NYC to 200k Forum

[OneTwoThreeFour]

Rumor, but: friend who has a family friend who is a Milbank partner says they budgeted to go up to 215 if firms try to one up them. Hoping this is true...

.000003% chance that a partner at Milbank told a friend who told a family member who told this guy about the finances of the firm.

But wasn't there also about a .000003% chance that Milbank would raise associate salaries?

Milbank to $215k confirmed.

There were a lot of rumors that Skadden and Kirkland all were ready to go to 215 back in 2016 if that's where the market moved to, but they ultimately did not have to do that since Cravath went to 180 and everyone else follows.

Hopefully someone takes us to 215!

[Anonymous User]

That's precisely why clients pay higher rates - ever check Chambers USA for Cravath + peers?

Cravath: "They're probably my favorite firm in the city. The younger partners involved were terrific, and even the associates were among the best lawyers I have ever worked with."

DPW: The team is "really rich with talent," according to one commentator, who also highlights their "outstanding senior and junior associates."

S&C: "They have a good breadth of knowledge, and the partners and senior associates are very responsive," says a client.

But THIS COMES AT A COST. These top-tier firm associates are super-stressed out worrying about every little thing. They worry more than partners at lower firms and, indeed, some of these associates bill more revenue than some partners at lower firms. That's why they should be paid more than associates at lower firms.

There is a scramble to enter the most elite law schools. And then there is a vicious, Hunger Games-like atmosphere at those elite law schools to take home the best grades in 1L. The ones who are actually able to do it end up at the above-mentioned law firms. The ones who are less adept at it end up at the firms right below. People who have "succeeded" in this system are generally neurotic and probably suffering from something in the DSM-5, but they're also damn good lawyers because everything that have had to do to end up there selects for those skills. They deserve to get paid more for living the life that they do.

lol dude you are delusional, please seek help

there are tons of fantastic trial attorneys who went to TTT law schools, but are effective because they are good at communicating and can put together coherent arguments

there are tons of fantastic prosecutors who also went to TTT law schools but are also fantastic attorneys

this has absolutely NOTHING to do with what people "deserve" and everything to do with market conditions, wake the fuck up

We found a prosecutor who went to a TTT law school. The feds are watchin!

[OneTwoThreeFour]

That's precisely why clients pay higher rates - ever check Chambers USA for Cravath + peers?

Cravath: "They're probably my favorite firm in the city. The younger partners involved were terrific, and even the associates were among the best lawyers I have ever worked with."

DPW: The team is "really rich with talent," according to one commentator, who also highlights their "outstanding senior and junior associates."

S&C: "They have a good breadth of knowledge, and the partners and senior associates are very responsive," says a client.

But THIS COMES AT A COST. These top-tier firm associates are super-stressed out worrying about every little thing. They worry more than partners at lower firms and, indeed, some of these associates bill more revenue than some partners at lower firms. That's why they should be paid more than associates at lower firms.

There is a scramble to enter the most elite law schools. And then there is a vicious, Hunger Games-like atmosphere at those elite law schools to take home the best grades in 1L. The ones who are actually able to do it end up at the above-mentioned law firms. The ones who are less adept at it end up at the firms right below. People who have "succeeded" in this system are generally neurotic and probably suffering from something in the DSM-5, but they're also damn good lawyers because everything that have had to do to end up there selects for those skills. They deserve to get paid more for living the life that they do.

lol dude you are delusional, please seek help

there are tons of fantastic trial attorneys who went to TTT law schools, but are effective because they are good at communicating and can put together coherent arguments

there are tons of fantastic prosecutors who also went to TTT law schools but are also fantastic attorneys

this has absolutely NOTHING to do with what people "deserve" and everything to do with market conditions, wake the fuck up

We found a prosecutor who went to a TTT law school. The feds are watchin!

lol brave anon use

stop trying to convince yourself that you deserve shit

there are Winston associates in Houston who are STYLIN on you while you slave over commas until midnight before heading back to the closet you call an "apartment"

have a good life breh

[Anonymous User]

That's precisely why clients pay higher rates - ever check Chambers USA for Cravath + peers?

Cravath: "They're probably my favorite firm in the city. The younger partners involved were terrific, and even the associates were among the best lawyers I have ever worked with."

DPW: The team is "really rich with talent," according to one commentator, who also highlights their "outstanding senior and junior associates."

S&C: "They have a good breadth of knowledge, and the partners and senior associates are very responsive," says a client.

But THIS COMES AT A COST. These top-tier firm associates are super-stressed out worrying about every little thing. They worry more than partners at lower firms and, indeed, some of these associates bill more revenue than some partners at lower firms. That's why they should be paid more than associates at lower firms.

