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

[TripTrip]

I know Jones Day gets heat on these boards, but will they raise to 180k at least in NY? Obviously won't know the scale for midlevels and such but interested if they will increase first year, and if they do would they even broadcast that

I can't imagine they won't match in major markets if all their peers do. Maybe not Dallas. Who knows what they'll do for OH and ATL.

2500 attorneys, 1 mill ppp. I could see them not matching.

Eh, they also have over 900 partners.

[Anonymous User]

Can someone summarize what DC offices/firms are matching and which aren't at this point?

[Anonymous User]

I know Jones Day gets heat on these boards, but will they raise to 180k at least in NY? Obviously won't know the scale for midlevels and such but interested if they will increase first year, and if they do would they even broadcast that

I can't imagine they won't match in major markets if all their peers do. Maybe not Dallas. Who knows what they'll do for OH and ATL.

2500 attorneys, 1 mill ppp. I could see them not matching.

They just opened a new office yesterday in Minneapolis. There are like 15/20 domestic offices which is nuts. I'm summering at a regional that pays 145k--wonder if that will go up...

[Anonymous User]

I know Jones Day gets heat on these boards, but will they raise to 180k at least in NY? Obviously won't know the scale for midlevels and such but interested if they will increase first year, and if they do would they even broadcast that

I can't imagine they won't match in major markets if all their peers do. Maybe not Dallas. Who knows what they'll do for OH and ATL.

2500 attorneys, 1 mill ppp. I could see them not matching.

They just opened a new office yesterday in Minneapolis. There are like 15/20 domestic offices which is nuts. I'm summering at a regional that pays 145k--wonder if that will go up...

[rpupkin]

I know Jones Day gets heat on these boards, but will they raise to 180k at least in NY? Obviously won't know the scale for midlevels and such but interested if they will increase first year, and if they do would they even broadcast that

I can't imagine they won't match in major markets if all their peers do. Maybe not Dallas. Who knows what they'll do for OH and ATL.

2500 attorneys, 1 mill ppp. I could see them not matching.

I assume they'll match base salaries for first years and then continue their black-box, below market-compensation shtick for mid-level and senior associates. By the way, I suspect that some of these firms are going to partially "pay" for their base-salary increases by reducing bonuses.

[Anonymous User]

I know Jones Day gets heat on these boards, but will they raise to 180k at least in NY? Obviously won't know the scale for midlevels and such but interested if they will increase first year, and if they do would they even broadcast that

I can't imagine they won't match in major markets if all their peers do. Maybe not Dallas. Who knows what they'll do for OH and ATL.

2500 attorneys, 1 mill ppp. I could see them not matching.

They just opened a new office yesterday in Minneapolis. There are like 15/20 domestic offices which is nuts. I'm summering at a regional that pays 145k--wonder if that will go up...

Where's that new office? I missed it the first time.

[arklaw13]

I know Jones Day gets heat on these boards, but will they raise to 180k at least in NY? Obviously won't know the scale for midlevels and such but interested if they will increase first year, and if they do would they even broadcast that

I can't imagine they won't match in major markets if all their peers do. Maybe not Dallas. Who knows what they'll do for OH and ATL.

2500 attorneys, 1 mill ppp. I could see them not matching.

Well yeah but a lot of those are in international and non major market offices. They've got ~600 lawyers between the OH offices, ATL, Dallas (being pessimistic), Miami, Detroit, and pittsburgh that are unlikely to move to 180k.

[Anonymous User]

Question for everyone receiving news from their firms: are incoming associates starting this fall (coming off a clerkship or C/O 2016) getting emails with the news from the firm itself, or hearing indirectly?

[Anonymous User]

I know Jones Day gets heat on these boards, but will they raise to 180k at least in NY? Obviously won't know the scale for midlevels and such but interested if they will increase first year, and if they do would they even broadcast that

I can't imagine they won't match in major markets if all their peers do. Maybe not Dallas. Who knows what they'll do for OH and ATL.

2500 attorneys, 1 mill ppp. I could see them not matching.

