NYC to 200k Forum

[Anonymous User]

WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.

Confirmed. “All US” (i.e., Denver too).

Including the Dayton, Ohio office too?

I don't think you understand what the Dayton office is. It doesn't have associates and partners like in the other offices. It's more of a career attorney location with more reasonable hours and the expected lower pay scale. There wasn't anybody making "market" with their "class year" even before the M-STB-CSM shakeup.

[Anonymous User]

I think we can all agree now that Boies is the most egregious offender of the remaining firms that have yet to raise salaries.

[Anonymous User]

WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.

Confirmed. “All US” (i.e., Denver too).

Including the Dayton, Ohio office too?

memo is addressed to summer associates, associates, senior associates, and counsel. there are none of those in dayton, only discovery attorneys.

There is one summer associate there this year.

[Anonymous User]

Including the Dayton, Ohio office too?

memo is addressed to summer associates, associates, senior associates, and counsel. there are none of those in dayton, only discovery attorneys.

There is one summer associate there this year.

Poor kid.

[Anonymous User]

I think we can all agree now that Boies is the most egregious offender of the remaining firms that have yet to raise salaries.

+1

[Anonymous User]

Can anyone confirm the full WH match? Not seeing it on ATL yet. But the site is so poorly organized that it is possible I'm missing it.

[Anonymous User]

confirm.

ATL just slow still processing the Kennedy retirement.

[Anonymous User]

Can anyone give some insight on when we can expect movement from Boies?

[Anonymous User]

Can anyone confirm the full WH match? Not seeing it on ATL yet. But the site is so poorly organized that it is possible I'm missing it.

Can confirm as well.

[Anonymous User]

Can anyone give some insight on when we can expect movement from Boies?

Unless the man himself is following this thread, I can promise you the answer is no.

[Anonymous User]

Can anyone give some insight on when we can expect movement from Boies?

Unless the man himself is following this thread, I can promise you the answer is no.

[Anonymous User]

Obviously Boise is the biggest offender, but they will match and exceed the market. I don't think associates there are or should be worried.

Right now the biggest offender is Sheppard Mullin, followed by Katten. They are the highest firms by PPP not to match.

Other than Greenberg TTTraurig, which permanently resigned itself to a firm respectable associates would never go to.

[Anonymous User]

Obviously Boise is the biggest offender, but they will match and exceed the market. I don't think associates there are or should be worried.

Right now the biggest offender is Sheppard Mullin, followed by Katten. They are the highest firms by PPP not to match.

Bids are due tomorrow. Should I be taking Katten off the list?

[Anonymous User]

I don't think so. Currently an associate at Katten. Word on the street is we are matching today or tomorrow. Everyone is now confident we will be matching salary shortly, but the jury is out re bonuses.

[Anonymous User]

No movement from Holland & Knight either. Wall of shame worthy IMO

[Anonymous User]

Obviously Boise is the biggest offender, but they will match and exceed the market. I don't think associates there are or should be worried.

Right now the biggest offender is Sheppard Mullin, followed by Katten. They are the highest firms by PPP not to match.

Bids are due tomorrow. Should I be taking Katten off the list?

How many do you get total? If you have all of their peers on your list and still have room, sure, keep them. But I wouldn't accept an offer there unless they match. The truth is that whether a firm is great or horrible depends a lot on what partners you work with. And so it's rather lucky whether you have a good or bad experience. Two people can have very different experiences in the same firm. Really the only thing you can judge on is prestige + money. Everything else is pretty anecdotal and hard to quantify. I'm an senior associate and have been at three firms and my advice to law students is to go to the highest PPP firm you get an offer at in the city you want to be in that pays top market compensation. (There are special considerations for someone who wants to do a specific practice area).

Vault is overrated. It's an associate survey and that ends up weighting big firms over smaller firms (e.g., Gunderson Dettmer doesn't show up even though its reputation in Silicon Valley is on par with Wilson Sonsini and Cooley, and it's profits are astronomical, while Arnold & Porter and Hogan Lovells are top 25 and barely break $1m in PPP).

[Anonymous User]

WH full match with summer bonus (tied to annualizing at 2000 as of 6/30) -- opportunity to make it up if you hit 2000 by end of year. Effective 7/1, bonuses paid 7/25.

Confirmed. “All US” (i.e., Denver too).

Including the Dayton, Ohio office too?

I don't think you understand what the Dayton office is. It doesn't have associates and partners like in the other offices. It's more of a career attorney location with more reasonable hours and the expected lower pay scale. There wasn't anybody making "market" with their "class year" even before the M-STB-CSM shakeup.

Runs to google “Dayton office Wilmerhale”. That sounds like a pretty decent trade off if the pay isn’t abysmal.