There is a scramble to enter the most elite law schools. And then there is a vicious, Hunger Games-like atmosphere at those elite law schools to take home the best grades in 1L. The ones who are actually able to do it end up at the above-mentioned law firms. The ones who are less adept at it end up at the firms right below. People who have "succeeded" in this system are generally neurotic and probably suffering from something in the DSM-5, but they're also damn good lawyers because everything that have had to do to end up there selects for those skills. They deserve to get paid more for living the life that they do.

lol dude you are delusional, please seek help

there are tons of fantastic trial attorneys who went to TTT law schools, but are effective because they are good at communicating and can put together coherent arguments

there are tons of fantastic prosecutors who also went to TTT law schools but are also fantastic attorneys

this has absolutely NOTHING to do with what people "deserve" and everything to do with market conditions, wake the fuck up

We found a prosecutor who went to a TTT law school. The feds are watchin!

lol brave anon use

stop trying to convince yourself that you deserve shit

there are Winston associates in Houston who are STYLIN on you while you slave over commas until midnight before heading back to the closet you call an "apartment"

have a good life breh

That actually hits a little too close to home. I was just kidding man geez.

[Anonymous User]

That's precisely why clients pay higher rates - ever check Chambers USA for Cravath + peers?

Cravath: "They're probably my favorite firm in the city. The younger partners involved were terrific, and even the associates were among the best lawyers I have ever worked with."

DPW: The team is "really rich with talent," according to one commentator, who also highlights their "outstanding senior and junior associates."

S&C: "They have a good breadth of knowledge, and the partners and senior associates are very responsive," says a client.

But THIS COMES AT A COST. These top-tier firm associates are super-stressed out worrying about every little thing. They worry more than partners at lower firms and, indeed, some of these associates bill more revenue than some partners at lower firms. That's why they should be paid more than associates at lower firms.

There is a scramble to enter the most elite law schools. And then there is a vicious, Hunger Games-like atmosphere at those elite law schools to take home the best grades in 1L. The ones who are actually able to do it end up at the above-mentioned law firms. The ones who are less adept at it end up at the firms right below. People who have "succeeded" in this system are generally neurotic and probably suffering from something in the DSM-5, but they're also damn good lawyers because everything that have had to do to end up there selects for those skills. They deserve to get paid more for living the life that they do.

lol dude you are delusional, please seek help

there are tons of fantastic trial attorneys who went to TTT law schools, but are effective because they are good at communicating and can put together coherent arguments

there are tons of fantastic prosecutors who also went to TTT law schools but are also fantastic attorneys

this has absolutely NOTHING to do with what people "deserve" and everything to do with market conditions, wake the fuck up

We found a prosecutor who went to a TTT law school. The feds are watchin!

lol brave anon use

stop trying to convince yourself that you deserve shit

there are Winston associates in Houston who are STYLIN on you while you slave over commas until midnight before heading back to the closet you call an "apartment"

have a good life breh

lol stylin in their 10-gallon hats, leather boots w/ spurs, and bolo ties. I'll take NYC and my closet any day

[Traynor Brah]

That's precisely why clients pay higher rates - ever check Chambers USA for Cravath + peers?

Cravath: "They're probably my favorite firm in the city. The younger partners involved were terrific, and even the associates were among the best lawyers I have ever worked with."

DPW: The team is "really rich with talent," according to one commentator, who also highlights their "outstanding senior and junior associates."

S&C: "They have a good breadth of knowledge, and the partners and senior associates are very responsive," says a client.

But THIS COMES AT A COST. These top-tier firm associates are super-stressed out worrying about every little thing. They worry more than partners at lower firms and, indeed, some of these associates bill more revenue than some partners at lower firms. That's why they should be paid more than associates at lower firms.

There is a scramble to enter the most elite law schools. And then there is a vicious, Hunger Games-like atmosphere at those elite law schools to take home the best grades in 1L. The ones who are actually able to do it end up at the above-mentioned law firms. The ones who are less adept at it end up at the firms right below. People who have "succeeded" in this system are generally neurotic and probably suffering from something in the DSM-5, but they're also damn good lawyers because everything that have had to do to end up there selects for those skills. They deserve to get paid more for living the life that they do.

lol dude you are delusional, please seek help

there are tons of fantastic trial attorneys who went to TTT law schools, but are effective because they are good at communicating and can put together coherent arguments

there are tons of fantastic prosecutors who also went to TTT law schools but are also fantastic attorneys

this has absolutely NOTHING to do with what people "deserve" and everything to do with market conditions, wake the fuck up

+1 to the poster being completely delusional. I forget that people like this exist IRL.

[Anonymous User]

That's precisely why clients pay higher rates - ever check Chambers USA for Cravath + peers?

Cravath: "They're probably my favorite firm in the city. The younger partners involved were terrific, and even the associates were among the best lawyers I have ever worked with."

DPW: The team is "really rich with talent," according to one commentator, who also highlights their "outstanding senior and junior associates."

S&C: "They have a good breadth of knowledge, and the partners and senior associates are very responsive," says a client.

