NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon does a 180! Holder wept.) Forum

BigZuck · Post by **BigZuck** » Sat Nov 07, 2015 2:46 pm

Winter is Coming wrote:Rumors that Columbia admissions staff telling potential students not to worry about the impending 90k a year COA because "odds are you'll get a job to pay that back easily. (190k-90k??????)

I'm going to need some more confirmation before I start believing these rumors

Anonymous User · Post by **Anonymous User** » Tue Nov 10, 2015 6:21 am

Big time firm partner at top 20 PPP firm said in class "Oh yeah, law school applicants have definitely dropped big time. About 20% if I recall correctly" -- with a sad expression on his face.

NYC to 190k confirmed to keep law elite

someone send law firm partners the real numbers -- it's more than 20% right?

Cobretti · Post by **Cobretti** » Tue Nov 10, 2015 12:56 pm

Anonymous User wrote:Big time firm partner at top 20 PPP firm said in class "Oh yeah, law school applicants have definitely dropped big time. About 20% if I recall correctly" -- with a sad expression on his face.

NYC to 190k confirmed to keep law elite

someone send law firm partners the real numbers -- it's more than 20% right?

But TLS economists have already confirmed biglaw doesn't react to supply side shifts

Anonymous User · Post by **Anonymous User** » Tue Nov 10, 2015 8:54 pm

http://abovethelaw.com/2015/11/biglaw-d ... es-are-up/

Anonymous User · Post by **Anonymous User** » Tue Nov 10, 2015 9:22 pm

Anonymous User wrote:http://abovethelaw.com/2015/11/biglaw-d ... es-are-up/

Don't really know why you felt the need to post this b/c it's obvious that they're raising rates to prepare for NYC TO 190.

smaug · Post by **smaug** » Tue Nov 10, 2015 9:31 pm

smaug wrote:Just because people in this thread are normally joking/trolling, let me clearly say I'm serious about NY to layoffs and shittier bonuses.

It's about keeping partners happy, not keeping associates happy. Folks will still go to Skadden either way, and someone figured out that there's marginal cost savings is preventing a couple of people who are on leave or slacking from getting their bonuses

Desert Fox · Post by **Desert Fox** » Tue Nov 10, 2015 9:33 pm

smaug · Post by **smaug** » Tue Nov 10, 2015 9:34 pm

that's fair

bearsfan23 · Post by **bearsfan23** » Tue Nov 10, 2015 9:56 pm

smaug wrote:
smaug wrote:Just because people in this thread are normally joking/trolling, let me clearly say I'm serious about NY to layoffs and shittier bonuses.

It's about keeping partners happy, not keeping associates happy. Folks will still go to Skadden either way, and someone figured out that there's marginal cost savings is preventing a couple of people who are on leave or slacking from getting their bonuses

This is as fucking bullshit as NYC to 190K. Bonuses went up last year genius, and please link these mass layoffs.

I get you're an incredibly doom and gloom person and you spend 10 hours a day posting about how terrible the legal market is, but just maybe stop? You must be a lot of fun in real life

BigZuck · Post by **BigZuck** » Tue Nov 10, 2015 9:59 pm

I like this thread again

pleadthafif · Post by **pleadthafif** » Tue Nov 10, 2015 10:00 pm

Post removed...

bearsfan23 · Post by **bearsfan23** » Tue Nov 10, 2015 10:05 pm

pleadthafif wrote:I'll prob get in trouble for posting ITT as a 0L, but what effect will $190k have on firm hiring? Less associates and more hours? I'm currently wanting PI but $190k is too much sweet cash to pass up for 2-4 years of misery.

You should probably just PM Smaug. He knows exactly what law firms are going to do re: hiring and pay.

I don't know how he's such an expert, but trust me he knows

Tiago Splitter · Post by **Tiago Splitter** » Tue Nov 10, 2015 10:32 pm

pleadthafif wrote:I'll prob get in trouble for posting ITT as a 0L, but what effect will $190k have on firm hiring? Less associates and more hours? I'm currently wanting PI but $190k is too much sweet cash to pass up for 2-4 years of misery.

A classic PI diehard.

