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

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WilmerHale
15
6%
Arnold & Porter
23
10%
Hogan Lovells
12
5%
Akin Gump
7
3%
Jones Day
114
47%
Jenner & Block
8
3%
Paul Hastings
7
3%
WachTTTell
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10%
Other
7
3%
No one! YAY!
25
10%
 
Total votes: 241

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thesealocust

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by thesealocust » Thu Aug 27, 2015 12:17 am

Anonymous User wrote:Heard something out of NY today to the effect that they're going up, wasn't told an amount
So you're saying it will probably go straight to 200?

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Anonymous User » Thu Aug 27, 2015 12:27 am

Image

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thesealocust

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by thesealocust » Thu Aug 27, 2015 12:30 am

Image

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Anonymous User » Thu Aug 27, 2015 1:04 am

A certain V10 firm recently (like within the past week) changed their website from listing starting salary at $160,000 to not listing any salary.

This could mean something. This could also mean nothing.

KM2016

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by KM2016 » Thu Aug 27, 2015 2:35 am

Anonymous User wrote:A certain V10 firm recently (like within the past week) changed their website from listing starting salary at $160,000 to not listing any salary.

This could mean something. This could also mean nothing.
You really needed to post anonymously to talk about a firm's website, and you don't even list the firm? Yikes...

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BigZuck

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by BigZuck » Thu Aug 27, 2015 4:00 am

I kinda feel like if you're going to say dumb stuff like "I totes heard a rumor that salaries are going up" then you shouldn't be allowed to do it like an Anon coward but I think it's kind of funny too so carry on you coward(s)

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rpupkin

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by rpupkin » Thu Aug 27, 2015 4:37 am

BigZuck wrote:I kinda feel like if you're going to say dumb stuff like "I totes heard a rumor that salaries are going up" then you shouldn't be allowed to do it like an Anon coward but I think it's kind of funny too so carry on you coward(s)
This thread needs to be purified, immediately. All anons should be outed and forced to adopt "NYC to 190K" tars as a condition of continued TLS membership.

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Johann

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Johann » Thu Aug 27, 2015 5:14 am

It's moving 100% confirmed. My money is on 175 but it's moving. Looking like 20+ firms I the first batch.

Eta - I imagine news will be out for each starting class. So end of September/October for everyone.

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2014

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by 2014 » Thu Aug 27, 2015 6:21 am

JohannDeMann wrote:It's moving 100% confirmed. My money is on 175 but it's moving. Looking like 20+ firms I the first batch.

Eta - I imagine news will be out for each starting class. So end of September/October for everyone.
99% confirmed

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TLSModBot

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by TLSModBot » Thu Aug 27, 2015 6:23 am

2014 wrote:
JohannDeMann wrote:It's moving 100% confirmed. My money is on 175 but it's moving. Looking like 20+ firms I the first batch.

Eta - I imagine news will be out for each starting class. So end of September/October for everyone.
99 100% confirmed
FTFY

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Cobretti

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Cobretti » Thu Aug 27, 2015 9:14 am

Capitol_Idea wrote:
2014 wrote:
JohannDeMann wrote:It's moving 100% confirmed. My money is on 175 but it's moving. Looking like 20+ firms I the first batch.

Eta - I imagine news will be out for each starting class. So end of September/October for everyone.
99 100% confirmed
FTFY
Fortune cookie last night said I would be rich. Chicago confirmed to follow.

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Johann

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Johann » Thu Aug 27, 2015 9:16 am

To be clear I'm not flaming. Firms are moving. Chicago is moving too. Not sure about numbers yet but many firms are moving.

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Anonymous User » Thu Aug 27, 2015 9:23 am

Through the grapevine I've heard that firms might start bumping up in secret in the next couple of weeks.

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papercut

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by papercut » Thu Aug 27, 2015 9:27 am

Talked to a CSM associate who said, "We're not paid enough. We should be making $30k more." $30k is 30,000, and 30,000 plus 160,000 is 190,000.

Suspicious.

Suspicious.

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smaug

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by smaug » Thu Aug 27, 2015 9:29 am

smaug wrote:ImageImage
smaug wrote:flame we can believe in

flame for the future

NYC to 190!!!!
ImageImage

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Johann

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Johann » Thu Aug 27, 2015 9:31 am

Anonymous User wrote:Through the grapevine I've heard that firms might start bumping up in secret in the next couple of weeks.
No it's going to be at least 15 major firms making the move together. The reason the compensation move took so long is because there is actually some nuance to it and it's not as simple as every city moving to 175 or 190 or whatever it is. There's also been a lot of behind the scenes coordination between the firms making the move otherwise this would have been done in July (this last 2 sentence was speculation as to reasoning - everything else is confirmed). 190 for NYC and 175 for the rest wouldn't surprise me.

