Milbank/Davis Polk/Cravath Scale: NYC to 215-415k Forum

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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:22 pm

LIBERA TE TUTEMET EX INFERIS

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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:33 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:17 pm
Do law firms give a shit about president's day
Yeah it's like a weekend

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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:34 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:20 pm
If this continues do you think firms will cover therapy sessions? Asking for a friend
DPW won't.

These firms will:
WilmerHale
Milbank
Cooley
Goodwin
DLA Piper
Morgan Lewis
Baker McKenzie
Winston & Strawn
Boies
Fried Frank
McDermott
Cadwalader
Norton Rose Fulbright
Cahill
Fenwick
Sheppard Mullin
Irell
Steptoe
Gunderson
Hueston Hennigan
McKool Smith
Dovel & Luner
Axinn Veltrop
Groom
Choate, Hall & Stewart
Brewer
Lynn Pinker

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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:34 pm

Anybody else starting to get recruiting emails that really emphasize "this firm pays the new Milbank scale"? Maybe they always mentioned market pay, but it at least feels different now.

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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:36 pm

WSGR just matched. Milbank. Though WSGR being cheap AF, only matched to their beginning fiscal year of Feb. 1. Lame AF.
Last edited by Anonymous User on Fri Feb 18, 2022 5:36 pm, edited 1 time in total.

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Anonymous User
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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:36 pm

WSGR match!

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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:36 pm

I’m calling it. DPW ain’t matchin. Let’s pack up and go home.

Anonymous User
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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:37 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:34 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:20 pm
If this continues do you think firms will cover therapy sessions? Asking for a friend
DPW won't.

These firms will:
WilmerHale
Milbank
Cooley
Goodwin
DLA Piper
Morgan Lewis
Baker McKenzie
Winston & Strawn
Boies
Fried Frank
McDermott
Cadwalader
Norton Rose Fulbright
Cahill
Fenwick
Sheppard Mullin
Irell
Steptoe
Gunderson
Hueston Hennigan
McKool Smith
Dovel & Luner
Axinn Veltrop
Groom
Choate, Hall & Stewart
Brewer
Lynn Pinker
Where'd Sheppard Mullin come from?

Anonymous User
Posts: 432607
Joined: Tue Aug 11, 2009 9:32 am

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:40 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:36 pm
I’m calling it. DPW ain’t matchin. Let’s pack up and go home.
Yes, because they're going to raise and blow Milbank out of the water. NY to 230.

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Anonymous User
Posts: 432607
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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:41 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:37 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:34 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:20 pm
If this continues do you think firms will cover therapy sessions? Asking for a friend
DPW won't.

These firms will:
WilmerHale
Milbank
Cooley
Goodwin
DLA Piper
Morgan Lewis
Baker McKenzie
Winston & Strawn
Boies
Fried Frank
McDermott
Cadwalader
Norton Rose Fulbright
Cahill
Fenwick
Sheppard Mullin
Irell
Steptoe
Gunderson
Hueston Hennigan
McKool Smith
Dovel & Luner
Axinn Veltrop
Groom
Choate, Hall & Stewart
Brewer
Lynn Pinker
Where'd Sheppard Mullin come from?
Huh. I don't know. I just copied from first page, but yeah I don't see them on ATL.

Anonymous User
Posts: 432607
Joined: Tue Aug 11, 2009 9:32 am

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:41 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:36 pm
WSGR just matched. Milbank. Though WSGR being cheap AF, only matched to their beginning fiscal year of Feb. 1. Lame AF.
Yeah, wtf. Really lame. The town halls are so boring too.

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

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:44 pm

In the town hall at WSGR... "we are so great we are beating the market... we only want you back 2 days a week compared to people like Kirkland who require 3..."

COOL bro.. give me 25$ for meal reimbursements including tax, tip and delivery fee? Guess I'll get some water.

Anonymous User
Posts: 432607
Joined: Tue Aug 11, 2009 9:32 am

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:46 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:41 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:37 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:34 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:20 pm
If this continues do you think firms will cover therapy sessions? Asking for a friend
DPW won't.

These firms will:
WilmerHale
Milbank
Cooley
Goodwin
DLA Piper
Morgan Lewis
Baker McKenzie
Winston & Strawn
Boies
Fried Frank
McDermott
Cadwalader
Norton Rose Fulbright
Cahill
Fenwick
Sheppard Mullin
Irell
Steptoe
Gunderson
Hueston Hennigan
McKool Smith
Dovel & Luner
Axinn Veltrop
Groom
Choate, Hall & Stewart
Brewer
Lynn Pinker
Where'd Sheppard Mullin come from?
Huh. I don't know. I just copied from first page, but yeah I don't see them on ATL.
They gave staff special bonuses but didn't match. I don't think they count. Can't afford lobster with that.

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Anonymous User
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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 5:53 pm

Isn’t it getting more obvious that tech bros (CA) have more money to blow than finance bros (NY)?

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

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:00 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:53 pm
Isn’t it getting more obvious that tech bros (CA) have more money to blow than finance bros (NY)?
Tech firms also have to compete with FAANG and growth startups. Lol at the exit opps available to V10ers in NY - compliance at a bank?