A. Nony Mouse · Post by **A. Nony Mouse** » Tue Nov 10, 2015 10:51 pm

pleadthafif wrote:I'll prob get in trouble for posting ITT as a 0L, but what effect will $190k have on firm hiring? Less associates and more hours? I'm currently wanting PI but $190k is too much sweet cash to pass up for 2-4 years of misery.

Come on dude.

rpupkin · Post by **rpupkin** » Tue Nov 10, 2015 10:54 pm

pleadthafif wrote:I'll prob get in trouble for posting ITT as a 0L, but what effect will $190k have on firm hiring? Less associates and more hours? I'm currently wanting PI but $190k is too much sweet cash to pass up for 2-4 years of misery.

This dear 0L has stumbled upon the real reason that NY to 190K is imminent: If the top law firms don't raise salaries to $190K, they'll lose all the best legal talent to PI.

Desert Fox · Post by **Desert Fox** » Tue Nov 10, 2015 10:55 pm

smaug · Post by **smaug** » Tue Nov 10, 2015 11:08 pm

bearsfan23 wrote:
smaug wrote:
smaug wrote:Just because people in this thread are normally joking/trolling, let me clearly say I'm serious about NY to layoffs and shittier bonuses.

It's about keeping partners happy, not keeping associates happy. Folks will still go to Skadden either way, and someone figured out that there's marginal cost savings is preventing a couple of people who are on leave or slacking from getting their bonuses
This is as fucking bullshit as NYC to 190K. Bonuses went up last year genius, and please link these mass layoffs.

I get you're an incredibly doom and gloom person and you spend 10 hours a day posting about how terrible the legal market is, but just maybe stop? You must be a lot of fun in real life

do you not understand the word "to"

it's just two letters

"t" "o"

to

Big Shrimpin · Post by **Big Shrimpin** » Tue Nov 10, 2015 11:42 pm

Desert Fox wrote:Dentons to 190 offices!

Skadden to 190 pieces of cheese!

Monochromatic Oeuvre · Post by **Monochromatic Oeuvre** » Wed Nov 11, 2015 12:27 am

Big Shrimpin wrote:
Desert Fox wrote:Dentons to 190 offices!
Skadden to 190 pieces of cheese!

Latham to 190 associates laid off (again).

barkschool · Post by **barkschool** » Wed Nov 11, 2015 12:35 am

pleadthafif wrote:I'll prob get in trouble for posting ITT as a 0L, but what effect will $190k have on firm hiring? Less associates and more hours? I'm currently wanting PI but $190k is too much sweet cash to pass up for 2-4 years of misery.

Heard they're raising all PI salary to 190K to match for talent. Look into it, and then put the results of your report on the back of a $20 bill. and mail it to the economists at TLS.

pleadthafif · Post by **pleadthafif** » Wed Nov 11, 2015 12:40 am

Post removed...

sublime · Post by **sublime** » Wed Nov 11, 2015 12:55 am

Big Shrimpin · Post by **Big Shrimpin** » Wed Nov 11, 2015 1:17 am

Monochromatic Oeuvre wrote:
Big Shrimpin wrote:
Desert Fox wrote:Dentons to 190 offices!
Skadden to 190 pieces of cheese!
Latham to 190 associates laid off (again).

S&C to 190 different types of shoulder bags!

Big Shrimpin · Post by **Big Shrimpin** » Wed Nov 11, 2015 1:30 am

Big Shrimpin wrote:
Monochromatic Oeuvre wrote:
Big Shrimpin wrote:
Desert Fox wrote:Dentons to 190 offices!
Skadden to 190 pieces of cheese!
Latham to 190 associates laid off (again).
S&C to 190 different types of shoulder bags!

Quinn to 190 different varieties of flip-flops!

...let's keep this rolling...

rpupkin · Post by **rpupkin** » Wed Nov 11, 2015 2:20 am

Big Shrimpin wrote:
Big Shrimpin wrote:
Monochromatic Oeuvre wrote:
Big Shrimpin wrote:
Desert Fox wrote:Dentons to 190 offices!
Skadden to 190 pieces of cheese!
Latham to 190 associates laid off (again).
S&C to 190 different types of shoulder bags!
Quinn to 190 different varieties of flip-flops!

...let's keep this rolling...

Paul Hastings to 190 offices for 380 associates!