrote:
Anonymous User wrote:
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.


Are they taking into account OCI bids? Maybe it doesn’t matter for Boies, but still...


I doubt it; the firm considers itself desirable enough that time is not of the essence. Are BSF partners being assholes by not offering more concrete instruction to their associates and summers? Duh. But realistically, the people that are looking for/willing to undertake the sort of experience that comes with working at Boies Schiller will not be dissuaded from bidding them (an insignificant commitment) by the delay.

User avatar
NakedPowerOrgan

Bronze
Posts: 118
Joined: Tue Nov 02, 2010 1:24 pm

Re: NYC to 200k

Postby NakedPowerOrgan » Mon Jul 02, 2018 2:56 pm

Not many left on the Wall

NakedPowerOrgan wrote:Confirmation that David Boies spent all the firm's money paying Mossad agents to run covert, international spy operations to suppress women raped by Harvey Weinstein.....(ALLEGEDLY):

NakedPowerOrgan wrote:Wall of Shame for Firms Yet to Announce:

    Kirkland ($4.70MM PPP, 44.7% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Davis Polk ($3.70MM PPP, 50.7% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    Weil ($3.64MM PPP, 63.2% L5Y PPP growth, 3.8 EP:Assoc. leverage)
    Paul Weiss ($4.56MM PPP, 36.2% L5Y PPP growth, 3.6 EP:Assoc. leverage)
    Milbank ($3.46MM PPP, 41.5% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    Simpson ($3.68MM PPP, 38.2% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Fried Frank ($2.94MM PPP, 123.7% L5Y PPP growth, 2.9 EP:Assoc. leverage)
    SullCrom ($4.27MM PPP, 23.8% L5Y PPP growth, 3.1 EP:Assoc. leverage)
    Skadden ($3.47MM PPP, 32.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Willkie ($2.97MM PPP, 43.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)

    Akin Gump ($2.39MM PPP, 54.9% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    Paul Hastings ($2.91MM PPP, 39.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Latham ($3.25MM PPP, 33.0% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Vinson & Elkins ($2.36MM PPP, 60.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)

    1. Boies ($3.27MM PPP, 20.1% L5Y PPP growth, 2.0 EP:Assoc. leverage)

    Shearman ($2.32MM PPP, 52.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    Quinn ($4.74MM PPP, 6.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    King & Spalding ($2.61MM PPP, 31.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)
    Ropes ($2.32MM PPP, 46.1% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Gibson Dunn ($3.24MM PPP, 15.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Goodwin ($2.15MM PPP, 42.0% L5Y PPP growth, 2.3 EP:Assoc. leverage)
    Dechert ($2.68MM PPP, 27.8% L5Y PPP growth, 3.4 EP:Assoc. leverage)

    WilmerHale ($2.12MM PPP, 44.9% L5Y PPP growth, 2.2 EP:Assoc. leverage)
    Cahill ($3.69MM PPP, 3.9% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Schulte ($2.56MM PPP, 21.6% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Debevoise ($2.83MM PPP, 36.2% L5Y PPP growth, 5.3 EP:Assoc. leverage)
    Proskauer ($2.37MM PPP, 27.9% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Winston ($2.16MM PPP, 44.8% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Cooley ($2.08MM PPP, 39.4% L5Y PPP growth, 2.4 EP:Assoc. leverage)
    Cleary ($3.07MM PPP, 17.3% L5Y PPP growth, 3.7 EP:Assoc. leverage)
    Wilson Sonsini ($2.21MM PPP, 34.4% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    White & Case ($2.26MM PPP, 32.9% L5Y PPP growth, 3.8 EP:Assoc. leverage)
    Sidley ($2.26MM PPP, 25.6% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Baker Botts ($1.84MM PPP, 35.1% L5Y PPP growth, 1.9 EP:Assoc. leverage)
    Kramer Levin ($2.15MM PPP, 28.5% L5Y PPP growth, 3.1 EP:Assoc. leverage)

    2. Sheppard ($1.71MM PPP, 35.2% L5Y PPP growth, 2.4 EP:Assoc. leverage)

    Cadwalader ($2.51MM PPP, 5.3% L5Y PPP decline, 4.5 EP:Assoc. leverage)
    Alston & Bird ($1.93MM PPP, 12.3% L5Y PPP growth, 1.2 EP:Assoc. leverage)
    Mayer Brown ($1.58MM PPP, 37.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)

    3. Holland & Knight ($1.36MM PPP, 43.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    4. Fragomen ($1.98MM PPP, 31.4% L5Y PPP growth, 4.2 EP:Assoc. leverage)


    DLA Piper ($1.76MM PPP, 34.1% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    McDermott ($1.71MM PPP, 17.3% L5Y PPP growth, 1.8 EP:Assoc. leverage)

    5. Katten ($1.57MM PPP, 19.8% L5Y PPP growth, 1.7 EP:Assoc. leverage)

    O'Melveny ($2.01MM PPP, 2.5% L5Y PPP decline, 3.3 EP:Assoc. leverage)
    Orrick ($1.86MM PPP, 14.3% L5Y PPP growth, 3.8 EP:Assoc. leverage)

    Covington ($1.54MM PPP, 22.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)

    6. Greenberg ($1.63MM PPP, 20.1% L5Y PPP growth, 2.2 EP:Assoc. leverage)

    MoFo ($1.74MM PPP, 18.1% L5Y PPP growth, 2.7 EP:Assoc. leverage)
    Fenwick ($1.51MM PPP, 31.0% L5Y PPP growth, 2.8 EP:Assoc. leverage)

    7. Fish & Richardson ($1.63MM PPP, 9.8% L5Y PPP growth, 1.5 EP:Assoc. leverage)

    Jenner ($1.42MM PPP, 4.9% L5Y PPP decline, 1.7 EP:Assoc. leverage)
    Baker McKenzie ($1.30MM PPP, 19.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
    Morgan Lewis ($1.37MM PPP, 11.7% L5Y PPP decline, 1.3 EP:Assoc. leverage)


Legend:
New York
California
Washington, D.C.
Chicago
Houston
Boston
Atlanta
Philadelphia
Florida

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 4:55 pm

NakedPowerOrgan wrote:Wall of Shame for Firms Yet to Announce:

