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

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Who will join the CovingTTTon list next?

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
23
10%
Other
7
3%
No one! YAY!
25
10%
 
Total votes: 241

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 5:26 pm

Anonymous User wrote:Munger Tolles & Olson just matched Cravath. Los Angeles has fallen.
GDC's memo got lost in the mail, I guess

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jingosaur

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by jingosaur » Thu Jun 09, 2016 5:27 pm

This is the happiest week of my life.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 5:38 pm

Anonymous User wrote:Chicago is going to be interesting. With Winston, Sidley, and Kirkland matching plus Latham and Skaddden you have to figure Jenner and Mayer will follow soon. But does anyone think any the other big Chicago firms will match anytime soon?
I'm sure Baker and DLA Piper will at some point (and Ropes & Paul Hastings if the home offices raise), but I'm not sure Katten, McDermott or the others will follow suit immediately.

And lol Jones Day.
Last edited by Anonymous User on Thu Jun 09, 2016 5:38 pm, edited 1 time in total.

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Single-Malt-Liquor

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Single-Malt-Liquor » Thu Jun 09, 2016 5:38 pm

Boston is gonna shatter the market. Mark my words.

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Mack.Hambleton

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Mack.Hambleton » Thu Jun 09, 2016 5:39 pm

Single-Malt-Liquor wrote:Boston is gonna shatter the market. Mark my words.
boston to 175

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 5:42 pm

Anonymous User wrote:
Anonymous User wrote:Chicago is going to be interesting. With Winston, Sidley, and Kirkland matching plus Latham and Skaddden you have to figure Jenner and Mayer will follow soon. But does anyone think any the other big Chicago firms will match anytime soon?
I'm sure Baker and DLA Piper will at some point (and Ropes & Paul Hastings if the home offices raise), but I'm not sure Katten, McDermott or the others will follow suit immediately.

And lol Jones Day.
JD deserves it's own independent shame thread. with black box + this bullshit and yet they still get good talent (not to mention if you look at their Wiki you would think they were a God).

If they don't match, I seriously hope that 2L's will blacklist them from their bid list and mass midlevel defections.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by jbagelboy » Thu Jun 09, 2016 5:51 pm

This is the happiest & most excited TLS has ever been about biglaw

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AlanShore

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by AlanShore » Thu Jun 09, 2016 5:52 pm

jbagelboy wrote:This is the happiest & most excited TLS has ever been about biglaw
:lol: :lol:

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by jbagelboy » Thu Jun 09, 2016 5:54 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:Chicago is going to be interesting. With Winston, Sidley, and Kirkland matching plus Latham and Skaddden you have to figure Jenner and Mayer will follow soon. But does anyone think any the other big Chicago firms will match anytime soon?
I'm sure Baker and DLA Piper will at some point (and Ropes & Paul Hastings if the home offices raise), but I'm not sure Katten, McDermott or the others will follow suit immediately.

And lol Jones Day.
JD deserves it's own independent shame thread. with black box + this bullshit and yet they still get good talent (not to mention if you look at their Wiki you would think they were a God).

If they don't match, I seriously hope that 2L's will blacklist them from their bid list and mass midlevel defections.
Has JD said they wouldn't match? Maybe we should wait and see here? If I was going to put money on it I'd venture that Jones day will match cravath in new york and california at least, move with the rest on DC when they announce, and leave the rest at its current state. JD can safely boost first and second years to 180 and 190 and leave the rest opaque and not spill too much.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by NeverBanned » Thu Jun 09, 2016 5:55 pm

I'm waiting for some firm to beat market by announcing the new rate starts on June 30. Show up Cravath for making associates wait until July.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by TLSModBot » Thu Jun 09, 2016 5:58 pm

Come on Gibson. Next up once they fall, we need to put pressure on Schulte Roth, Paul Hastings, and Fried Frank. These firms have the best profits per lawyer (excluding WH who'll pull a Covington mark my words) of the remaining unmatched firms and, with the exception of SRZ, have had decent enough growth that they should be able to stomach the cost (compared the cost of raising all associate salaries to recent growth/revenue).

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by jbagelboy » Thu Jun 09, 2016 5:58 pm

NeverBanned wrote:I'm waiting for some firm to beat market by announcing the new rate starts on June 30. Show up Cravath for making associates wait until July.
Already happened. Someone's doing june 26

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trebekismyhero

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by trebekismyhero » Thu Jun 09, 2016 5:58 pm

jbagelboy wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:Chicago is going to be interesting. With Winston, Sidley, and Kirkland matching plus Latham and Skaddden you have to figure Jenner and Mayer will follow soon. But does anyone think any the other big Chicago firms will match anytime soon?
I'm sure Baker and DLA Piper will at some point (and Ropes & Paul Hastings if the home offices raise), but I'm not sure Katten, McDermott or the others will follow suit immediately.

And lol Jones Day.
JD deserves it's own independent shame thread. with black box + this bullshit and yet they still get good talent (not to mention if you look at their Wiki you would think they were a God).

If they don't match, I seriously hope that 2L's will blacklist them from their bid list and mass midlevel defections.
Has JD said they wouldn't match? Maybe we should wait and see here? If I was going to put money on it I'd venture that Jones day will match cravath in new york and california at least, move with the rest on DC when they announce, and leave the rest at its current state. JD can safely boost first and second years to 180 and 190 and leave the rest opaque and not spill too much.
I think you're generally right, they have 200 attorneys in Chicago too so they have to match there. But even though they're blackbox they would have to give some kind of raise to all the midlevels and senior associates otherwise they would be up in arms making the same as first and second years.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by NeverBanned » Thu Jun 09, 2016 6:01 pm

jbagelboy wrote:
NeverBanned wrote:I'm waiting for some firm to beat market by announcing the new rate starts on June 30. Show up Cravath for making associates wait until July.
Already happened. Someone's doing june 26
well fuck. guess all my hopes and dreams have come and gone.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 6:02 pm

NeverBanned wrote:I'm waiting for some firm to beat market by announcing the new rate starts on June 30. Show up Cravath for making associates wait until July.
Cravath associates are gonna be mad jelly when them June 30th cats are strutting around in cordovan Allen Edmonds bought with the extra $770

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 6:03 pm

McKool matched.

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smaug

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by smaug » Thu Jun 09, 2016 6:07 pm

Anonymous User wrote:McKool matched.
were they above market before?

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 6:09 pm

CAN ROPES, WH, AND GP WAKE UP?

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 6:09 pm

smaug wrote:
Anonymous User wrote:McKool matched.
were they above market before?
$5k above for first years but not any other year.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by TLSModBot » Thu Jun 09, 2016 6:09 pm

smaug wrote:
Anonymous User wrote:McKool matched.
were they above market before?
Yeah I thought they were at like 170

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by arklaw13 » Thu Jun 09, 2016 6:11 pm

Is proskauer posted yet? They matched mostly

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by goodxkarma » Thu Jun 09, 2016 6:13 pm

arklaw13 wrote:Is proskauer posted yet? They matched mostly
Yep.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 6:23 pm

shearman wake up

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Anonymous User » Thu Jun 09, 2016 6:25 pm

Anonymous User wrote:shearman wake up
SHEARMAN PLS (for all offices thx)

ETA: not a confirmation that we have heard anything. Just angst.

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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon to 160?!?)

Post by Single-Malt-Liquor » Thu Jun 09, 2016 6:26 pm

Anonymous User wrote:CAN ROPES, WH, AND GP WAKE UP?
Just wait. Laterals to Boston in DROVES

Seriously? What are you waiting for?

Now there's a charge.
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