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

[Mr. Peanutbutter]

Ah, I think I get it. So the firm has given summer associates a 10% raise over what a first-year associate would be paid. Does you think this portends a corresponding increase--or perhaps an even greater increase--for first-year associates?

No, they probably do it because it's easier than adding a new category in payroll. Plus, SAs are just added expense. It wouldn't be worth making them work the extra few days that would bring them to truly 2.5 months instead of 10 weeks.

[Anonymous User]

The only strategy for unionization at this point is organizing consolidated action.

Rumors and chattering class blog discussion will do nothing to influence the incumbent powers that be. There needs to be a demonstration of the ability to disrupt operations.

I would say a week long no call no show by a sufficient number of associates from 11-15 of V20 firms would get the necessary attention.

Of course the question is who would actually participate.

Senior associates are out despite the fact they have nothing to lose and would likely have the greatest impact psychologically because anyone past year 7 is an entrenched Uncle Tom who would sell us out like Steven in Django for a free closing dinner, a coupon for their cat's day spa, and the required pseudo sexual satisfaction they receive from self-flagellation.

Mid levels actions are still generally dictated by abuse coping responses, would cower in fear and crack after a few passive aggressive emails.

Which leaves juniors, most of whom of course are idiot art history major millennials who actually believe in stupid protest shit. The caveat there is that at least half of law school millennials are striver douches who would gladly scab for their peer strikers, feeling immense fulfillment at waking up in the office at 6am. Still, the youngins are the future life blood of the industry and an unannounced desertion by the hundreds should give significant pause to the Babylon.

I propose French Revolution Jacobin style meetings every Sunday evening in the kitchen of the shake shack in Murray Hill for all relevant (non-Fordham) first through third years to plan their attack. I won't be there, but with a few months of discussions we could have a "black July" that will shake boomers to their core and change the industry forever.

(Edit: I meant actual sexual satisfaction)

[rpupkin]

Ah, I think I get it. So the firm has given summer associates a 10% raise over what a first-year associate would be paid. Does you think this portends a corresponding increase--or perhaps an even greater increase--for first-year associates?

No, they probably do it because it's easier than adding a new category in payroll.

Cool...so you're saying that an increase to $190K won't require adding a new category in payroll; instead, Accounting can just tweak the existing categories to result in effectively higher compensation for associates. Since the firm you're talking about has already taken this step for summer associates, it seems logical that they will now do the same for first-year associates.

[Mr. Peanutbutter]

Ah, I think I get it. So the firm has given summer associates a 10% raise over what a first-year associate would be paid. Does you think this portends a corresponding increase--or perhaps an even greater increase--for first-year associates?

No, they probably do it because it's easier than adding a new category in payroll.

Cool...so you're saying that an increase to $190K won't require adding a new category in payroll; instead, Accounting can just tweak the existing categories to result in effectively higher compensation for associates. Since the firm you're talking about has already taken this step for summer associates, it seems logical that they will now do the same for first-year associates.

I already got my 190, you just gotta flirt with Janice in accounting

[kcdc1]

The only strategy for unionization at this point is organizing consolidated action.

Rumors and chattering class blog discussion will do nothing to influence the incumbent powers that be. There needs to be a demonstration of the ability to disrupt operations.

I would say a week long no call no show by a sufficient number of associates from 11-15 of V20 firms would get the necessary attention.

Of course the question is who would actually participate.

Senior associates are out despite the fact they have nothing to lose and would likely have the greatest impact psychologically because anyone past year 7 is an entrenched Uncle Tom who would sell us out like Steven in Django for a free closing dinner, a coupon for their cat's day spa, and the required pseudo sexual satisfaction they receive from self-flagellation.

Mid levels actions are still generally dictated by abuse coping responses, would cower in fear and crack after a few passive aggressive emails.

Which leaves juniors, most of whom of course are idiot art history major millennials who actually believe in stupid protest shit. The caveat there is that at least half of law school millennials are striver douches who would gladly scab for their peer strikers, feeling immense fulfillment at waking up in the office at 6am. Still, the youngins are the future life blood of the industry and an unannounced desertion by the hundreds should give significant pause to the Babylon.

I propose French Revolution Jacobin style meetings every Sunday evening in the kitchen of the shake shack in Murray Hill for all relevant (non-Fordham) first through third years to plan their attack. I won't be there, but with a few months of discussions we could have a "black July" that will shake boomers to their core and change the industry forever.

(Edit: I meant actual sexual satisfaction)

This is really well thought-out. Glad to have you on board, brother. My only concern is how we'll keep the non-relevant (i.e., Fordham) students out of Shake Shack during our meetings. Do you think they might get hungry on Sundays?

[Anonymous User]

I assume we say their parents are inside and having shameful, forced "we're so proud of you" conversations makes everyone uncomfortable.

[Anonymous User]

Ah, I think I get it. So the firm has given summer associates a 10% raise over what a first-year associate would be paid. Does you think this portends a corresponding increase--or perhaps an even greater increase--for first-year associates?

No, they probably do it because it's easier than adding a new category in payroll.