    Kirkland ($4.70MM PPP, 44.7% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Davis Polk ($3.70MM PPP, 50.7% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    Weil ($3.64MM PPP, 63.2% L5Y PPP growth, 3.8 EP:Assoc. leverage)
    Paul Weiss ($4.56MM PPP, 36.2% L5Y PPP growth, 3.6 EP:Assoc. leverage)
    Milbank ($3.46MM PPP, 41.5% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    Simpson ($3.68MM PPP, 38.2% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Fried Frank ($2.94MM PPP, 123.7% L5Y PPP growth, 2.9 EP:Assoc. leverage)
    SullCrom ($4.27MM PPP, 23.8% L5Y PPP growth, 3.1 EP:Assoc. leverage)
    Skadden ($3.47MM PPP, 32.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Willkie ($2.97MM PPP, 43.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)

    Akin Gump ($2.39MM PPP, 54.9% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    Paul Hastings ($2.91MM PPP, 39.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Latham ($3.25MM PPP, 33.0% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Vinson & Elkins ($2.36MM PPP, 60.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)

    1. Boies ($3.27MM PPP, 20.1% L5Y PPP growth, 2.0 EP:Assoc. leverage)

    Shearman ($2.32MM PPP, 52.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    Quinn ($4.74MM PPP, 6.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    King & Spalding ($2.61MM PPP, 31.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)
    Ropes ($2.32MM PPP, 46.1% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Gibson Dunn ($3.24MM PPP, 15.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Goodwin ($2.15MM PPP, 42.0% L5Y PPP growth, 2.3 EP:Assoc. leverage)
    Dechert ($2.68MM PPP, 27.8% L5Y PPP growth, 3.4 EP:Assoc. leverage)

    WilmerHale ($2.12MM PPP, 44.9% L5Y PPP growth, 2.2 EP:Assoc. leverage)
    Cahill ($3.69MM PPP, 3.9% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Schulte ($2.56MM PPP, 21.6% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Debevoise ($2.83MM PPP, 36.2% L5Y PPP growth, 5.3 EP:Assoc. leverage)
    Proskauer ($2.37MM PPP, 27.9% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Winston ($2.16MM PPP, 44.8% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Cooley ($2.08MM PPP, 39.4% L5Y PPP growth, 2.4 EP:Assoc. leverage)
    Cleary ($3.07MM PPP, 17.3% L5Y PPP growth, 3.7 EP:Assoc. leverage)
    Wilson Sonsini ($2.21MM PPP, 34.4% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    White & Case ($2.26MM PPP, 32.9% L5Y PPP growth, 3.8 EP:Assoc. leverage)
    Sidley ($2.26MM PPP, 25.6% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Baker Botts ($1.84MM PPP, 35.1% L5Y PPP growth, 1.9 EP:Assoc. leverage)
    Kramer Levin ($2.15MM PPP, 28.5% L5Y PPP growth, 3.1 EP:Assoc. leverage)

    2. Sheppard ($1.71MM PPP, 35.2% L5Y PPP growth, 2.4 EP:Assoc. leverage)

    Cadwalader ($2.51MM PPP, 5.3% L5Y PPP decline, 4.5 EP:Assoc. leverage)
    Alston & Bird ($1.93MM PPP, 12.3% L5Y PPP growth, 1.2 EP:Assoc. leverage)
    Mayer Brown ($1.58MM PPP, 37.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)

    3. Holland & Knight ($1.36MM PPP, 43.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    4. Fragomen ($1.98MM PPP, 31.4% L5Y PPP growth, 4.2 EP:Assoc. leverage)


    DLA Piper ($1.76MM PPP, 34.1% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    McDermott ($1.71MM PPP, 17.3% L5Y PPP growth, 1.8 EP:Assoc. leverage)

    5. Katten ($1.57MM PPP, 19.8% L5Y PPP growth, 1.7 EP:Assoc. leverage)

    O'Melveny ($2.01MM PPP, 2.5% L5Y PPP decline, 3.3 EP:Assoc. leverage)
    Orrick ($1.86MM PPP, 14.3% L5Y PPP growth, 3.8 EP:Assoc. leverage)

    Covington ($1.54MM PPP, 22.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)

    6. Greenberg ($1.63MM PPP, 20.1% L5Y PPP growth, 2.2 EP:Assoc. leverage)

    MoFo ($1.74MM PPP, 18.1% L5Y PPP growth, 2.7 EP:Assoc. leverage)
    Fenwick ($1.51MM PPP, 31.0% L5Y PPP growth, 2.8 EP:Assoc. leverage)

    7. Fish & Richardson ($1.63MM PPP, 9.8% L5Y PPP growth, 1.5 EP:Assoc. leverage)

    Jenner ($1.42MM PPP, 4.9% L5Y PPP decline, 1.7 EP:Assoc. leverage)
    Baker McKenzie ($1.30MM PPP, 19.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
    Morgan Lewis ($1.37MM PPP, 11.7% L5Y PPP decline, 1.3 EP:Assoc. leverage)


Legend:
New York
California
Washington, D.C.
Chicago
Houston
Boston
Atlanta
Philadelphia
Florida
[/quote][/quote]

Any way you could list the next 10 or so firms below your current list (with the same accompanying stats)?

If not, no worries. And thanks for this list. It is interesting to see the firms' financials measured like this side by side--especially the 5 year growth.

OneTwoThreeFour

New
Posts: 97
Joined: Mon Sep 25, 2017 10:15 am

Re: NYC to 200k

Postby OneTwoThreeFour » Mon Jul 02, 2018 5:12 pm

Anonymous User wrote:I have some weekend work here at WH and broached the subject of raises with a partner during a pretty casual catch-up call he and I were having. He was super defensive and said that DC and Boston have no reason to follow NYC firms on raises or bonuses. I left it at that, but jeez, I hope that’s not indicative of broader partner sentiment.


hahaha FUCK that dude

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 8:32 pm

Anonymous User wrote:
NakedPowerOrgan wrote:Wall of Shame for Firms Yet to Announce:

    Kirkland ($4.70MM PPP, 44.7% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Davis Polk ($3.70MM PPP, 50.7% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    Weil ($3.64MM PPP, 63.2% L5Y PPP growth, 3.8 EP:Assoc. leverage)
    Paul Weiss ($4.56MM PPP, 36.2% L5Y PPP growth, 3.6 EP:Assoc. leverage)
    Milbank ($3.46MM PPP, 41.5% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    Simpson ($3.68MM PPP, 38.2% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Fried Frank ($2.94MM PPP, 123.7% L5Y PPP growth, 2.9 EP:Assoc. leverage)
    SullCrom ($4.27MM PPP, 23.8% L5Y PPP growth, 3.1 EP:Assoc. leverage)
    Skadden ($3.47MM PPP, 32.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Willkie ($2.97MM PPP, 43.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)

    Akin Gump ($2.39MM PPP, 54.9% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    Paul Hastings ($2.91MM PPP, 39.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Latham ($3.25MM PPP, 33.0% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Vinson & Elkins ($2.36MM PPP, 60.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)

    1. Boies ($3.27MM PPP, 20.1% L5Y PPP growth, 2.0 EP:Assoc. leverage)

    Shearman ($2.32MM PPP, 52.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    Quinn ($4.74MM PPP, 6.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    King & Spalding ($2.61MM PPP, 31.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)
    Ropes ($2.32MM PPP, 46.1% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Gibson Dunn ($3.24MM PPP, 15.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Goodwin ($2.15MM PPP, 42.0% L5Y PPP growth, 2.3 EP:Assoc. leverage)
    Dechert ($2.68MM PPP, 27.8% L5Y PPP growth, 3.4 EP:Assoc. leverage)

    WilmerHale ($2.12MM PPP, 44.9% L5Y PPP growth, 2.2 EP:Assoc. leverage)
    Cahill ($3.69MM PPP, 3.9% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Schulte ($2.56MM PPP, 21.6% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Debevoise ($2.83MM PPP, 36.2% L5Y PPP growth, 5.3 EP:Assoc. leverage)
    Proskauer ($2.37MM PPP, 27.9% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Winston ($2.16MM PPP, 44.8% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Cooley ($2.08MM PPP, 39.4% L5Y PPP growth, 2.4 EP:Assoc. leverage)
    Cleary ($3.07MM PPP, 17.3% L5Y PPP growth, 3.7 EP:Assoc. leverage)
    Wilson Sonsini ($2.21MM PPP, 34.4% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    White & Case ($2.26MM PPP, 32.9% L5Y PPP growth, 3.8 EP:Assoc. leverage)
    Sidley ($2.26MM PPP, 25.6% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Baker Botts ($1.84MM PPP, 35.1% L5Y PPP growth, 1.9 EP:Assoc. leverage)
    Kramer Levin ($2.15MM PPP, 28.5% L5Y PPP growth, 3.1 EP:Assoc. leverage)

    2. Sheppard ($1.71MM PPP, 35.2% L5Y PPP growth, 2.4 EP:Assoc. leverage)

    Cadwalader ($2.51MM PPP, 5.3% L5Y PPP decline, 4.5 EP:Assoc. leverage)
    Alston & Bird ($1.93MM PPP, 12.3% L5Y PPP growth, 1.2 EP:Assoc. leverage)
    Mayer Brown ($1.58MM PPP, 37.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)

    3. Holland & Knight ($1.36MM PPP, 43.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    4. Fragomen ($1.98MM PPP, 31.4% L5Y PPP growth, 4.2 EP:Assoc. leverage)


    DLA Piper ($1.76MM PPP, 34.1% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    McDermott ($1.71MM PPP, 17.3% L5Y PPP growth, 1.8 EP:Assoc. leverage)

    5. Katten ($1.57MM PPP, 19.8% L5Y PPP growth, 1.7 EP:Assoc. leverage)

    O'Melveny ($2.01MM PPP, 2.5% L5Y PPP decline, 3.3 EP:Assoc. leverage)
    Orrick ($1.86MM PPP, 14.3% L5Y PPP growth, 3.8 EP:Assoc. leverage)

    Covington ($1.54MM PPP, 22.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)

    6. Greenberg ($1.63MM PPP, 20.1% L5Y PPP growth, 2.2 EP:Assoc. leverage)

    MoFo ($1.74MM PPP, 18.1% L5Y PPP growth, 2.7 EP:Assoc. leverage)
    Fenwick ($1.51MM PPP, 31.0% L5Y PPP growth, 2.8 EP:Assoc. leverage)

    7. Fish & Richardson ($1.63MM PPP, 9.8% L5Y PPP growth, 1.5 EP:Assoc. leverage)

    Jenner ($1.42MM PPP, 4.9% L5Y PPP decline, 1.7 EP:Assoc. leverage)
    Baker McKenzie ($1.30MM PPP, 19.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
    Morgan Lewis ($1.37MM PPP, 11.7% L5Y PPP decline, 1.3 EP:Assoc. leverage)


Legend:
New York
California
Washington, D.C.
Chicago
Houston
Boston
Atlanta
Philadelphia
Florida

Any way you could list the next 10 or so firms below your current list (with the same accompanying stats)?

If not, no worries. And thanks for this list. It is interesting to see the firms' financials measured like this side by side--especially the 5 year growth.

Would love to see this as well and reiterate the appreciation for your list.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Mon Jul 02, 2018 11:35 pm

Anonymous User wrote:
Anonymous User wrote:
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.


Are they taking into account OCI bids? Maybe it doesn’t matter for Boies, but still...


You know how Wachtell hasn't announced anything but no one on here is complaining?

You might think the comparison is wrong, but there are definitely partners at BSF who see the firm as "the Wachtell of litigation" and therefore above such pedestrian concerns.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 12:41 am

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
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.


Are they taking into account OCI bids? Maybe it doesn’t matter for Boies, but still...


You know how Wachtell hasn't announced anything but no one on here is complaining?

You might think the comparison is wrong, but there are definitely partners at BSF who see the firm as "the Wachtell of litigation" and therefore above such pedestrian concerns.


They know very well the Wachtell of litigation is Munger. And they raised. So BSF can get a grip and get it together! People act like someone at BSF couldn't tweak the compensation formula in a day's work.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 3:22 am

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
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.


Are they taking into account OCI bids? Maybe it doesn’t matter for Boies, but still...


You know how Wachtell hasn't announced anything but no one on here is complaining?

You might think the comparison is wrong, but there are definitely partners at BSF who see the firm as "the Wachtell of litigation" and therefore above such pedestrian concerns.


