Cravath's Spawn - the Wave of Copycats - RUNNING TALLY Forum

[jmh1]

Davis Polk

http://abovethelaw.com/2016/06/guess-wh ... aries-now/

[jmh1]

Freshfields

http://abovethelaw.com/2016/06/magic-ci ... ath-scale/

[trbrny]

Updated with new confirmations.

[dailygrind]

For the record, I think Freshfields only has an NYC and a DC office in the US, so it would be more accurate to say that Freshfields has just straight-up matched.

[Anonymous User]

I disagree with the above. According to the memo that was circulated, the entity matching was FBD's US LLP; their U.S.-qualified London-based associates do not work for that entity, but are likely interested in this as well. Other firms have mentioned that their London-based associates, who are remunerated in sterling, are seeing concomitant increases in pay. To my understanding, Freshfields did not increase compensation for U.S.-qualified London associates, although this may happen at a later time.

[PeanutsNJam]

Can we get a notation about which cities are 180k for each firm? Or are all the firms NYC/DC/Chi/LA? Apparently there are some Houston 180ks?

[LaLiLuLeLo]

Can we get a notation about which cities are 180k for each firm? Or are all the firms NYC/DC/Chi/LA? Apparently there are some Houston 180ks?

The firms that didn't do all offices have a notation of which offices.

[Anonymous User]

Winston matched before K&E. I think this should be noted in your list, as it reads chronologically.

[dailygrind]

I disagree with the above. According to the memo that was circulated, the entity matching was FBD's US LLP; their U.S.-qualified London-based associates do not work for that entity, but are likely interested in this as well. Other firms have mentioned that their London-based associates, who are remunerated in sterling, are seeing concomitant increases in pay. To my understanding, Freshfields did not increase compensation for U.S.-qualified London associates, although this may happen at a later time.

Touche. You have clearly put more thought into this than I have.

[tuhaybey]

Covington should be on the TTT list. Only a very small fraction of their attorneys are in NY, and, we don't even know for sure that they're raising in NY.

[Anonymous User]

I agree with the above. Covington is a sophisticated antitrust practice, and they know they can't have an explicit agreement with other firms to reduce competition in the market. So instead they wrote an incendiary letter to their associates, knowing that it would eventually be leaked and circulated to their competitors.

The entire gambit was predicated on outraged associates signaling the Covington partnership's disinclination to raise salaries to rival firms. Clearly it was cooked up by their partners in an effort to reduce competition in the legal market and still abide by the law. But what I find so galling about it is that they had to slap their associates in the face in order to convey the message. Why would anyone with options want to work at a place like that?

[Anonymous User]

I agree with the above. Covington is a sophisticated antitrust practice, and they know they can't have an explicit agreement with other firms to reduce competition in the market. So instead they wrote an incendiary letter to their associates, knowing that it would eventually be leaked and circulated to their competitors.

The entire gambit was predicated on outraged associates signaling the Covington partnership's disinclination to raise salaries to rival firms. Clearly it was cooked up by their partners in an effort to reduce competition in the legal market and still abide by the law. But what I find so galling about it is that they had to slap their associates in the face in order to convey the message. Why would anyone with options want to work at a place like that?

It's on the top of an Internet list

[Mack.Hambleton]

Can we get a notation about which cities are 180k for each firm? Or are all the firms NYC/DC/Chi/LA? Apparently there are some Houston 180ks?

Even Weil Dallas should be 180 now

[El Pollito]

List updated with new matches and one on the NoNo list.

[Anonymous User]

Looks like Fox Rothschild won't be matching

http://abovethelaw.com/2016/06/ny-to-18 ... -matching/

"'We certainly took note,' said Fox Rothschild managing partner Mark Silow of the salary increases. '[But] we don’t view Cravath as one of our competitors. It’s really in a different segment of the market.'"

[androstan]

Looks like Fox Rothschild won't be matching

http://abovethelaw.com/2016/06/ny-to-18 ... -matching/

"'We certainly took note,' said Fox Rothschild managing partner Mark Silow of the salary increases. '[But] we don’t view Cravath as one of our competitors. It’s really in a different segment of the market.'"

Oh how embarrassing they posted this before realizing that Cooley and Winston both matched.

[Anonymous User]

Can we get a notation about which cities are 180k for each firm? Or are all the firms NYC/DC/Chi/LA? Apparently there are some Houston 180ks?

Houston 180k is a thing. And it's great.

[Anonymous User]

Houston at $180k is like NYC at $210k.

[Mack.Hambleton]

whos gonna match today

[Anonymous User]

Latham better fucking officially match, christ

[Anonymous User]

Willkie just matched. All offices.

[Anonymous User]

Latham better fucking officially match, christ

Guessing Friday. They were MUCH slower in '07 (waited into the 3rd week).

[jmh1]

Keker & Van Nest just matched

http://abovethelaw.com/2016/06/top-bout ... h-cravath/

[trbrny]

Keker & Van Nest just matched

http://abovethelaw.com/2016/06/top-bout ... h-cravath/

Who? Added anyways.

[Anonymous User]

Wilkie is verified, all offices- http://abovethelaw.com/2016/06/another- ... lary-bump/

Covington still needs to be shifted to the TTT list.