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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androstan

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

Post by androstan » Tue Jun 14, 2016 4:03 pm

goodxkarma wrote:I bet Sterne will. IP boutiques with strong litigation practices have every reason to move, since many of their GP competitors are moving.

Not sure about the others, or about how much precedent there is for prosecution-heavy firms to raise.
Pretty sure Sterne is at 145 right now, like many of the DC IP boutiques.

imalreadyamember?

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

Post by imalreadyamember? » Tue Jun 14, 2016 4:04 pm

THREAD TO 190

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

Post by Anonymous User » Tue Jun 14, 2016 4:05 pm

It's costing non matching firms a lot for associates to sit in their office answering recruiters and refreshing their resumes

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Big Shrimpin

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

Post by Big Shrimpin » Tue Jun 14, 2016 4:07 pm

imalreadyamember? wrote:THREAD TO 190

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Big Shrimpin

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

Post by Big Shrimpin » Tue Jun 14, 2016 4:07 pm

Anonymous User wrote:It's costing non matching firms a lot for associates to sit in their office answering recruiters and refreshing their resumes
Ver tru

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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 » Tue Jun 14, 2016 4:09 pm

Big Shrimpin wrote:
imalreadyamember? wrote:THREAD TO 190
PAY THE ATTTORNEYS WHAT THEY DESERVE!!!

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DELG

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

Post by DELG » Tue Jun 14, 2016 4:10 pm

Single-Malt-Liquor wrote:
Big Shrimpin wrote:
imalreadyamember? wrote:THREAD TO 190
PAY THE ATTTORNEYS WHAT THEY DESERVE!!!
No no no don't do that

Just pay us market

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Tiago Splitter

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

Post by Tiago Splitter » Tue Jun 14, 2016 4:12 pm

Who's next in the crosshairs? Jones Day?

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DELG

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

Post by DELG » Tue Jun 14, 2016 4:13 pm

Tiago Splitter wrote:Who's next in the crosshairs? Jones Day?
SRZ

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

Post by Anonymous User » Tue Jun 14, 2016 4:15 pm

Anonymous User wrote:
Capitol_Idea wrote:
Generally wrote:
Capitol_Idea wrote:
Actus Reus wrote:
Anonymous User wrote:Thoughts on whether Alston & Bird might match, or at least bump associates' salaries?
Alston probably going to flip the Bird at its associates.

Sorry, man. Hate to be the one to break it to you.
Last time around they waited two months, and didn't uniformly go to 160. It took them 7 months just to get Atlanta up to 145K. I wouldn't hold my breath for A&B TO 180!!!
Atlanta is still $135 I thought?
Maybe post-recession, but this says they raised to 145K at one point.
Idk about A&B, but when I received an offer from K&S Atlanta in the fall, they were still at $135k.
Yeah, K&S scale in ATL is 135, 140, 150. Which is laughable for their PPP.

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

Post by Anonymous User » Tue Jun 14, 2016 4:19 pm

Any thoughts on Miami market?

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DELG

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

Post by DELG » Tue Jun 14, 2016 4:20 pm

Anonymous User wrote:Any thoughts on Miami market?
oh bite me you get to live in miami

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

Post by Anonymous User » Tue Jun 14, 2016 4:20 pm

androstan wrote:
goodxkarma wrote:I bet Sterne will. IP boutiques with strong litigation practices have every reason to move, since many of their GP competitors are moving.

Not sure about the others, or about how much precedent there is for prosecution-heavy firms to raise.
Pretty sure Sterne is at 145 right now, like many of the DC IP boutiques.
I think this is right. But the shops that more directly compete with GP firms for associates have more reason to match. I'd think Fish and Finnegan would match. Don't have much of a guess for the other boutiques.

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Actus Reus

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

Post by Actus Reus » Tue Jun 14, 2016 4:22 pm

Anonymous User wrote:Any thoughts on Miami market?
.

miami to BOTTLE SERVICE AT LIV

Mr. Peanutbutter

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

Post by Mr. Peanutbutter » Tue Jun 14, 2016 4:27 pm

DELG wrote:
Tiago Splitter wrote:Who's next in the crosshairs? Jones Day?
SRZ
Are they normally this slow?

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

Post by Anonymous User » Tue Jun 14, 2016 4:29 pm

Thoughts on Portland market?

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gk101

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

Post by gk101 » Tue Jun 14, 2016 4:29 pm

Anonymous User wrote:
androstan wrote:
goodxkarma wrote:I bet Sterne will. IP boutiques with strong litigation practices have every reason to move, since many of their GP competitors are moving.