They know very well the Wachtell of litigation is Munger. And they raised. So BSF can get a grip and get it together! People act like someone at BSF couldn't tweak the compensation formula in a day's work.


I think the other poster meant in comp, not in general caliber. Boies has indisputably been above market until last year (and remains so for most people) whereas Munger is a market paying firm, albeit a super prestigious one.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 7:36 am

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
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.


Are they taking into account OCI bids? Maybe it doesn’t matter for Boies, but still...


You know how Wachtell hasn't announced anything but no one on here is complaining?

You might think the comparison is wrong, but there are definitely partners at BSF who see the firm as "the Wachtell of litigation" and therefore above such pedestrian concerns.


Hopefully David is suffering from his shares of Theranos going to zero and can't afford raises. The role he and Heather King and Meredith Dearborn and the rest of their crew played in intimidating employees and otherwise trying to suppress the disclosure of information they knew or should have known to be true is inexcusable. Not to mention Harvey Weinstein. His skill is obviously unmatched, but I have no respect for him or the firm.

(BTW, I know this isn't the case - they have plenty of money regardless of losing a few million)

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 7:56 am

Still nothing from Arnold & Porter?

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 10:31 am

Anonymous User wrote:
You know how Wachtell hasn't announced anything but no one on here is complaining?

You might think the comparison is wrong, but there are definitely partners at BSF who see the firm as "the Wachtell of litigation" and therefore above such pedestrian concerns.


Nobody is complaining because Wachtell is still well above the new market in total comp. Not sure that's the case for Boies. (Probably also because everyone who works there is too busy to spend time on TLS complaining.)

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 12:41 pm

Sheppard just matched the raises, but didn't do bonus. I'll live with it.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

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

Anonymous User wrote:Sheppard just matched the raises, but didn't do bonus. I'll live with it.


Confirmed. Email sent out this morning.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 1:08 pm

Anonymous User wrote:Still nothing from Arnold & Porter?


Unhappy A&P associate here. Radio silence

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 1:42 pm

Anonymous User wrote:Sheppard just matched the raises, but didn't do bonus. I'll live with it.


They really should have matched bonuses. Sheppard (a) has a PPP of $1.7M -- similar to that of other California firms like OMM ($2.0M), Orrick ($1.9M), MoFo ($1.7M), and Fenwick ($1.5M); (b) is less levered than all those firms so bonuses should have made less of an impact on partners' wallets; and (c) has been seeing stronger growth than all of those firms. Yet all of those firms matched bonuses.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 1:45 pm

Anonymous User wrote:
Anonymous User wrote:Sheppard just matched the raises, but didn't do bonus. I'll live with it.


They really should have matched bonuses. Sheppard (a) has a PPP of $1.7M -- similar to that of other California firms like OMM ($2.0M), Orrick ($1.9M), MoFo ($1.7M), and Fenwick ($1.5M); (b) is less levered than all those firms so bonuses should have made less of an impact on partners' wallets; and (c) has been seeing stronger growth than all of those firms. Yet all of those firms matched bonuses.


Anon that posted the raise news originally. No question they should have.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 1:57 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:Sheppard just matched the raises, but didn't do bonus. I'll live with it.


They really should have matched bonuses. Sheppard (a) has a PPP of $1.7M -- similar to that of other California firms like OMM ($2.0M), Orrick ($1.9M), MoFo ($1.7M), and Fenwick ($1.5M); (b) is less levered than all those firms so bonuses should have made less of an impact on partners' wallets; and (c) has been seeing stronger growth than all of those firms. Yet all of those firms matched bonuses.


Anon that posted the raise news originally. No question they should have.

ATL is reporting that many tipsters seem pretty happy with the move, notwithstanding the lack of bonus. You don't seem too mad either. Why? Is your quality of life compared to your friends pretty good?

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 1:59 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:Sheppard just matched the raises, but didn't do bonus. I'll live with it.


They really should have matched bonuses. Sheppard (a) has a PPP of $1.7M -- similar to that of other California firms like OMM ($2.0M), Orrick ($1.9M), MoFo ($1.7M), and Fenwick ($1.5M); (b) is less levered than all those firms so bonuses should have made less of an impact on partners' wallets; and (c) has been seeing stronger growth than all of those firms. Yet all of those firms matched bonuses.


Anon that posted the raise news originally. No question they should have.

ATL is reporting that many tipsters seem pretty happy with the move, notwithstanding the lack of bonus. You don't seem too mad either. Why? Is your quality of life compared to your friends pretty good?


I'm the anon that confirmed that anon. If you know how the firm runs, you'll know that it's run very conservatively with regard to finances (which has its own benefits in the long run). For that reason, I'm appreciative that any raise was given at all.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 2:19 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:Sheppard just matched the raises, but didn't do bonus. I'll live with it.


They really should have matched bonuses. Sheppard (a) has a PPP of $1.7M -- similar to that of other California firms like OMM ($2.0M), Orrick ($1.9M), MoFo ($1.7M), and Fenwick ($1.5M); (b) is less levered than all those firms so bonuses should have made less of an impact on partners' wallets; and (c) has been seeing stronger growth than all of those firms. Yet all of those firms matched bonuses.


Anon that posted the raise news originally. No question they should have.

ATL is reporting that many tipsters seem pretty happy with the move, notwithstanding the lack of bonus. You don't seem too mad either. Why? Is your quality of life compared to your friends pretty good?


I'll be right at 2000 hours this year, so I'm not dying but not exactly light either. I don't know, I'm disappointed but not furious. We don't have an up an out model, I'm in a nice location, I like the partners. I think we still are a notch down from Wilson, Cooley, and MoFo, so whatever. We get paid the same salary and get a less in bonus. I'll survive.

User avatar
NakedPowerOrgan

Bronze
Posts: 118
Joined: Tue Nov 02, 2010 1:24 pm

Re: NYC to 200k

Postby NakedPowerOrgan » Tue Jul 03, 2018 6:05 pm

Updated for AmLaw200 firms with PPP over $1 million.