[Anonymous User]

Runs to google “Dayton office Wilmerhale”. That sounds like a pretty decent trade off if the pay isn’t abysmal.

My understanding is that it is basically document review.

[Anonymous User]

Can anyone give some insight on when we can expect movement from Boies?

Unless the man himself is following this thread, I can promise you the answer is no.

I can confirm that members of the executive committee are working on revising the formula and are aware of the market move. There is no indication of when they will announce a new scale.

[Anonymous User]

No movement from Holland & Knight either. Wall of shame worthy IMO

Holland & Knight has pretty much always been below market right? I know they only went to $160 shortly before the move to $180, and were late following then. I'm also guessing that they have a compressed comp scale, so even though they "matched" $180, they aren't really market after that.

[Anonymous User]

Obviously Boise is the biggest offender, but they will match and exceed the market. I don't think associates there are or should be worried.

Right now the biggest offender is Sheppard Mullin, followed by Katten. They are the highest firms by PPP not to match.

Bids are due tomorrow. Should I be taking Katten off the list?

How many do you get total? If you have all of their peers on your list and still have room, sure, keep them. But I wouldn't accept an offer there unless they match. The truth is that whether a firm is great or horrible depends a lot on what partners you work with. And so it's rather lucky whether you have a good or bad experience. Two people can have very different experiences in the same firm. Really the only thing you can judge on is prestige + money. Everything else is pretty anecdotal and hard to quantify. I'm an senior associate and have been at three firms and my advice to law students is to go to the highest PPP firm you get an offer at in the city you want to be in that pays top market compensation. (There are special considerations for someone who wants to do a specific practice area).

Vault is overrated. It's an associate survey and that ends up weighting big firms over smaller firms (e.g., Gunderson Dettmer doesn't show up even though its reputation in Silicon Valley is on par with Wilson Sonsini and Cooley, and it's profits are astronomical, while Arnold & Porter and Hogan Lovells are top 25 and barely break $1m in PPP).

Thanks for the advice. We get 30 bids. The reason I am bidding it is because I know a partner there. If they match I would want to bid it, if not I would never go there. I guess it isn't much waste for now.

[Anonymous User]

Can anyone give some insight on when we can expect movement from Boies?

Unless the man himself is following this thread, I can promise you the answer is no.

I can confirm that members of the executive committee are working on revising the formula and are aware of the market move. There is no indication of when they will announce a new scale.

Are they taking into account OCI bids? Maybe it doesn’t matter for Boies, but still...

[Anonymous User]

Can anyone give some insight on when we can expect movement from Boies?

Unless the man himself is following this thread, I can promise you the answer is no.

I can confirm that members of the executive committee are working on revising the formula and are aware of the market move. There is no indication of when they will announce a new scale.

Are they taking into account OCI bids? Maybe it doesn’t matter for Boies, but still...

I doubt it; the firm considers itself desirable enough that time is not of the essence. Are BSF partners being assholes by not offering more concrete instruction to their associates and summers? Duh. But realistically, the people that are looking for/willing to undertake the sort of experience that comes with working at Boies Schiller will not be dissuaded from bidding them (an insignificant commitment) by the delay.

[NakedPowerOrgan]

Not many left on the Wall

Confirmation that David Boies spent all the firm's money paying Mossad agents to run covert, international spy operations to suppress women raped by Harvey Weinstein.....(ALLEGEDLY):

Wall of Shame for Firms Yet to Announce:

• Kirkland ($4.70MM PPP, 44.7% L5Y PPP growth, 3.0 EP:Assoc. leverage)
  Davis Polk ($3.70MM PPP, 50.7% L5Y PPP growth, 3.5 EP:Assoc. leverage)
  Weil ($3.64MM PPP, 63.2% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Paul Weiss ($4.56MM PPP, 36.2% L5Y PPP growth, 3.6 EP:Assoc. leverage)
  Milbank ($3.46MM PPP, 41.5% L5Y PPP growth, 2.6 EP:Assoc. leverage)
  Simpson ($3.68MM PPP, 38.2% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Fried Frank ($2.94MM PPP, 123.7% L5Y PPP growth, 2.9 EP:Assoc. leverage)
  SullCrom ($4.27MM PPP, 23.8% L5Y PPP growth, 3.1 EP:Assoc. leverage)
  Skadden ($3.47MM PPP, 32.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  Willkie ($2.97MM PPP, 43.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Akin Gump ($2.39MM PPP, 54.9% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  Paul Hastings ($2.91MM PPP, 39.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Latham ($3.25MM PPP, 33.0% L5Y PPP growth, 3.0 EP:Assoc. leverage)
  Vinson & Elkins ($2.36MM PPP, 60.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  
  1. Boies ($3.27MM PPP, 20.1% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  
  Shearman ($2.32MM PPP, 52.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)
  Quinn ($4.74MM PPP, 6.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  King & Spalding ($2.61MM PPP, 31.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)
  Ropes ($2.32MM PPP, 46.1% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Gibson Dunn ($3.24MM PPP, 15.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Goodwin ($2.15MM PPP, 42.0% L5Y PPP growth, 2.3 EP:Assoc. leverage)
  Dechert ($2.68MM PPP, 27.8% L5Y PPP growth, 3.4 EP:Assoc. leverage)[/s]
  WilmerHale ($2.12MM PPP, 44.9% L5Y PPP growth, 2.2 EP:Assoc. leverage)
  Cahill ($3.69MM PPP, 3.9% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Schulte ($2.56MM PPP, 21.6% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  Debevoise ($2.83MM PPP, 36.2% L5Y PPP growth, 5.3 EP:Assoc. leverage)
  Proskauer ($2.37MM PPP, 27.9% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  Winston ($2.16MM PPP, 44.8% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Cooley ($2.08MM PPP, 39.4% L5Y PPP growth, 2.4 EP:Assoc. leverage)
  Cleary ($3.07MM PPP, 17.3% L5Y PPP growth, 3.7 EP:Assoc. leverage)
  Wilson Sonsini ($2.21MM PPP, 34.4% L5Y PPP growth, 3.5 EP:Assoc. leverage)
  White & Case ($2.26MM PPP, 32.9% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Sidley ($2.26MM PPP, 25.6% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Baker Botts ($1.84MM PPP, 35.1% L5Y PPP growth, 1.9 EP:Assoc. leverage)
  Kramer Levin ($2.15MM PPP, 28.5% L5Y PPP growth, 3.1 EP:Assoc. leverage)
  
  2. Sheppard ($1.71MM PPP, 35.2% L5Y PPP growth, 2.4 EP:Assoc. leverage)
  
  Cadwalader ($2.51MM PPP, 5.3% L5Y PPP decline, 4.5 EP:Assoc. leverage)
  Alston & Bird ($1.93MM PPP, 12.3% L5Y PPP growth, 1.2 EP:Assoc. leverage)
  Mayer Brown ($1.58MM PPP, 37.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  
  3. Holland & Knight ($1.36MM PPP, 43.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  4. Fragomen ($1.98MM PPP, 31.4% L5Y PPP growth, 4.2 EP:Assoc. leverage)
  
  DLA Piper ($1.76MM PPP, 34.1% L5Y PPP growth, 3.5 EP:Assoc. leverage)
  McDermott ($1.71MM PPP, 17.3% L5Y PPP growth, 1.8 EP:Assoc. leverage)
  
  5. Katten ($1.57MM PPP, 19.8% L5Y PPP growth, 1.7 EP:Assoc. leverage)
  
  O'Melveny ($2.01MM PPP, 2.5% L5Y PPP decline, 3.3 EP:Assoc. leverage)
  Orrick ($1.86MM PPP, 14.3% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Covington ($1.54MM PPP, 22.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  
  6. Greenberg ($1.63MM PPP, 20.1% L5Y PPP growth, 2.2 EP:Assoc. leverage)
  
  MoFo ($1.74MM PPP, 18.1% L5Y PPP growth, 2.7 EP:Assoc. leverage)
  Fenwick ($1.51MM PPP, 31.0% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  
  7. Fish & Richardson ($1.63MM PPP, 9.8% L5Y PPP growth, 1.5 EP:Assoc. leverage)
  
  Jenner ($1.42MM PPP, 4.9% L5Y PPP decline, 1.7 EP:Assoc. leverage)
  Baker McKenzie ($1.30MM PPP, 19.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
  Morgan Lewis ($1.37MM PPP, 11.7% L5Y PPP decline, 1.3 EP:Assoc. leverage)

Legend:
New York
California
Washington, D.C.
Chicago
Houston
Boston
Atlanta
Philadelphia
Florida

[Anonymous User]

Wall of Shame for Firms Yet to Announce:

• Kirkland ($4.70MM PPP, 44.7% L5Y PPP growth, 3.0 EP:Assoc. leverage)
  Davis Polk ($3.70MM PPP, 50.7% L5Y PPP growth, 3.5 EP:Assoc. leverage)
  Weil ($3.64MM PPP, 63.2% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Paul Weiss ($4.56MM PPP, 36.2% L5Y PPP growth, 3.6 EP:Assoc. leverage)
  Milbank ($3.46MM PPP, 41.5% L5Y PPP growth, 2.6 EP:Assoc. leverage)
  Simpson ($3.68MM PPP, 38.2% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Fried Frank ($2.94MM PPP, 123.7% L5Y PPP growth, 2.9 EP:Assoc. leverage)
  SullCrom ($4.27MM PPP, 23.8% L5Y PPP growth, 3.1 EP:Assoc. leverage)
  Skadden ($3.47MM PPP, 32.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  Willkie ($2.97MM PPP, 43.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Akin Gump ($2.39MM PPP, 54.9% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  Paul Hastings ($2.91MM PPP, 39.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Latham ($3.25MM PPP, 33.0% L5Y PPP growth, 3.0 EP:Assoc. leverage)
  Vinson & Elkins ($2.36MM PPP, 60.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  
  1. Boies ($3.27MM PPP, 20.1% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  
  Shearman ($2.32MM PPP, 52.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)
  Quinn ($4.74MM PPP, 6.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  King & Spalding ($2.61MM PPP, 31.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)
  Ropes ($2.32MM PPP, 46.1% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Gibson Dunn ($3.24MM PPP, 15.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Goodwin ($2.15MM PPP, 42.0% L5Y PPP growth, 2.3 EP:Assoc. leverage)
  Dechert ($2.68MM PPP, 27.8% L5Y PPP growth, 3.4 EP:Assoc. leverage)[/s]
  WilmerHale ($2.12MM PPP, 44.9% L5Y PPP growth, 2.2 EP:Assoc. leverage)
  Cahill ($3.69MM PPP, 3.9% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Schulte ($2.56MM PPP, 21.6% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  Debevoise ($2.83MM PPP, 36.2% L5Y PPP growth, 5.3 EP:Assoc. leverage)
  Proskauer ($2.37MM PPP, 27.9% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  Winston ($2.16MM PPP, 44.8% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Cooley ($2.08MM PPP, 39.4% L5Y PPP growth, 2.4 EP:Assoc. leverage)
  Cleary ($3.07MM PPP, 17.3% L5Y PPP growth, 3.7 EP:Assoc. leverage)
  Wilson Sonsini ($2.21MM PPP, 34.4% L5Y PPP growth, 3.5 EP:Assoc. leverage)
  White & Case ($2.26MM PPP, 32.9% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Sidley ($2.26MM PPP, 25.6% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Baker Botts ($1.84MM PPP, 35.1% L5Y PPP growth, 1.9 EP:Assoc. leverage)
  Kramer Levin ($2.15MM PPP, 28.5% L5Y PPP growth, 3.1 EP:Assoc. leverage)
  
  2. Sheppard ($1.71MM PPP, 35.2% L5Y PPP growth, 2.4 EP:Assoc. leverage)
  
  Cadwalader ($2.51MM PPP, 5.3% L5Y PPP decline, 4.5 EP:Assoc. leverage)
  Alston & Bird ($1.93MM PPP, 12.3% L5Y PPP growth, 1.2 EP:Assoc. leverage)
  Mayer Brown ($1.58MM PPP, 37.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  
  3. Holland & Knight ($1.36MM PPP, 43.2% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  4. Fragomen ($1.98MM PPP, 31.4% L5Y PPP growth, 4.2 EP:Assoc. leverage)
  
  DLA Piper ($1.76MM PPP, 34.1% L5Y PPP growth, 3.5 EP:Assoc. leverage)
  McDermott ($1.71MM PPP, 17.3% L5Y PPP growth, 1.8 EP:Assoc. leverage)
  
  5. Katten ($1.57MM PPP, 19.8% L5Y PPP growth, 1.7 EP:Assoc. leverage)
  
  O'Melveny ($2.01MM PPP, 2.5% L5Y PPP decline, 3.3 EP:Assoc. leverage)
  Orrick ($1.86MM PPP, 14.3% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Covington ($1.54MM PPP, 22.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  
  6. Greenberg ($1.63MM PPP, 20.1% L5Y PPP growth, 2.2 EP:Assoc. leverage)
  
  MoFo ($1.74MM PPP, 18.1% L5Y PPP growth, 2.7 EP:Assoc. leverage)
  Fenwick ($1.51MM PPP, 31.0% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  
  7. Fish & Richardson ($1.63MM PPP, 9.8% L5Y PPP growth, 1.5 EP:Assoc. leverage)
  
  Jenner ($1.42MM PPP, 4.9% L5Y PPP decline, 1.7 EP:Assoc. leverage)
  Baker McKenzie ($1.30MM PPP, 19.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
  Morgan Lewis ($1.37MM PPP, 11.7% L5Y PPP decline, 1.3 EP:Assoc. leverage)

Legend:
New York
California
Washington, D.C.
Chicago
Houston
Boston
Atlanta
Philadelphia
Florida

[/quote][/quote]

Any way you could list the next 10 or so firms below your current list (with the same accompanying stats)?

If not, no worries. And thanks for this list. It is interesting to see the firms' financials measured like this side by side--especially the 5 year growth.