NYC to 200k Forum

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yomisterd

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Re: NYC to 200k

Post by yomisterd » Tue Jun 05, 2018 10:34 am

I want to see a poll of summers: if your firm doesn’t match, are you going to take the offer? My gut says most still take it because job security but idk

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 11:08 am

yomisterd wrote:I want to see a poll of summers: if your firm doesn’t match, are you going to take the offer? My gut says most still take it because job security but idk
I will absolutely go to a different firm if mine doesn't match. I'm near top of class at HYS and am currently an SA at a V30 firm. I don't really give a damn about prestige and chose my firm entirely based on culture/type of work, but a main reason I did that instead of going with a v(arbitrary number <30) firm is that I would be paid the same (I don't hate myself enough to do Wachtell for the increased $$$). If there were actual striations in comp across biglaw firms I would not hesitate to move up next year.

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 11:08 am

We need some action, abovethelaw is starting to post nothing burger articles to keep the interest alive.

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 11:20 am

Anonymous User wrote:We need some action, abovethelaw is starting to post nothing burger articles to keep the interest alive.
Memo 2 partners

From: bored associate

Re: I want my money now dammmmnnnnnittttttt

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Man from Nantucket

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Re: NYC to 200k

Post by Man from Nantucket » Tue Jun 05, 2018 11:22 am

yomisterd wrote:I'm near top of class at HYS
yomisterd wrote:striations

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 11:22 am

Anonymous User wrote:
Anonymous User wrote:We need some action, abovethelaw is starting to post nothing burger articles to keep the interest alive.
Memo 2 partners

From: bored associate

Re: I want my money now dammmmnnnnnittttttt
"I cannot be a productive grunt if I have to refresh TLS/ATL every 30 seconds waiting to hear if other firms are doing/have done what this firm should do. In the name of efficiency, give me more money!"

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 11:26 am

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:We need some action, abovethelaw is starting to post nothing burger articles to keep the interest alive.
Memo 2 partners

From: bored associate

Re: I want my money now dammmmnnnnnittttttt
"I cannot be a productive grunt if I have to refresh TLS/ATL every 30 seconds waiting to hear if other firms are doing/have done what this firm should do. In the name of efficiency, give me more money!"
SO.
FCKIN.
TRUE.

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yomisterd

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Re: NYC to 200k

Post by yomisterd » Tue Jun 05, 2018 11:30 am

Man from Nantucket wrote:
yomisterd wrote:I'm near top of class at HYS
yomisterd wrote:striations
i don’t understand these references

you don’t talk about the movement of glaciers enough that striation isn’t in your autocorrect?

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 11:32 am

This thread is hilarious. but I don't know why firms would lose all this productivity by delaying. Don't they know their associates are constantly refreshing websites looking for updates?

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 11:37 am

I wouldn't refresh so much if the partners weren't giving me so much pure bullshit today

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 11:55 am

Anonymous User wrote:I wouldn't refresh so much if the partners weren't giving me so much pure bullshit today
Bullshit about raises or work?

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:09 pm

Proskauer reoportedly matching

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Clearly

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Re: NYC to 200k

Post by Clearly » Tue Jun 05, 2018 12:10 pm

Anonymous User wrote:Proskauer reoportedly matching
source?

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:11 pm

yomisterd wrote:
Man from Nantucket wrote:
yomisterd wrote:I'm near top of class at HYS
yomisterd wrote:striations
i don’t understand these references

you don’t talk about the movement of glaciers enough that striation isn’t in your autocorrect?
Though I doubt I'm as aristocratic as original anon above, I'm also at HYS, and also accepted an offer at V50ish firm over much "prestigier" options. Making it easier to spurn the prestige was homogeneity of pay across all firms (homogeneity isn't as blue bloddy as striation, right??). If that changes so does my calculus.

Also, as someone mentioned earlier in this thread, hours not being tied to bonus is huge. For example, as it stands right now, Skadden's all in first-year salary is 180 (majority of first years do not make bonus) and Milbank's is 205 (no billable requirement).

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:13 pm

Clearly wrote:
Anonymous User wrote:Proskauer reoportedly matching
source?
Associate at Proskauer.

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:18 pm

yomisterd wrote: Though I doubt I'm as aristocratic as original anon above, I'm also at HYS, and also accepted an offer at V50ish firm over much "prestigier" options. Making it easier to spurn the prestige was homogeneity of pay across all firms (homogeneity isn't as blue bloddy as striation, right??). If that changes so does my calculus.

