NYC to 200k Forum

[LaLiLuLeLo]

can we just focus on churning out unsubstantiated rumors about 215k, something the people really want?

I actually heard Kirkland to 210k. But I doubt it. They’ll keep their brownies but not raise base.

[toast and bananas]

So is OMM confirmed?

I don't intend to trash you. I just hope you turn things around with your mental health. Some of us are pulling for you.

You said this before, but your threads are all about anger and I guess you're projecting. There's no need to shut people down for talking about your firm. Any wayz, just wanted to call you out.

This was me lawposeidon clicked wrong reply.

I'm sorry you have so much hate for me personally. Wish you the best.

Haven't we done a thing before where we quarantine head to head nonsense like this to its own thread?

[Big Red]

can we just focus on churning out unsubstantiated rumors about 215k, something the people really want?

We could pass the time discussing the best ways to spend that sweet extra $35k

Vanguard

[Anonymous User]

I'm sorry you have so much hate for me personally. Wish you the best.

I don't have any hate for you stop projecting. I don't know who you are. I was just wondering why you went after me earlier and now I know. I'll shutup this is taking away from the drama of this thread. Good luck all on raises.

Edit: lawposeidon again clicked wrong reply.

[Anonymous User]

how come only the second tier matched to 190. I'm picturing v10 executive committee members smoking cigars in a dark room signing a price-fixing agreement that Kirkland drafted.

[Emma.]

I can't wait for these raises to play themselves out so I don't have to go to TLS for another 2+ years.

[Anonymous User]

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.

Assuming you are in biglaw, how often do you go to the beach?

I could fly to Cali twice a month and still come out ahead. And Texans tends to work less absurd hours than striver New Yorkers so the flight time is nbd.

[Anonymous User]

can we just focus on churning out unsubstantiated rumors about 215k, something the people really want?

I actually heard Kirkland to 210k. But I doubt it. They’ll keep their brownies but not raise base.

I'm a K&E associate. K&E hasn't raised.

how come only the second tier matched to 190. I'm picturing v10 executive committee members smoking cigars in a dark room signing a price-fixing agreement that Kirkland drafted.

fuck, I bet there was a "Kirkland University" program on this in the past year. KU 401: Introduction to Salary Suppression

[OneTwoThreeFour]

can we just focus on churning out unsubstantiated rumors about 215k, something the people really want?

My friend's dad is John Cravath, he said 215 is fucking confirmed.

[Anonymous User]

how come only the second tier matched to 190. I'm picturing v10 executive committee members smoking cigars in a dark room signing a price-fixing agreement that Kirkland drafted.

There needs to be some antitrust investigation of collusion between law firms, because it is nonsensical that PPP has gone up by 50-100% at all firms since 2007 and yet associate compensation has actually gone down over the past 11 years (look it up; $40k bonuses for first-years in '07).

[minnbills]

I think 200k is the most likely outcome here. Cravath will move and everyone else will fall in line.

Kirkland has no need to go further. Their business model is anti-lockstep anyway.

[Anonymous User]

how come only the second tier matched to 190. I'm picturing v10 executive committee members smoking cigars in a dark room signing a price-fixing agreement that Kirkland drafted.

There needs to be some antitrust investigation of collusion between law firms, because it is nonsensical that PPP has gone up by 50-100% at all firms since 2007 and yet associate compensation has actually gone down over the past 11 years (look it up; $40k bonuses for first-years in '07).

find your antitrust outline and ctrl+f for "conscious parallelism "

[Anonymous User]

can we just focus on churning out unsubstantiated rumors about 215k, something the people really want?

We could pass the time discussing the best ways to spend that sweet extra $35k

Vanguard

Is this the move? Don't wanna get into the substance here, but I'd love any recs for good threads on getting into this kind of stuff (ideally providing insight into how to account for debt, etc.)

[LaLiLuLeLo]

can we just focus on churning out unsubstantiated rumors about 215k, something the people really want?

I actually heard Kirkland to 210k. But I doubt it. They’ll keep their brownies but not raise base.

I'm a K&E associate. K&E hasn't raised.

how come only the second tier matched to 190. I'm picturing v10 executive committee members smoking cigars in a dark room signing a price-fixing agreement that Kirkland drafted.

fuck, I bet there was a "Kirkland University" program on this in the past year. KU 401: Introduction to Salary Suppression

Shun the nonbeliever

[jimmythetulip]

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

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

lol you created a profile just to shitpost?