NakedPowerOrgan wrote:Confirmation that David Boies spent all the firm's money paying Mossad agents to run covert, international spy operations to suppress women raped by Harvey Weinstein.....(ALLEGEDLY):

NakedPowerOrgan wrote:Wall of Shame for Firms Yet to Announce:

    Kirkland ($4.70MM PPP, 44.7% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Davis Polk ($3.70MM PPP, 50.7% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    Weil ($3.64MM PPP, 63.2% L5Y PPP growth, 3.8 EP:Assoc. leverage)

    Irell ($3.08MM PPP, 98.0% L5Y PPP growth, 1.1 EP:Assoc. leverage)
    - NO BONUS MATCH
    Paul Weiss ($4.56MM PPP, 36.2% L5Y PPP growth, 3.6 EP:Assoc. leverage)
    Fried Frank ($2.94MM PPP, 123.7% L5Y PPP growth, 2.9 EP:Assoc. leverage)
    Milbank ($3.46MM PPP, 41.5% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    Simpson ($3.68MM PPP, 38.2% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Skadden ($3.47MM PPP, 32.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Willkie ($2.97MM PPP, 43.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    SullCrom ($4.27MM PPP, 23.8% L5Y PPP growth, 3.1 EP:Assoc. leverage)

    Paul Hastings ($2.91MM PPP, 39.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Akin Gump ($2.39MM PPP, 54.9% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    Choate Hall ($2.31MM PPP, 56.1% L5Y PPP growth, 1.2 EP:Assoc. leverage)
    Vinson & Elkins ($2.36MM PPP, 60.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Latham ($3.25MM PPP, 33.0% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Shearman ($2.32MM PPP, 52.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)

    1. Boies ($3.27MM PPP, 20.1% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    2. BuckleySandler ($2.48MM PPP, 37.6% L5Y PPP growth, 2.2 EP:Assoc. leverage)


    King & Spalding ($2.61MM PPP, 31.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Quinn ($4.74MM PPP, 6.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Ropes ($2.32MM PPP, 46.1% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)

    3. Kobre & Kim ($2.49MM PPP, 29.0% L1Y PPP growth, 2.4 EP:Assoc. leverage

    Goodwin ($2.15MM PPP, 42.0% L5Y PPP growth, 2.3 EP:Assoc. leverage)
    WilmerHale ($2.12MM PPP, 44.9% L5Y PPP growth, 2.2 EP:Assoc. leverage)

    Gibson Dunn ($3.24MM PPP, 15.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Schulte ($2.56MM PPP, 21.6% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Dechert ($2.68MM PPP, 27.8% L5Y PPP growth, 3.4 EP:Assoc. leverage)
    Winston ($2.16MM PPP, 44.8% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Proskauer ($2.37MM PPP, 27.9% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Debevoise ($2.83MM PPP, 36.2% L5Y PPP growth, 5.3 EP:Assoc. leverage)
    Cahill ($3.69MM PPP, 3.9% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Cooley ($2.08MM PPP, 39.4% L5Y PPP growth, 2.4 EP:Assoc. leverage) - NO BONUS MATCH
    Wilson Sonsini ($2.21MM PPP, 34.4% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    Cleary ($3.07MM PPP, 17.3% L5Y PPP growth, 3.7 EP:Assoc. leverage)
    White & Case ($2.26MM PPP, 32.9% L5Y PPP growth, 3.8 EP:Assoc. leverage)
    Sidley ($2.26MM PPP, 25.6% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Baker Botts ($1.84MM PPP, 35.1% L5Y PPP growth, 1.9 EP:Assoc. leverage)
    Kramer Levin ($2.15MM PPP, 28.5% L5Y PPP growth, 3.1 EP:Assoc. leverage)
    Sheppard ($1.71MM PPP, 35.2% L5Y PPP growth, 2.4 EP:Assoc. leverage) - NO BONUS MATCH
    Alston & Bird ($1.93MM PPP, 12.3% L5Y PPP growth, 1.2 EP:Assoc. leverage) - NO BONUS MATCH
    Lowenstein Sandler ($1.75MM PPP, 21.2% L5Y PPP growth, 1.9 EP:Assoc. leverage) - NO BONUS MATCH
    Mayer Brown ($1.58MM PPP, 37.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)

    4. Holland & Knight ($1.36MM PPP, 43.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)

    DLA Piper ($1.76MM PPP, 34.1% L5Y PPP growth, 3.5 EP:Assoc. leverage) - NO BONUS MATCH
    Hogan Lovells ($1.28MM PPP, 17.2% L5Y PPP growth, 1.8 EP:Assoc. leverage)

    5. Fragomen ($1.98MM PPP, 31.4% L5Y PPP growth, 4.2 EP:Assoc. leverage)

    Stroock ($1.60MM PPP, 32.2% L5Y PPP growth, 2.5 EP:Assoc. leverage) - NO BONUS MATCH
    McDermott ($1.71MM PPP, 17.3% L5Y PPP growth, 1.8 EP:Assoc. leverage)

    6. Nelson Mullins ($1.09MM PPP, 60.9% L5Y PPP growth, 1.0 EP:Assoc. leverage)

    Cadwalader ($2.51MM PPP, 5.3% L5Y PPP decline, 4.5 EP:Assoc. leverage)

    7. Jeffer Mangels ($1.67MM PPP, 7.5% L5Y PPP growth, .9 EP:Assoc. leverage)
    8. Robins Kaplan ($1.15MM PPP, 42.4% L5Y PPP growth, 1.4 EP:Assoc. leverage)


    Katten ($1.57MM PPP, 19.8% L5Y PPP growth, 1.7 EP:Assoc. leverage) - NO BONUS MATCH
    Covington ($1.54MM PPP, 22.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    MoFo ($1.74MM PPP, 18.1% L5Y PPP growth, 2.7 EP:Assoc. leverage)

    9. Greenberg ($1.63MM PPP, 20.1% L5Y PPP growth, 2.2 EP:Assoc. leverage)
    10. Troutman Sanders ($1.06MM PPP, 51.1% L5Y PPP growth, 1.4 EP:Assoc. leverage)
    11. Kasowitz ($1.92MM PPP, 13.1% L5Y PPP growth, 3.1 EP:Assoc. leverage)


    Fenwick ($1.51MM PPP, 31.0% L5Y PPP growth, 2.8 EP:Assoc. leverage)

    12. Fish & Richardson ($1.63MM PPP, 9.8% L5Y PPP growth, 1.5 EP:Assoc. leverage)
    13. Nixon Peabody ($1.11MM PPP, 43.4% L5Y PPP growth, 1.7 EP:Assoc. leverage)