Anonymous User
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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:06 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:53 pm
Isn’t it getting more obvious that tech bros (CA) have more money to blow than finance bros (NY)?
Conjecture from going to berkeley and working in northern california, but i think california associates are, for whatever reason, a lot less willing to take abuse than new york associates. definitely seems like i know more associates here that are willing to throw the towel in and take a 125k lifestyle job

Anonymous User
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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:20 pm

Anonymous User wrote:
Fri Feb 18, 2022 5:36 pm
WSGR just matched. Milbank. Though WSGR being cheap AF, only matched to their beginning fiscal year of Feb. 1. Lame AF.
That's bizarre. Are normal class year bumps only effective Feb. 1 too?

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

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:21 pm

Anonymous User wrote:
Fri Feb 18, 2022 6:06 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:53 pm
Isn’t it getting more obvious that tech bros (CA) have more money to blow than finance bros (NY)?
Conjecture from going to berkeley and working in northern california, but i think california associates are, for whatever reason, a lot less willing to take abuse than new york associates. definitely seems like i know more associates here that are willing to throw the towel in and take a 125k lifestyle job
It's not that west coast associates are "less willing to take abuse" lol. It's just the west coast vibe. The people that want to work in the west coast, self-select into it. The chill factor flows from top down. The partners in west coast offices of even the most notoriously aggressive firms are pretty laid back. The market also demands different and sometimes less than a city like NY where work is constant. This is changing for the valley a bit but the other points stand.

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

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:25 pm

Anonymous User wrote:
Fri Feb 18, 2022 6:20 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:36 pm
WSGR just matched. Milbank. Though WSGR being cheap AF, only matched to their beginning fiscal year of Feb. 1. Lame AF.
That's bizarre. Are normal class year bumps only effective Feb. 1 too?
I don't see what benefit WSGR derives from skimping on one month's pay. It's bad enough that they are literally the last in their cohort to match. But the fact that they did it almost immediately after Fenwick. But they can't even match back to Jan 1? Lmao.

Cheap af. Wsgr deserves some of the flack they've been getting. What kind of calculation points to skimping on one month being a good idea.

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

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:37 pm

Only thing I can think of for the WSGR weirdness regarding February 1, is that they would have to pay an associate differently between January 1-31 and then from February 1-today because class years change February 1. But still, cheap as fu$K

Anonymous User
Posts: 432607
Joined: Tue Aug 11, 2009 9:32 am

Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:38 pm

Anonymous User wrote:
Fri Feb 18, 2022 6:25 pm
Anonymous User wrote:
Fri Feb 18, 2022 6:20 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:36 pm
WSGR just matched. Milbank. Though WSGR being cheap AF, only matched to their beginning fiscal year of Feb. 1. Lame AF.
That's bizarre. Are normal class year bumps only effective Feb. 1 too?
I don't see what benefit WSGR derives from skimping on one month's pay. It's bad enough that they are literally the last in their cohort to match. But the fact that they did it almost immediately after Fenwick. But they can't even match back to Jan 1? Lmao.

Cheap af. Wsgr deserves some of the flack they've been getting. What kind of calculation points to skimping on one month being a good idea.
Orrick still hasn’t matched.

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Anonymous User
Posts: 432607
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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:38 pm

Anonymous User wrote:
Fri Feb 18, 2022 6:25 pm
Anonymous User wrote:
Fri Feb 18, 2022 6:20 pm
Anonymous User wrote:
Fri Feb 18, 2022 5:36 pm
WSGR just matched. Milbank. Though WSGR being cheap AF, only matched to their beginning fiscal year of Feb. 1. Lame AF.
That's bizarre. Are normal class year bumps only effective Feb. 1 too?
I don't see what benefit WSGR derives from skimping on one month's pay. It's bad enough that they are literally the last in their cohort to match. But the fact that they did it almost immediately after Fenwick. But they can't even match back to Jan 1? Lmao.

Cheap af. Wsgr deserves some of the flack they've been getting. What kind of calculation points to skimping on one month being a good idea.
If normal salary increases are effective Feb. 1, I'm confused as to why it would be any different for this. The rest of us got paid on the old scale(s) for the preceding 12 months. Starting Jan. 1, we got bumped (or will get bumped) to this new scale. Am I missing something here?

I'd prob feel differently if I were at WSGR, but I'm not, hence the question.

bigboybob

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Re: Milbank Scale: NYC to 215K - 385K

Post by bigboybob » Fri Feb 18, 2022 6:40 pm

Real question... is when DPW re-raises... will the firms that have already matched, re-match and make that retroactive to Jan 1?

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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:41 pm

bigboybob wrote:
Fri Feb 18, 2022 6:40 pm
Real question... is when DPW re-raises... will the firms that have already matched, re-match and make that retroactive to Jan 1?
DPW won’t re-raise. They were never going to because they don’t want the current raise. They’ll eventually match and announce special bonuses next month.

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Re: Milbank Scale: NYC to 215K - 385K

Post by Anonymous User » Fri Feb 18, 2022 6:42 pm

I could have sworn I saw an analysis like 10 pages ago from someone who predicted basically this exact series of matches. They figured this would put the pressure on Kirkland to eventually match, which would finally force V5 movement.

Seriously? What are you waiting for?

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