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by WestOfTheRest » Thu Aug 27, 2015 9:38 am

JohannDeMann wrote:
Anonymous User wrote:Through the grapevine I've heard that firms might start bumping up in secret in the next couple of weeks.
No it's going to be at least 15 major firms making the move together. The reason the compensation move took so long is because there is actually some nuance to it and it's not as simple as every city moving to 175 or 190 or whatever it is. There's also been a lot of behind the scenes coordination between the firms making the move otherwise this would have been done in July (this last 2 sentence was speculation as to reasoning - everything else is confirmed). 190 for NYC and 175 for the rest wouldn't surprise me.
Provided you're not full of shit, and I have no reason to believe you are, where is your info coming from?

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PennBull

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by PennBull » Thu Aug 27, 2015 9:46 am

JohannDeMann wrote:It's moving 100% confirmed. My money is on 175 but it's moving. Looking like 20+ firms I the first batch.

Eta - I imagine news will be out for each starting class. So end of September/October for everyone.
Does this bump up other class years as well? Or is dipshit mcpimplyface going to be making more than me haha

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trebekismyhero

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by trebekismyhero » Thu Aug 27, 2015 9:48 am

Since mid-levels are most in need, I am guessing they would get at least the same bump up if not a larger one

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thesealocust

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by thesealocust » Thu Aug 27, 2015 9:48 am

PennBull wrote:
JohannDeMann wrote:It's moving 100% confirmed. My money is on 175 but it's moving. Looking like 20+ firms I the first batch.

Eta - I imagine news will be out for each starting class. So end of September/October for everyone.
Does this bump up other class years as well? Or is dipshit mcpimplyface going to be making more than me haha
NO they're just going to start paying 1st years more than 2nd years and 3rd years. They'll get bigger bonuses, nicer shoulder bags, and better treatment form the partners too.

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Hutz_and_Goodman » Thu Aug 27, 2015 9:49 am

JohannDeMann wrote:
Anonymous User wrote:Through the grapevine I've heard that firms might start bumping up in secret in the next couple of weeks.
No it's going to be at least 15 major firms making the move together. The reason the compensation move took so long is because there is actually some nuance to it and it's not as simple as every city moving to 175 or 190 or whatever it is. There's also been a lot of behind the scenes coordination between the firms making the move otherwise this would have been done in July (this last 2 sentence was speculation as to reasoning - everything else is confirmed). 190 for NYC and 175 for the rest wouldn't surprise me.
Long time coming, I'm glad to hear it. Only thing is I'm an incoming associate and the letter says $160k so I'm hoping to God that they just unilaterally increase the amount.

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smaug

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by smaug » Thu Aug 27, 2015 9:53 am

NYC to 190k and a puppy

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by 20181989 » Thu Aug 27, 2015 10:08 am

JohannDeMann wrote:
Anonymous User wrote:Through the grapevine I've heard that firms might start bumping up in secret in the next couple of weeks.
No it's going to be at least 15 major firms making the move together. The reason the compensation move took so long is because there is actually some nuance to it and it's not as simple as every city moving to 175 or 190 or whatever it is. There's also been a lot of behind the scenes coordination between the firms making the move otherwise this would have been done in July (this last 2 sentence was speculation as to reasoning - everything else is confirmed). 190 for NYC and 175 for the rest wouldn't surprise me.

This is probably an antitrust violation if the conduct that you describe in fact occurred. See e.g. In re High Tech.

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PennBull

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by PennBull » Thu Aug 27, 2015 10:08 am

thesealocust wrote:
PennBull wrote:
JohannDeMann wrote:It's moving 100% confirmed. My money is on 175 but it's moving. Looking like 20+ firms I the first batch.

Eta - I imagine news will be out for each starting class. So end of September/October for everyone.
Does this bump up other class years as well? Or is dipshit mcpimplyface going to be making more than me haha
NO they're just going to start paying 1st years more than 2nd years and 3rd years. They'll get bigger bonuses, nicer shoulder bags, and better treatment form the partners too.
aw man they'll probably get iphone 6s too

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smaug

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by smaug » Thu Aug 27, 2015 10:09 am

Thanks Cleary antitrust bro.

Seriously? What are you waiting for?

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


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