Not sure about the others, or about how much precedent there is for prosecution-heavy firms to raise.
Pretty sure Sterne is at 145 right now, like many of the DC IP boutiques.
I think this is right. But the shops that more directly compete with GP firms for associates have more reason to match. I'd think Fish and Finnegan would match. Don't have much of a guess for the other boutiques.
sterne is at 160k currently as far as I know

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

Post by Anonymous User » Tue Jun 14, 2016 4:30 pm

Anonymous User wrote:I wish CWT would just raise NY already. Charlotte can stay at 160 for a couple years, they'll be fine.
You shut your mouth.

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

Post by Anonymous User » Tue Jun 14, 2016 4:32 pm

Also interested in Miami. Any one have any info?

As far as I know, Hogan and Baker, which were previously at 145, will increase pay but not up to NY (probably around 160 or so). W&C Miami seems to be playing wait-and-see, but was at 155 previously (10k above market) and will will likely do something similar to what Hogan and Baker are doing. That leaves DLA and MWE as the only firms (aside from Boies and Weil) who could match 180 and pressure the others to follow (but I doubt it). It will be interesting to see if the Florida-based firms that are paying 145 -- HK, Bilzin, GT, Akerman, etc. -- will feel the need to raise.

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

Post by Anonymous User » Tue Jun 14, 2016 4:36 pm

Anonymous User wrote:Also interested in Miami. Any one have any info?

As far as I know, Hogan and Baker, which were previously at 145, will increase pay but not up to NY (probably around 160 or so). W&C Miami seems to be playing wait-and-see, but was at 155 previously (10k above market) and will will likely do something similar to what Hogan and Baker are doing. That leaves DLA and MWE as the only firms (aside from Boies and Weil) who could match 180 and pressure the others to follow (but I doubt it). It will be interesting to see if the Florida-based firms that are paying 145 -- HK, Bilzin, GT, Akerman, etc. -- will feel the need to raise.
I don't have info on Miami, but as a secondary market person myself I assume salaries will go, for example, from 145k to like 155k or 160k. I think the point is that the offices in secondary markets still have to be attractive enough to good students to lure them away from larger cities.

Edit: And attract laterals

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Post by soj » Tue Jun 14, 2016 4:38 pm

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

Post by Anonymous User » Tue Jun 14, 2016 4:39 pm

gk101 wrote:
Anonymous User wrote:
androstan wrote:
goodxkarma wrote:I bet Sterne will. IP boutiques with strong litigation practices have every reason to move, since many of their GP competitors are moving.

Not sure about the others, or about how much precedent there is for prosecution-heavy firms to raise.
Pretty sure Sterne is at 145 right now, like many of the DC IP boutiques.
I think this is right. But the shops that more directly compete with GP firms for associates have more reason to match. I'd think Fish and Finnegan would match. Don't have much of a guess for the other boutiques.
sterne is at 160k currently as far as I know
Did they increase in past 12 months? Heard from someone last summer they were at ~145k.

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androstan

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

Post by androstan » Tue Jun 14, 2016 4:44 pm

Anonymous User wrote:
gk101 wrote:
Anonymous User wrote:
androstan wrote:
goodxkarma wrote:I bet Sterne will. IP boutiques with strong litigation practices have every reason to move, since many of their GP competitors are moving.

Not sure about the others, or about how much precedent there is for prosecution-heavy firms to raise.
Pretty sure Sterne is at 145 right now, like many of the DC IP boutiques.
I think this is right. But the shops that more directly compete with GP firms for associates have more reason to match. I'd think Fish and Finnegan would match. Don't have much of a guess for the other boutiques.
sterne is at 160k currently as far as I know
Did they increase in past 12 months? Heard from someone last summer they were at ~145k.
Same. If they are at 160 it was a fairly recent development.

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

Post by Anonymous User » Tue Jun 14, 2016 5:01 pm

has anyone contemplated sending a screenshot of a fake press release from your firm announcing 180 to ATL just for the lulz? I am not above it.

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DELG

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

Post by DELG » Tue Jun 14, 2016 5:03 pm

Anonymous User wrote:has anyone contemplated sending a screenshot of a fake press release from your firm announcing 180 to ATL just for the lulz? I am not above it.
I think that's exactly how this thread caused cravath to 180

but ATL calls the firm to confirm so it probably won't work

Seriously? What are you waiting for?

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


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