    14. Venable ($1.13MM PPP, 34.2% L5Y PPP growth, 1.6 EP:Assoc. leverage)

    O'Melveny ($2.01MM PPP, 2.5% L5Y PPP decline, 3.3 EP:Assoc. leverage)
    Munger ($1.63MM PPP, 4.2% L5Y PPP growth, 1.3 EP:Assoc. leverage)
    Orrick ($1.86MM PPP, 14.3% L5Y PPP growth, 3.8 EP:Assoc. leverage)


    15. Winstead ($1.12MM PPP, 33.0% L5Y PPP growth, 1.1 EP:Assoc. leverage)
    16. Loeb & Loeb ($1.68MM PPP, 11.9% L5Y PPP growth, 2.6 EP:Assoc. leverage)


    Patterson Belknap ($1.66MM PPP, 9.1% L5Y PPP growth, 2.3 EP:Assoc. leverage) - NO BONUS MATCH

    17. Mintz Levin ($1.29MM PPP, 32.0% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    18. Morris Manning ($1.17MM PPP, 31.7% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    19. Pillsbury ($1.28MM PPP, 15.9% L5Y PPP growth, 1.5 EP:Assoc. leverage)
    20. Honigman Miller ($1.01MM PPP, 29.9% L5Y PPP growth, 0.8 EP:Assoc. leverage)
    21. Arent Fox ($1.07MM PPP, 25.5% L5Y PPP growth, 1.1 EP:Assoc. leverage)
    22. Manatt Phelps ($1.32MM PPP, 5.6% L5Y PPP growth, 1.5 EP:Assoc. leverage)
    23. Finnegan ($1.28MM PPP, 9.9% L5Y PPP growth, 1.5 EP:Assoc. leverage)
    24. Crowell & Moring ($1.12MM PPP, 20.8% L5Y PPP growth, 1.4 EP:Assoc. leverage)


    Jenner ($1.42MM PPP, 4.9% L5Y PPP decline, 1.7 EP:Assoc. leverage) - NO BONUS MATCH
    Baker McKenzie ($1.30MM PPP, 19.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
    Morgan Lewis ($1.37MM PPP, 11.7% L5Y PPP decline, 1.3 EP:Assoc. leverage)


    25. Foley & Lardner ($1.17MM PPP, 22.2% L5Y PPP growth, 2.2 EP:Assoc. leverage)
    27. Foley Hoag ($1.20MM PPP, 16.5% L5Y PPP growth, 2.2 EP:Assoc. leverage)


    Perkins Coie ($1.17MM PPP, 15.6% L5Y PPP growth, 1.8 EP:Assoc. leverage) - NO BONUS MATCH

    26. Bracewell ($1.31MM PPP, 10.0% L5Y PPP decline, 1.9 EP:Assoc. leverage)

    Brown Rudnick ($1.26MM PPP, 7.4% L5Y PPP growth, 1.8 EP:Assoc. leverage) - NO BONUS MATCH

    27. Chapman & Cutler ($1.11MM PPP, 4.8% L5Y PPP growth, 0.7 EP:Assoc. leverage)
    28. Hunton Andrews Kurth (approx. $1.13MM PPP, 1.3 EP:Assoc. leverage)
    29. Wiley Rein ($1.16MM PPP, 2.8% L5Y PPP decline, 0.8 EP:Assoc. leverage)
    30. Reed Smith ($1.18MM PPP, 9.1% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    31. Arnold & Porter ($1.19MM PPP, 16.4% L5Y PPP decline, 1.3 EP:Assoc. leverage)


    Jones Day ($1.01MM PPP, 10.3% L5Y PPP growth, 1.3 EP:Assoc. leverage) - NO BONUS MATCH

    32. Hughes Hubbard ($1.12MM PPP, 35.1% L5Y PPP decline, 3.3 EP:Assoc. leverage)
    33. Kilpatrick Townsend ($1.01MM PPP, 17.6% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    34. McGuireWoods ($1.02MM PPP, 7.9% L5Y PPP growth, 1.8 EP:Assoc. leverage)
    35. Curtis Mallet ($1.08MM PPP, 31.4% L5Y PPP decline, 3.5 EP:Assoc. leverage)
    36. Baker & Hostetler ($1.00MM PPP, 7.5% L5Y PPP growth, 2.3 EP:Assoc. leverage)


Legend:
New York
California
Washington, D.C.
Chicago
Texas
Boston
Atlanta
Philadelphia
Florida
Other
Last edited by NakedPowerOrgan on Tue Jul 03, 2018 6:26 pm, edited 1 time in total.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 6:17 pm

I'm at Katten. We did a TTT raise today:

The Firm’s Executive Committee has decided to raise salaries for our US associates effective July 1, 2018. In all offices other than Charlotte, the scale will be as follows:

Class Salary
2017 $190,000
2016 $200,000
2015 $220,000
2014 $255,000
2013 $280,000
2012 $305,000
2011+ $325,000

Charlotte associates will receive corresponding increases. To receive the new base salaries, associates must be providing client service up to our standards of quality and efficiency and be on an annualized pace to meet our minimum hours requirements. For those associates who are not currently on pace to meet the hours requirements, but complete the year on or over pace, we will pay a bonus to ensure that all associates on or over pace by the end of the year have the benefit of the higher salary.

Consistent with our previous approach at year-end, the Firm intends to continue to reward our highest performing associates who deliver greater value to our clients and drive client relationships through the quality and efficiency of their work with total compensation equal to, and in many cases in excess of, the total compensation offered by other law firms (taking into account bonuses paid by some of our competitors during the course of the year).

Our Firm has grown and found great success by aligning the interests of our clients with those of our legal talent – attracting, retaining and supporting high quality, productive lawyers who provide the best client service and efficiently deliver solutions to clients’ business problems. We believe our approach outlined above will further assure that alignment.

We thank you for your hard work and dedication to our clients and the Firm.

User avatar
NakedPowerOrgan

Bronze
Posts: 118
Joined: Tue Nov 02, 2010 1:24 pm

Re: NYC to 200k

Postby NakedPowerOrgan » Tue Jul 03, 2018 6:57 pm

Some fun facts, maybe useful to law students during OCI:

$1.4 million PPP seems to be around the sweet spot for where it becomes likely that you'll at least see a raise when the market moves. 90 percent of firms in the AmLaw 200 with over $1.36 million PPP have matched salary raises. 85 percent of AmLaw 200 firms at or below that mark have not announced salary matches or have announced they will not match. Zero firms below $1.28 million PPP have announced salary raises and bonuses.

