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 » Fri Jun 10, 2016 11:13 am

Sidley Chicago summers got raise confirmation this morning via email (official memo went out yesterday, but was silent on whether summers would be joining the reindeer games).

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

Post by Anonymous User » Fri Jun 10, 2016 11:15 am

Anonymous User wrote:Hogan US's PPP, for example, is over $2m now...JD's US numbers are presumably way above that average too.
Source? Don't doubt you, but interested in any public data.

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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 » Fri Jun 10, 2016 11:17 am

SKADDEN BROS buying mistresses STUDDED CARTIER watches while CovingTTTon BETAS have to fire their nannies and have their MOTHER-IN-LAWS move in to help with their cuckold spawn.

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Big Shrimpin

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

Post by Big Shrimpin » Fri Jun 10, 2016 11:22 am

Single-Malt-Liquor wrote:SKADDEN BROS buying mistresses STUDDED CARTIER watches while CovingTTTon BETAS have to fire their nannies and have their MOTHER-IN-LAWS move in to help with their cuckold spawn.
i spit coffee all over my keyboard thx

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Monochromatic Oeuvre

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

Post by Monochromatic Oeuvre » Fri Jun 10, 2016 11:22 am

Spotted in Foggy Bottom

Image

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

Post by Anonymous User » Fri Jun 10, 2016 11:23 am

MoFo associate here. It seems like the firm would have to match but there has been radio silence on the topic as of yet. Associates in all offices are fairly frustrated.

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Br3v

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

Post by Br3v » Fri Jun 10, 2016 11:25 am

cov bros SCOLDED for not wiping down SWEATY equipment at GOLDS gym while winston bros rock 5.5" inseams to show BRAWNY thighs acquired from SOUL CYCLE and dab foreheads with eucalyptus scented towels from EQUINOX

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

Post by pancakes3 » Fri Jun 10, 2016 11:29 am

Single-Malt-Liquor wrote:SKADDEN BROS buying mistresses STUDDED CARTIER watches while CovingTTTon BETAS have to fire their nannies and have their MOTHER-IN-LAWS move in to help with their cuckold spawn.
These have all been great but this one is legendary.

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

Post by imalreadyamember? » Fri Jun 10, 2016 11:32 am

Anybody got speculation on Cadwalader? I notice they're not in the poll, but could they be the next (CWTTT)?

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

Post by dailygrind » Fri Jun 10, 2016 11:34 am

imalreadyamember? wrote:Anybody got speculation on Cadwalader? I notice they're not in the poll, but could they be the next (CWTTT)?
Maybe, maybe they could pass up on matching in Charlotte (have the firms with major Charlotte offices matched? I have no idea), but there's no way they can avoid matching in NYC, and it's looking a lot like DC will be a 180 market too.

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

Post by Anonymous User » Fri Jun 10, 2016 11:35 am

Radio silence at White & Case.... or should I say, WhiTTTe & Case.

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Big Shrimpin

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

Post by Big Shrimpin » Fri Jun 10, 2016 11:35 am

Good work all. High level of execution here.

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

Post by Monochromatic Oeuvre » Fri Jun 10, 2016 11:37 am

imalreadyamember? wrote:Anybody got speculation on Cadwalader? I notice they're not in the poll, but could they be the next (CWTTT)?
In 2007 they matched in something like 20 minutes. That was back when they were one of the ten most profitable firms.

Now that their PPP has plateaued or worse even while their leverage has increased, and a move to $180k would be 7% of their PPP...their silence is very interesting.

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

Post by Anonymous User » Fri Jun 10, 2016 11:40 am

Any speculation/rumors regarding GDC? Looks like back in 2007 it took them until May to match the bump to 160 that occurred in January. But I assumed firms would want to make the call before July, when OCI bidding cranks up.

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

Post by Anonymous User » Fri Jun 10, 2016 11:41 am

dailygrind wrote:
imalreadyamember? wrote:Anybody got speculation on Cadwalader? I notice they're not in the poll, but could they be the next (CWTTT)?
Maybe, maybe they could pass up on matching in Charlotte (have the firms with major Charlotte offices matched? I have no idea), but there's no way they can avoid matching in NYC, and it's looking a lot like DC will be a 180 market too.
I think Winston matched in Charlotte. Dechert is Cadwalader's competition in Charlotte though (same-ish practice groups and also pays 160 currently), so whether they match for all offices will make a big difference. They both could get away with staying at 160 -- that's like $400,000 a year in NY dollars already.