Long-time listener, first-time caller.

[toast and bananas]

can we just focus on churning out unsubstantiated rumors about 215k, something the people really want?

We could pass the time discussing the best ways to spend that sweet extra $35k

Vanguard

Is this the move? Don't wanna get into the substance here, but I'd love any recs for good threads on getting into this kind of stuff (ideally providing insight into how to account for debt, etc.)

http://www.top-law-schools.com/forums/v ... 3&t=272809

[pereira6]

not sure why you folks aren't posting elsewhere for discussion

[LaLiLuLeLo]

not sure why you folks aren't posting elsewhere for discussion

I like watching trainwrecks

[Anonymous User]

can we just focus on churning out unsubstantiated rumors about 215k, something the people really want?

We could pass the time discussing the best ways to spend that sweet extra $35k

Vanguard

Is this the move? Don't wanna get into the substance here, but I'd love any recs for good threads on getting into this kind of stuff (ideally providing insight into how to account for debt, etc.)

http://www.top-law-schools.com/forums/v ... 3&t=272809

Thank you!!!

not sure why you folks aren't posting elsewhere for discussion

Just asked for rec based on a comment. Figured it would end there (as it should)

[yomisterd]

How many Debevoise associates do we have in this thread?

Out of that list, K&E is the one that does not belong, not Debevoise. Like DPW, CSM and CGSH, the median lawyer at Debevoise attended Columbia; the median lawyer at Kirkland attended Cornell.

companies don’t care where the associates at the law firm they hire went to school.

spotted the straight through

[Single-Malt-Liquor]

I can't wait for these raises to play themselves out so I don't have to go to TLS for another 2+ years.

[Anonymous User]

how come only the second tier matched to 190. I'm picturing v10 executive committee members smoking cigars in a dark room signing a price-fixing agreement that Kirkland drafted.

There needs to be some antitrust investigation of collusion between law firms, because it is nonsensical that PPP has gone up by 50-100% at all firms since 2007 and yet associate compensation has actually gone down over the past 11 years (look it up; $40k bonuses for first-years in '07).

I agree. I was told by an associate at a top plaintiffs trial law firm that s/he knows *as fact* that his firm has an agreement not to hire from peer firms, a la: https://en.wikipedia.org/wiki/High-Tech ... Litigation

Everyone would recognize the name of the firm.

I increasingly suspect this is why *no* true plaintiff's firm (excluding susman, quinn, etc.) pays associates over about $120K. Not one. They all just pretend their "black box" bonuses will make up the difference someday (Spoiler alert: they don't. Most of those firms increase bonuses about $5K/year in lockstep fashion no matter how many billion dollar settlements they secure. Their associates get fed up after a few years and lateral to the highest bidder).

It is entirely plausible the plaintiffs bar could work out salary suppression agreements, as they meet at annual conventions that include tightly controlled secret meetings (I know because I attended once - not the closed meetings, but the convention). Definitely ample opportunity for a meeting of the minds.

That said, I still only know this second-hand. Could be a fair amount of conscious parallelism.

I haven't heard any comparable allegations about biglaw - I think it's actually more likely that the biglaw associate salary market is competitive and non-collusive. But not sure.

[Anonymous User]

So what's take home pay at 190k? NY will get an extra 6-7k in disposable income in our first year?

200k would be great.

THE MILBANK SCALE! Just keep repeating it until someone bumps us to 200k!

THE MILBANK SCALE!

[Anonymous User]

So what's take home pay at 190k? NY will get an extra 6-7k in disposable income in our first year?

200k would be great.

THE MILBANK SCALE! Just keep repeating it until someone bumps us to 200k!

THE MILBANK SCALE!

Yep, another ~6k after tax.

[Anonymous User]

So what's take home pay at 190k? NY will get an extra 6-7k in disposable income in our first year?

200k would be great.

THE MILBANK SCALE! Just keep repeating it until someone bumps us to 200k!

THE MILBANK SCALE!

Yep, another ~6k after tax.

If you go onto ADP, for 190k, semi-monthly is $4799. 180k is 4595.

So roughly 5500.