Well yeah but a lot of those are in international and non major market offices. They've got ~600 lawyers between the OH offices, ATL, Dallas (being pessimistic), Miami, Detroit, and pittsburgh that are unlikely to move to 180k.

Hoping those regional offices increase to like 160.

[androstan]

ATL breaks the Covington news: http://abovethelaw.com/2016/06/biglaw-s ... ted-equal/

This is toxic. It will give cover to dozens of other V100 firms to not raise salaries in their non-NYC offices. Thanks, Covington!

So much for my hopes and dreams of a quick match in DC. If Covington isn't moving then I don't see why other DC-HQ'd/centric firms would feel the need to.

Maybe A&P or another big DC player will seize this opportunity to one-up big bad C&B?

[arklaw13]

180k may be what it takes to get people to detroit lol

[arklaw13]

ATL breaks the Covington news: http://abovethelaw.com/2016/06/biglaw-s ... ted-equal/

This is toxic. It will give cover to dozens of other V100 firms to not raise salaries in their non-NYC offices. Thanks, Covington!

So much for my hopes and dreams of a quick match in DC. If Covington isn't moving then I don't see why other DC-HQ'd/centric firms would feel the need to.

Maybe A&P or another big DC player will seize this opportunity to one-up big bad C&B?

Skadden has 300 attorneys in DC and matched for all offices. Pretty sure the rest will fall in line.

[Anonymous User]

When will the big Boston firms do something?

[Anonymous User]

Question for everyone receiving news from their firms: are incoming associates starting this fall (coming off a clerkship or C/O 2016) getting emails with the news from the firm itself, or hearing indirectly?

indirectly here (c/o 2016)

[gk101]

wow the winston news is huge. definitely did not see that coming this soon

[Anonymous User]

Question for everyone receiving news from their firms: are incoming associates starting this fall (coming off a clerkship or C/O 2016) getting emails with the news from the firm itself, or hearing indirectly?

coming from clerkship. indirectly.

[rpupkin]

When will the big Boston firms do something?

I've heard that some firms plan to subsidize the raise to 180 in major markets by lowering pay in Boston offices to 145. News of that will start trickling out in the next day or so.

[Big Shrimpin]

just heard that in lieu of raises we will be receiving free 24/7 access to unlimited amounts of ALL varieties of

PEPPERIDGE FARM COOKIES (apparently also a customary perk at WLRK)

[Actus Reus]

just heard that in lieu of raises we will be receiving free 24/7 access to unlimited amounts of ALL varieties of

PEPPERIDGE FARM COOKIES (apparently also a customary perk at WLRK)

NY TO MILANO

[monsterman]

just heard that in lieu of raises we will be receiving free 24/7 access to unlimited amounts of ALL varieties of

PEPPERIDGE FARM COOKIES (apparently also a customary perk at WLRK)

Just burst out laughing at this as a partner walked by

[TLSModBot]

just heard that in lieu of raises we will be receiving free 24/7 access to unlimited amounts of ALL varieties of

PEPPERIDGE FARM COOKIES (apparently also a customary perk at WLRK)

unlimited*

*one plate only per office - you may have as many as you want until the plate is empty.

[jbagelboy]

just heard that in lieu of raises we will be receiving free 24/7 access to unlimited amounts of ALL varieties of

PEPPERIDGE FARM COOKIES (apparently also a customary perk at WLRK)

eh. could be value add if you consume over seven thousand and sixty eight bags of milanos each year.

[lionelhutz123]

Skadden and Winston have sizable DC offices. So do other firms likely to go 180 nationally, e.g. Kirkland, Sidley, Latham.

So how soon until CovingTTTon pulls a 180 to go 180?

[LaLiLuLeLo]

Question for everyone receiving news from their firms: are incoming associates starting this fall (coming off a clerkship or C/O 2016) getting emails with the news from the firm itself, or hearing indirectly?

Got an email.

[Tiago Splitter]

Wait so Covington is raising in its TTT NYC office?