Nearly all firms (approx. 90 percent) above $2.0 million PPP have announced matches to both bonuses and raises. Boies not announcing yet and Cooley denying summer bonuses are the two most prominent exceptions in that group.

Roughly $1.4 million to $2 million PPP seems to be where it gets interesting. Around 75 percent of firms in that range have matched salaries but around half of those firms have refused to supplement those raises with bonuses.

Anonymous User
Posts: 326423
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC to 200k

Postby Anonymous User » Tue Jul 03, 2018 9:03 pm

NakedPowerOrgan wrote:Updated for AmLaw200 firms with PPP over $1 million.

NakedPowerOrgan wrote:Confirmation that David Boies spent all the firm's money paying Mossad agents to run covert, international spy operations to suppress women raped by Harvey Weinstein.....(ALLEGEDLY):

NakedPowerOrgan wrote:Wall of Shame for Firms Yet to Announce:

    Kirkland ($4.70MM PPP, 44.7% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Davis Polk ($3.70MM PPP, 50.7% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    Weil ($3.64MM PPP, 63.2% L5Y PPP growth, 3.8 EP:Assoc. leverage)

    Irell ($3.08MM PPP, 98.0% L5Y PPP growth, 1.1 EP:Assoc. leverage)
    - NO BONUS MATCH
    Paul Weiss ($4.56MM PPP, 36.2% L5Y PPP growth, 3.6 EP:Assoc. leverage)
    Fried Frank ($2.94MM PPP, 123.7% L5Y PPP growth, 2.9 EP:Assoc. leverage)
    Milbank ($3.46MM PPP, 41.5% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    Simpson ($3.68MM PPP, 38.2% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Skadden ($3.47MM PPP, 32.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Willkie ($2.97MM PPP, 43.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    SullCrom ($4.27MM PPP, 23.8% L5Y PPP growth, 3.1 EP:Assoc. leverage)

    Paul Hastings ($2.91MM PPP, 39.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Akin Gump ($2.39MM PPP, 54.9% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    Choate Hall ($2.31MM PPP, 56.1% L5Y PPP growth, 1.2 EP:Assoc. leverage)
    Vinson & Elkins ($2.36MM PPP, 60.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Latham ($3.25MM PPP, 33.0% L5Y PPP growth, 3.0 EP:Assoc. leverage)
    Shearman ($2.32MM PPP, 52.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)

    1. Boies ($3.27MM PPP, 20.1% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    2. BuckleySandler ($2.48MM PPP, 37.6% L5Y PPP growth, 2.2 EP:Assoc. leverage)


    King & Spalding ($2.61MM PPP, 31.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Quinn ($4.74MM PPP, 6.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Ropes ($2.32MM PPP, 46.1% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)

    3. Kobre & Kim ($2.49MM PPP, 29.0% L1Y PPP growth, 2.4 EP:Assoc. leverage

    Goodwin ($2.15MM PPP, 42.0% L5Y PPP growth, 2.3 EP:Assoc. leverage)
    WilmerHale ($2.12MM PPP, 44.9% L5Y PPP growth, 2.2 EP:Assoc. leverage)

    Gibson Dunn ($3.24MM PPP, 15.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Schulte ($2.56MM PPP, 21.6% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    Dechert ($2.68MM PPP, 27.8% L5Y PPP growth, 3.4 EP:Assoc. leverage)
    Winston ($2.16MM PPP, 44.8% L5Y PPP growth, 3.2 EP:Assoc. leverage)
    Proskauer ($2.37MM PPP, 27.9% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    Debevoise ($2.83MM PPP, 36.2% L5Y PPP growth, 5.3 EP:Assoc. leverage)
    Cahill ($3.69MM PPP, 3.9% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Cooley ($2.08MM PPP, 39.4% L5Y PPP growth, 2.4 EP:Assoc. leverage) - NO BONUS MATCH
    Wilson Sonsini ($2.21MM PPP, 34.4% L5Y PPP growth, 3.5 EP:Assoc. leverage)
    Cleary ($3.07MM PPP, 17.3% L5Y PPP growth, 3.7 EP:Assoc. leverage)
    White & Case ($2.26MM PPP, 32.9% L5Y PPP growth, 3.8 EP:Assoc. leverage)
    Sidley ($2.26MM PPP, 25.6% L5Y PPP growth, 2.8 EP:Assoc. leverage)
    Baker Botts ($1.84MM PPP, 35.1% L5Y PPP growth, 1.9 EP:Assoc. leverage)
    Kramer Levin ($2.15MM PPP, 28.5% L5Y PPP growth, 3.1 EP:Assoc. leverage)
    Sheppard ($1.71MM PPP, 35.2% L5Y PPP growth, 2.4 EP:Assoc. leverage) - NO BONUS MATCH
    Alston & Bird ($1.93MM PPP, 12.3% L5Y PPP growth, 1.2 EP:Assoc. leverage) - NO BONUS MATCH
    Lowenstein Sandler ($1.75MM PPP, 21.2% L5Y PPP growth, 1.9 EP:Assoc. leverage) - NO BONUS MATCH
    Mayer Brown ($1.58MM PPP, 37.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)

    4. Holland & Knight ($1.36MM PPP, 43.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)

    DLA Piper ($1.76MM PPP, 34.1% L5Y PPP growth, 3.5 EP:Assoc. leverage) - NO BONUS MATCH
    Hogan Lovells ($1.28MM PPP, 17.2% L5Y PPP growth, 1.8 EP:Assoc. leverage)

    5. Fragomen ($1.98MM PPP, 31.4% L5Y PPP growth, 4.2 EP:Assoc. leverage)

    Stroock ($1.60MM PPP, 32.2% L5Y PPP growth, 2.5 EP:Assoc. leverage) - NO BONUS MATCH
    McDermott ($1.71MM PPP, 17.3% L5Y PPP growth, 1.8 EP:Assoc. leverage)

    6. Nelson Mullins ($1.09MM PPP, 60.9% L5Y PPP growth, 1.0 EP:Assoc. leverage)

    Cadwalader ($2.51MM PPP, 5.3% L5Y PPP decline, 4.5 EP:Assoc. leverage)