Also, as someone mentioned earlier in this thread, hours not being tied to bonus is huge. For example, as it stands right now, Skadden's all in first-year salary is 180 (majority of first years do not make bonus) and Milbank's is 205 (no billable requirement).
Can we please get more statements like this from top-of-the-class associates and especially summer associates? Firms are doubtlessly viewing comments on this board, and they need to see that the elite associate pool will leave for wherever they can obtain higher compensation. Firms need to pay up. $200k is the correct base salary given the CoL in NYC right now.

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:20 pm

I also am a top student at HLS and chose fried frank over offers from other higher ranked firms because I liked the people/culture better.

If the firm does not match or go to 200k, I will absolutely seek to lateral. 200k is the right salary for COL in NYC and increased student loans

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:21 pm

Anonymous User wrote:
yomisterd wrote: Though I doubt I'm as aristocratic as original anon above, I'm also at HYS, and also accepted an offer at V50ish firm over much "prestigier" options. Making it easier to spurn the prestige was homogeneity of pay across all firms (homogeneity isn't as blue bloddy as striation, right??). If that changes so does my calculus.

Also, as someone mentioned earlier in this thread, hours not being tied to bonus is huge. For example, as it stands right now, Skadden's all in first-year salary is 180 (majority of first years do not make bonus) and Milbank's is 205 (no billable requirement).
Can we please get more statements like this from top-of-the-class associates and especially summer associates? Firms are doubtlessly viewing comments on this board, and they need to see that the elite associate pool will leave for wherever they can obtain higher compensation. Firms need to pay up. $200k is the correct base salary given the CoL in NYC right now.
*top 10% t6 SA at v5. Show me the money and I am yours next year... assuming Millbank is saturated by now with 3Ls switching as they study the bar.

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:22 pm


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Man from Nantucket

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Re: NYC to 200k

Post by Man from Nantucket » Tue Jun 05, 2018 12:22 pm

Anonymous User wrote:
yomisterd wrote: Though I doubt I'm as aristocratic as original anon above, I'm also at HYS, and also accepted an offer at V50ish firm over much "prestigier" options. Making it easier to spurn the prestige was homogeneity of pay across all firms (homogeneity isn't as blue bloddy as striation, right??). If that changes so does my calculus.

Also, as someone mentioned earlier in this thread, hours not being tied to bonus is huge. For example, as it stands right now, Skadden's all in first-year salary is 180 (majority of first years do not make bonus) and Milbank's is 205 (no billable requirement).
Can we please get more statements like this from top-of-the-class associates and especially summer associates? Firms are doubtlessly viewing comments on this board, and they need to see that the elite associate pool will leave for wherever they can obtain higher compensation. Firms need to pay up. $200k is the correct base salary given the CoL in NYC right now.
Please only from top of the class associates from Yale/Columbia though. Less prestigious law students need not contribute.

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:24 pm

Incoming first year at a V5, NYC. Firms need to get that this is a business, and that the raise barely keeps up with inflation and cost of living more broadly (especially if it’s the last for a long time).

Law school is expensive as fuck and so is living (even modestly) close enough to the office to commute...

Preftige doesn’t pay back my student loans man. I’ll jump in a heartbeat to some “V30” shop if they’ll give me $5 more, first opportunity I get.

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:24 pm

Man from Nantucket wrote:
Anonymous User wrote:
yomisterd wrote: Though I doubt I'm as aristocratic as original anon above, I'm also at HYS, and also accepted an offer at V50ish firm over much "prestigier" options. Making it easier to spurn the prestige was homogeneity of pay across all firms (homogeneity isn't as blue bloddy as striation, right??). If that changes so does my calculus.

Also, as someone mentioned earlier in this thread, hours not being tied to bonus is huge. For example, as it stands right now, Skadden's all in first-year salary is 180 (majority of first years do not make bonus) and Milbank's is 205 (no billable requirement).
Can we please get more statements like this from top-of-the-class associates and especially summer associates? Firms are doubtlessly viewing comments on this board, and they need to see that the elite associate pool will leave for wherever they can obtain higher compensation. Firms need to pay up. $200k is the correct base salary given the CoL in NYC right now.
Please only from top of the class associates from Yale/Columbia though. Less prestigious law students need not contribute.

Darn, I'm top 1% at Harvard at V2 but feel unworthy to participate, oh woe is me and my mediocrity.

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Re: NYC to 200k

Post by JohnnieSockran » Tue Jun 05, 2018 12:29 pm

Anonymous User wrote:
Clearly wrote:
Anonymous User wrote:Proskauer reoportedly matching
source?
Associate at Proskauer.
All US offices?

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:30 pm

I wonder if proskauer will stop being a second tier firm and pay ALL offices the same scale

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Re: NYC to 200k

Post by Anonymous User » Tue Jun 05, 2018 12:31 pm

Winston also matched!

Seriously? What are you waiting for?

Now there's a charge.
Just kidding ... it's still FREE!


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