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

Post by Anonymous User » Fri Jun 10, 2016 11:41 am

Monochromatic Oeuvre wrote:
imalreadyamember? wrote:Anybody got speculation on Cadwalader? I notice they're not in the poll, but could they be the next (CWTTT)?
In 2007 they matched in something like 20 minutes. That was back when they were one of the ten most profitable firms.

Now that their PPP has plateaued or worse even while their leverage has increased, and a move to $180k would be 7% of their PPP...their silence is very interesting.
If Brown Rudnick can raise, anyone can...well...except CovingTTTon with their elite PPP

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

Post by imalreadyamember? » Fri Jun 10, 2016 11:43 am

dailygrind wrote:
imalreadyamember? wrote:Anybody got speculation on Cadwalader? I notice they're not in the poll, but could they be the next (CWTTT)?
Maybe, maybe they could pass up on matching in Charlotte (have the firms with major Charlotte offices matched? I have no idea), but there's no way they can avoid matching in NYC, and it's looking a lot like DC will be a 180 market too.
I've been told their Charlotte office's cap markets practice (their main thing) is more profitable than the group in NY. So I'd hope they'd throw a bone for that. Then again, $180k in Charlotte is stupid high.

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

Post by Big Shrimpin » Fri Jun 10, 2016 11:44 am

Anonymous User wrote:
Monochromatic Oeuvre wrote:
imalreadyamember? wrote:Anybody got speculation on Cadwalader? I notice they're not in the poll, but could they be the next (CWTTT)?
In 2007 they matched in something like 20 minutes. That was back when they were one of the ten most profitable firms.

Now that their PPP has plateaued or worse even while their leverage has increased, and a move to $180k would be 7% of their PPP...their silence is very interesting.
If Brown Rudnick can raise, anyone can...well...except CovingTTTon with their elite PPP
I think you mean TPD.

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

Post by Anonymous User » Fri Jun 10, 2016 11:47 am

imalreadyamember? wrote:
dailygrind wrote:
imalreadyamember? wrote:Anybody got speculation on Cadwalader? I notice they're not in the poll, but could they be the next (CWTTT)?
Maybe, maybe they could pass up on matching in Charlotte (have the firms with major Charlotte offices matched? I have no idea), but there's no way they can avoid matching in NYC, and it's looking a lot like DC will be a 180 market too.
I've been told their Charlotte office's cap markets practice (their main thing) is more profitable than the group in NY. So I'd hope they'd throw a bone for that. Then again, $180k in Charlotte is stupid high.
Current CWT associate and can confirm this. The Charlotte office does NY work for NY clients for way lower overhead. They clean up.

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

Post by jbagelboy » Fri Jun 10, 2016 11:51 am

Single-Malt-Liquor wrote:SKADDEN BROS buying mistresses STUDDED CARTIER watches while CovingTTTon BETAS have to fire their nannies and have their MOTHER-IN-LAWS move in to help with their cuckold spawn.
comin in hawt

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Post by soj » Fri Jun 10, 2016 11:55 am

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

Post by bruinfan10 » Fri Jun 10, 2016 12:01 pm

Single-Malt-Liquor wrote:SKADDEN BROS buying mistresses STUDDED CARTIER watches while CovingTTTon BETAS have to fire their nannies and have their MOTHER-IN-LAWS move in to help with their cuckold spawn.
sweet christ

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

Post by Anonymous User » Fri Jun 10, 2016 12:02 pm

soj wrote:SML dropping the mic on cov on page 160. perfect timing
CovingTTTon associates panhandling in front of Skadden

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

Post by Anonymous User » Fri Jun 10, 2016 12:03 pm

Associate Reps at MoFo told us that partners had committed to commenting by next week. Given how quickly this thing is moving, I would expect they announce match next week. Can't imagine we are going to let firms like Cooley and Fenwick pay more than us in SF.

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

Post by Anonymous User » Fri Jun 10, 2016 12:03 pm

Anonymous User wrote:Radio silence at White & Case.... or should I say, WhiTTTe & Case.
But wait. At the SA meeting last summer they told me all about how being "one firm worldwide (tm) (not based in NY guys!)" has made them so elite and strong and constantly moving up Amlaw... They see their peers as Skadden, P,W, not sweaTTTshops like Cadwalader! That means they're just figuring out how to raise to $190 in all offices (ONE firm worldwide, amirite) before they announce?

You must just not be privy to the secret meetings

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