But THIS COMES AT A COST. These top-tier firm associates are super-stressed out worrying about every little thing. They worry more than partners at lower firms and, indeed, some of these associates bill more revenue than some partners at lower firms. That's why they should be paid more than associates at lower firms.

There is a scramble to enter the most elite law schools. And then there is a vicious, Hunger Games-like atmosphere at those elite law schools to take home the best grades in 1L. The ones who are actually able to do it end up at the above-mentioned law firms. The ones who are less adept at it end up at the firms right below. People who have "succeeded" in this system are generally neurotic and probably suffering from something in the DSM-5, but they're also damn good lawyers because everything that have had to do to end up there selects for those skills. They deserve to get paid more for living the life that they do.

lol dude you are delusional, please seek help

there are tons of fantastic trial attorneys who went to TTT law schools, but are effective because they are good at communicating and can put together coherent arguments

there are tons of fantastic prosecutors who also went to TTT law schools but are also fantastic attorneys

this has absolutely NOTHING to do with what people "deserve" and everything to do with market conditions, wake the fuck up

We found a prosecutor who went to a TTT law school. The feds are watchin!

lol brave anon use

stop trying to convince yourself that you deserve shit

there are Winston associates in Houston who are STYLIN on you while you slave over commas until midnight before heading back to the closet you call an "apartment"

have a good life breh

lol stylin in their 10-gallon hats, leather boots w/ spurs, and bolo ties. I'll take NYC and my closet any day

lol their Halloween parties probably involve a contest of who looks most like Sheriff Woody

[minnbills]

I wouldn't live in texas for $1 million a year.

[Stillblade]

I wouldn't live in texas for $1 million a year.

Do you hate freedom?

[Anonymous User]

I wouldn't live in texas for $1 million a year.

I would plz KE Houston office

[Anonymous User]

I haven't seen it mentioned, but OMM also matched at a townhall meeting.

[minnbills]

I wouldn't live in texas for $1 million a year.

Do you hate freedom?

I love freedom. That's why I live in NYC brah

[Anonymous User]

I wouldn't live in texas for $1 million a year.

Do you hate freedom?

I love freedom. That's why I live in NYC brah

True - it's where Trump is from.

[OneTwoThreeFour]

I haven't seen it mentioned, but OMM also matched at a townhall meeting.

[ghostoftraynor]

I didn't realize so many Columbia students have chips on the shoulder for not getting into Harvard.

[alphagamma]

I didn't realize so many Columbia students have chips on the shoulder for not getting into Harvard.

And so many V10 associates for not getting into Milbank.

[Stillblade]

I didn't realize so many Columbia students have chips on the shoulder for not getting into Harvard.

And so many V10 associates for not getting into Milbank.

One and the same, my friend.

[Clearly]

The longer comp leaders take to announce, the worse matching looks for them. I'm honestly starting to feel like 200 is quite likely. Judging by the number of firms not announcing yet, it seems to be an industry wide belief that it's pretty possible.

[Anonymous User]

Rumor, but: friend who has a family friend who is a Milbank partner says they budgeted to go up to 215 if firms try to one up them. Hoping this is true...

.000003% chance that a partner at Milbank told a friend who told a family member who told this guy about the finances of the firm.

But wasn't there also about a .000003% chance that Milbank would raise associate salaries?

Milbank to $215k confirmed.

There were a lot of rumors that Skadden and Kirkland all were ready to go to 215 back in 2016 if that's where the market moved to, but they ultimately did not have to do that since Cravath went to 180 and everyone else follows.

Hopefully someone takes us to 215!

Yeah I've actually heard these rumors from other people at a variety of firms and straight from a partner himself after the milbank news broke yesterday.

[toast and bananas]

ITT lots of NYC bros jelly of us Texans sitting over hear counting our FAT STACKS

[jimmythetulip]

I wouldn't live in texas for $1 million a year.

I bet you kneel for the National Anthem, too, don't you?

[Anonymous User]

The Texas lifestyle envy is strong ITT

[JohnnieSockran]

I mean texas sounds cool, but no beaches. That's why I pay my west coast premium and remain jelly of your big ass homes.

[OneTwoThreeFour]

ITT lots of NYC bros jelly of us Texans sitting over hear counting our FAT STACKS

Nah dude, why have 5 bedrooms plus a pool when you can just have a broom closet + "CULTURE"

[LaLiLuLeLo]

The longer comp leaders take to announce, the worse matching looks for them. I'm honestly starting to feel like 200 is quite likely. Judging by the number of firms not announcing yet, it seems to be an industry wide belief that it's pretty possible.

200 is very possible. Milbank has never been a comp leader and has always been a close follower. Likely they heard that a firm was moving and they wanted to get in front of it for the publicity, knowing they will have to raise anyway. And if it doesn’t work out and the firm they thought would move doesn’t, then that’s good too. Their PPP is very healthy and can afford the financial hit for the PREFSTIGE