BigLaw in the NYC Market

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pwnyc127
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BigLaw in the NYC Market

Postby pwnyc127 » Tue Mar 05, 2013 1:37 am

Do big firms care about anything other than the name of the school and the student's grades when hiring first year associates?

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Scotchandsoda
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Re: BigLaw in the NYC Market

Postby Scotchandsoda » Tue Mar 05, 2013 1:42 am

Doubt it. What else could they possibly care for....

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sambeber
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Re: BigLaw in the NYC Market

Postby sambeber » Tue Mar 05, 2013 1:49 am

Yes, of course. Some items to get you started: pre-LS work experience in applicable fields; personality; journal or lack thereof; undergrad grades (some firms); grooming and appearance. Obviously, there are many more. Those are some of the big ones after school and LS grades.

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Yukos
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Re: BigLaw in the NYC Market

Postby Yukos » Tue Mar 05, 2013 1:51 am


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untar614
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Re: BigLaw in the NYC Market

Postby untar614 » Tue Mar 05, 2013 6:49 pm


I'm guessing this thread was moved then?


Do NYC biglaw firms tend to pay more than biglaw elsewhere given the incredibly high COL in NYC compared to most other places?

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Yukos
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Re: BigLaw in the NYC Market

Postby Yukos » Tue Mar 05, 2013 7:37 pm

untar614 wrote:

I'm guessing this thread was moved then?


Do NYC biglaw firms tend to pay more than biglaw elsewhere given the incredibly high COL in NYC compared to most other places?


First year in major markets (LA, CHI, NYC, SF, some Texas firms) all pay the same. I've heard NY scales up a little faster but in general you're making less in NYC than elsewhere when you consider state and city (!) income tax and the astronomical COL. Probably the best deal is to live in Houston with no state income tax and a super low COL making 160k.

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AreJay711
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Re: BigLaw in the NYC Market

Postby AreJay711 » Tue Mar 05, 2013 8:00 pm

Generally, NYC lockstep and bonuses are higher. But the COL is higher and they often require more hours. For example, my firm requires 1800 hours and starts at 160K. If you want to work 2200 hours you will make the equivalent of NY associates lockstep + bonus. If you work less, you make less. I'd imagine 2200 hours is still a prereq for partnership but I have no idea.

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Yukos
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Re: BigLaw in the NYC Market

Postby Yukos » Tue Mar 05, 2013 8:01 pm

AreJay711 wrote:Generally, NYC lockstep and bonuses are higher. But the COL is higher and they often require more hours. For example, my firm requires 1800 hours and starts at 160K. If you want to work 2200 hours you will make the equivalent of NY associates lockstep + bonus. If you work less, you make less. I'd imagine 2200 hours is still a prereq for partnership but I have no idea.


What market are you?

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piccolittle
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Re: BigLaw in the NYC Market

Postby piccolittle » Tue Mar 05, 2013 8:11 pm

Search function, man. Come on.




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