Cool...so you're saying that an increase to $190K won't require adding a new category in payroll; instead, Accounting can just tweak the existing categories to result in effectively higher compensation for associates. Since the firm you're talking about has already taken this step for summer associates, it seems logical that they will now do the same for first-year associates.

I already got my 190, you just gotta flirt with Janice in accounting

Janice from accounting don't give a fuqqqqq

[Anonymous User]

Ah, I think I get it. So the firm has given summer associates a 10% raise over what a first-year associate would be paid. Does you think this portends a corresponding increase--or perhaps an even greater increase--for first-year associates?

No, they probably do it because it's easier than adding a new category in payroll.

Cool...so you're saying that an increase to $190K won't require adding a new category in payroll; instead, Accounting can just tweak the existing categories to result in effectively higher compensation for associates. Since the firm you're talking about has already taken this step for summer associates, it seems logical that they will now do the same for first-year associates.

I already got my 190, you just gotta flirt with Janice in accounting

Janice from accounting don't give a fuqqqqq

I can assure you that she, quite literally, does

[Anonymous User]

http://abovethelaw.com/2016/03/nationwi ... to-market/?

So this means there could potentially be a few more markets joining TX and Charlotte in the "dirt cheap COL but we still make 160k"

If NYC wants to keep people from fleeing to Orlando and Tampa they will have to raise salaries. Right guys??

[Johann]

http://abovethelaw.com/2016/03/nationwi ... to-market/?

So this means there could potentially be a few more markets joining TX and Charlotte in the "dirt cheap COL but we still make 160k"

If NYC wants to keep people from fleeing to Orlando and Tampa they will have to raise salaries. Right guys??

Just like there is long line to overpay for AEs, there is a long line to be underpaid at NY V10s.

[TLSModBot]

http://abovethelaw.com/2016/03/nationwi ... to-market/?

So this means there could potentially be a few more markets joining TX and Charlotte in the "dirt cheap COL but we still make 160k"

If NYC wants to keep people from fleeing to Orlando and Tampa they will have to raise salaries. Right guys??

Just like there is long line to overpay for AEs, there is a long line to be underpaid at NY V10s.

Also there's probably some correlation/overlap between the two.

[Johann]

http://abovethelaw.com/2016/03/nationwi ... to-market/?

So this means there could potentially be a few more markets joining TX and Charlotte in the "dirt cheap COL but we still make 160k"

If NYC wants to keep people from fleeing to Orlando and Tampa they will have to raise salaries. Right guys??

Just like there is long line to overpay for AEs, there is a long line to be underpaid at NY V10s.

Also there's probably some correlation/overlap between the two.

Very much so. That wasn't coincidence.

[Anonymous User]

My secondary market just upped first years from 81k to 82.5k

[lurklaw]

ITS HAPPENING

[lavarman84]

http://abovethelaw.com/2016/03/nationwi ... to-market/?

So this means there could potentially be a few more markets joining TX and Charlotte in the "dirt cheap COL but we still make 160k"

If NYC wants to keep people from fleeing to Orlando and Tampa they will have to raise salaries. Right guys??

Just like there is long line to overpay for AEs, there is a long line to be underpaid at NY V10s.

No doubt. Only so many biglaw jobs in the smaller markets like Orlando, Tampa, Charlotte, etc. And those markets can be fairly insular.

[Anonymous User]

http://www.timeout.com/newyork/blog/new ... our-040116

It's happening...

[Cicero76]

Red alert:

Holland & Knight just raised its Miami first year salary +$25k from $135k to $160k. Hoping it starts a bidding war in SFL.

$160k + $25k = NYC TO $185 YOURE WELCOME BOYS AND GIRLS

[SplitMyPants]

sauce?

[PeanutsNJam]

NY to 200

[Mack.Hambleton]

My secondary market just upped first years from 81k to 82.5k

How secondary lol

[curepure]

http://www.nytimes.com/2016/04/04/busin ... .html?_r=0

so Paul, Weiss?

[Internetdan]

Red alert:

Holland & Knight just raised its Miami first year salary +$25k from $135k to $160k. Hoping it starts a bidding war in SFL.

$160k + $25k = NYC TO $185 YOURE WELCOME BOYS AND GIRLS

Are any of our boys down in verification looking into this?

[Tiago Splitter]

Red alert:

Holland & Knight just raised its Miami first year salary +$25k from $135k to $160k. Hoping it starts a bidding war in SFL.

$160k + $25k = NYC TO $185 YOURE WELCOME BOYS AND GIRLS

Are any of our boys down in verification looking into this?

You'll have to check with the folks in the NYC to 185k?? thread.

[Anonymous User]

Red alert:

Holland & Knight just raised its Miami first year salary +$25k from $135k to $160k. Hoping it starts a bidding war in SFL.

$160k + $25k = NYC TO $185 YOURE WELCOME BOYS AND GIRLS

Are any of our boys down in verification looking into this?

I mean it just got published on ATL today, in roundabout terms that understate the SHATTERING influence of this in the SFL market, and soon thereafter the market beyond.

Edit: anon button very counterintuitive on phone, this is Cicero

[abitaman6363]

From different thread:

http://www.mnat.com/news/morris-nichols ... o-160-000/