    7. Jeffer Mangels ($1.67MM PPP, 7.5% L5Y PPP growth, .9 EP:Assoc. leverage)
    8. Robins Kaplan ($1.15MM PPP, 42.4% L5Y PPP growth, 1.4 EP:Assoc. leverage)


    Katten ($1.57MM PPP, 19.8% L5Y PPP growth, 1.7 EP:Assoc. leverage) - NO BONUS MATCH
    Covington ($1.54MM PPP, 22.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    MoFo ($1.74MM PPP, 18.1% L5Y PPP growth, 2.7 EP:Assoc. leverage)

    9. Greenberg ($1.63MM PPP, 20.1% L5Y PPP growth, 2.2 EP:Assoc. leverage)
    10. Troutman Sanders ($1.06MM PPP, 51.1% L5Y PPP growth, 1.4 EP:Assoc. leverage)
    11. Kasowitz ($1.92MM PPP, 13.1% L5Y PPP growth, 3.1 EP:Assoc. leverage)


    Fenwick ($1.51MM PPP, 31.0% L5Y PPP growth, 2.8 EP:Assoc. leverage)

    12. Fish & Richardson ($1.63MM PPP, 9.8% L5Y PPP growth, 1.5 EP:Assoc. leverage)
    13. Nixon Peabody ($1.11MM PPP, 43.4% L5Y PPP growth, 1.7 EP:Assoc. leverage)

    14. Venable ($1.13MM PPP, 34.2% L5Y PPP growth, 1.6 EP:Assoc. leverage)

    O'Melveny ($2.01MM PPP, 2.5% L5Y PPP decline, 3.3 EP:Assoc. leverage)
    Munger ($1.63MM PPP, 4.2% L5Y PPP growth, 1.3 EP:Assoc. leverage)
    Orrick ($1.86MM PPP, 14.3% L5Y PPP growth, 3.8 EP:Assoc. leverage)


    15. Winstead ($1.12MM PPP, 33.0% L5Y PPP growth, 1.1 EP:Assoc. leverage)
    16. Loeb & Loeb ($1.68MM PPP, 11.9% L5Y PPP growth, 2.6 EP:Assoc. leverage)


    Patterson Belknap ($1.66MM PPP, 9.1% L5Y PPP growth, 2.3 EP:Assoc. leverage) - NO BONUS MATCH

    17. Mintz Levin ($1.29MM PPP, 32.0% L5Y PPP growth, 2.6 EP:Assoc. leverage)
    18. Morris Manning ($1.17MM PPP, 31.7% L5Y PPP growth, 2.1 EP:Assoc. leverage)
    19. Pillsbury ($1.28MM PPP, 15.9% L5Y PPP growth, 1.5 EP:Assoc. leverage)
    20. Honigman Miller ($1.01MM PPP, 29.9% L5Y PPP growth, 0.8 EP:Assoc. leverage)
    21. Arent Fox ($1.07MM PPP, 25.5% L5Y PPP growth, 1.1 EP:Assoc. leverage)
    22. Manatt Phelps ($1.32MM PPP, 5.6% L5Y PPP growth, 1.5 EP:Assoc. leverage)
    23. Finnegan ($1.28MM PPP, 9.9% L5Y PPP growth, 1.5 EP:Assoc. leverage)
    24. Crowell & Moring ($1.12MM PPP, 20.8% L5Y PPP growth, 1.4 EP:Assoc. leverage)


    Jenner ($1.42MM PPP, 4.9% L5Y PPP decline, 1.7 EP:Assoc. leverage) - NO BONUS MATCH
    Baker McKenzie ($1.30MM PPP, 19.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
    Morgan Lewis ($1.37MM PPP, 11.7% L5Y PPP decline, 1.3 EP:Assoc. leverage)


    25. Foley & Lardner ($1.17MM PPP, 22.2% L5Y PPP growth, 2.2 EP:Assoc. leverage)
    27. Foley Hoag ($1.20MM PPP, 16.5% L5Y PPP growth, 2.2 EP:Assoc. leverage)


    Perkins Coie ($1.17MM PPP, 15.6% L5Y PPP growth, 1.8 EP:Assoc. leverage) - NO BONUS MATCH

    26. Bracewell ($1.31MM PPP, 10.0% L5Y PPP decline, 1.9 EP:Assoc. leverage)

    Brown Rudnick ($1.26MM PPP, 7.4% L5Y PPP growth, 1.8 EP:Assoc. leverage) - NO BONUS MATCH

    27. Chapman & Cutler ($1.11MM PPP, 4.8% L5Y PPP growth, 0.7 EP:Assoc. leverage)
    28. Hunton Andrews Kurth (approx. $1.13MM PPP, 1.3 EP:Assoc. leverage)
    29. Wiley Rein ($1.16MM PPP, 2.8% L5Y PPP decline, 0.8 EP:Assoc. leverage)
    30. Reed Smith ($1.18MM PPP, 9.1% L5Y PPP growth, 2.5 EP:Assoc. leverage)
    31. Arnold & Porter ($1.19MM PPP, 16.4% L5Y PPP decline, 1.3 EP:Assoc. leverage)


    Jones Day ($1.01MM PPP, 10.3% L5Y PPP growth, 1.3 EP:Assoc. leverage) - NO BONUS MATCH

    32. Hughes Hubbard ($1.12MM PPP, 35.1% L5Y PPP decline, 3.3 EP:Assoc. leverage)
    33. Kilpatrick Townsend ($1.01MM PPP, 17.6% L5Y PPP growth, 2.0 EP:Assoc. leverage)
    34. McGuireWoods ($1.02MM PPP, 7.9% L5Y PPP growth, 1.8 EP:Assoc. leverage)
    35. Curtis Mallet ($1.08MM PPP, 31.4% L5Y PPP decline, 3.5 EP:Assoc. leverage)
    36. Baker & Hostetler ($1.00MM PPP, 7.5% L5Y PPP growth, 2.3 EP:Assoc. leverage)


Legend:
New York
California
Washington, D.C.
Chicago
Texas
Boston
Atlanta
Philadelphia
Florida
Other


Thank you! Some huge firms still out there that haven't raised.



Return to “Legal Employment?

Who is online

The online users are hidden on this forum.