Milbank/Davis Polk/Cravath Scale: NYC to 215-415k Forum

[Anonymous User]

In b4 "iS TOdAy tHE dAy?"

There's a chance it is! There's also a chance it isn't. I'd put the odds of each as somewhere between 0 and 100%.

[Anonymous User]

Okay, all joking aside, this can only be good. If they were going to match they would have already matched; it doesn't take 15 days to match. So there has to be some sort of internal debate re either or both: (a) how much to re-raise; (b) how much to set spring / fall bonuses. I'm more "good" with the situation now than I was a week ago when it could have been that DPW was just dragging ass before matching Milbank.

[Anonymous User]

Okay, all joking aside, this can only be good. If they were going to match they would have already matched; it doesn't take 15 days to match. So there has to be some sort of internal debate re either or both: (a) how much to re-raise; (b) how much to set spring / fall bonuses. I'm more "good" with the situation now than I was a week ago when it could have been that DPW was just dragging ass before matching Milbank.

This is what I originally thought. But what if said "internal debate" is so fraught that those partners wanting only a match win?

[Anonymous User]

Okay, all joking aside, this can only be good. If they were going to match they would have already matched; it doesn't take 15 days to match. So there has to be some sort of internal debate re either or both: (a) how much to re-raise; (b) how much to set spring / fall bonuses. I'm more "good" with the situation now than I was a week ago when it could have been that DPW was just dragging ass before matching Milbank.

This is what I originally thought. But what if said "internal debate" is so fraught that those partners wanting only a match win?

Then that dude's wedding will suck and nobody is going to get nice watches or be able to send their kids to school / raise a family in a high cost of living area.

[Anonymous User]

Okay, all joking aside, this can only be good. If they were going to match they would have already matched; it doesn't take 15 days to match. So there has to be some sort of internal debate re either or both: (a) how much to re-raise; (b) how much to set spring / fall bonuses. I'm more "good" with the situation now than I was a week ago when it could have been that DPW was just dragging ass before matching Milbank.

This is what I originally thought. But what if said "internal debate" is so fraught that those partners wanting only a match win?

Then that dude's wedding will suck and nobody is going to get nice watches or be able to send their kids to school / raise a family in a high cost of living area.

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

[Anonymous User]

Okay, all joking aside, this can only be good. If they were going to match they would have already matched; it doesn't take 15 days to match. So there has to be some sort of internal debate re either or both: (a) how much to re-raise; (b) how much to set spring / fall bonuses. I'm more "good" with the situation now than I was a week ago when it could have been that DPW was just dragging ass before matching Milbank.

This is what I originally thought. But what if said "internal debate" is so fraught that those partners wanting only a match win?

The length of silence almost necessitates some move beyond market or else they're going to look foolish at this point. Everyone is waiting for them to act.

[Anonymous User]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

[ElCuervo]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

[Anonymous User]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

No marble, it's this weird material that I'm not sure what it's called. Essentially the equivalent of linoleum but for counters.

[Wanderingdrock]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

No marble, it's this weird material that I'm not sure what it's called. Essentially the equivalent of linoleum but for counters.

So not https://www.youtube.com/watch?v=pK3se4G1Grs

[Anonymous User]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

If the material wasn't in the ground before it got to your kitchen, it's fake.

[ElCuervo]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

No marble, it's this weird material that I'm not sure what it's called. Essentially the equivalent of linoleum but for counters.

So not https://www.youtube.com/watch?v=pK3se4G1Grs

lol needed that

[Anonymous User]

Has anyone heard word from Kirkland and Ellis? I am hoping some of you are right and different firms are considering an even higher raise. Also, for those of us who have summer internships coming up do you think the new raise will apply to those internships?

[Anonymous User]

Has anyone heard word from Kirkland and Ellis? I am hoping some of you are right and different firms are considering an even higher raise. Also, for those of us who have summer internships coming up do you think the new raise will apply to those internships?

1. We haven't heard from Kirkland but they will obviously match wherever the market settles. They're not traditional market setters.

2. Yes, the overwhelming odds are that it will.

[warfare]

Has anyone heard word from Kirkland and Ellis? I am hoping some of you are right and different firms are considering an even higher raise. Also, for those of us who have summer internships coming up do you think the new raise will apply to those internships?

Yes it will apply to those internships.

IMO, if K&E was going to do it they probably already would have. They surely have the funds but have a ton of attorneys. They ought to consider it though, as penance for their disappointing bonuses last go round.

[Anonymous User]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

No marble, it's this weird material that I'm not sure what it's called. Essentially the equivalent of linoleum but for counters.

Eyyy me too (floors and counters) but mine are bright yellow counters. Gotta do the bathrooms first, that mold can't be good.

[Anonymous User]

Has anyone heard word from Kirkland and Ellis? I am hoping some of you are right and different firms are considering an even higher raise. Also, for those of us who have summer internships coming up do you think the new raise will apply to those internships?

Kirkland will never do anything as far as pushing compensation changes. They'll always match but they've solidly established their reputation as a stick in the mud.

[Anonymous User]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

No marble, it's this weird material that I'm not sure what it's called. Essentially the equivalent of linoleum but for counters.

Eyyy me too (floors and counters) but mine are bright yellow counters. Gotta do the bathrooms first, that mold can't be good.

The 80s were a wild time for interior design. My counters are yellowish but I think originally off white? Idk it's not great. And I peeled back a corner of the lino and there's literally 4 layers of lino there, each time they just slapped a new layer on top.

These people also had white carpet in the dining room. White. Carpet. Dining. Room. We ripped it up and there was half decent wood underneath, didn't cost much to polish.

[Anonymous User]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

No marble, it's this weird material that I'm not sure what it's called. Essentially the equivalent of linoleum but for counters.

Eyyy me too (floors and counters) but mine are bright yellow counters. Gotta do the bathrooms first, that mold can't be good.

The 80s were a wild time for interior design. My counters are yellowish but I think originally off white? Idk it's not great. And I peeled back a corner of the lino and there's literally 4 layers of lino there, each time they just slapped a new layer on top.

These people also had white carpet in the dining room. White. Carpet. Dining. Room. We ripped it up and there was half decent wood underneath, didn't cost much to polish.

Here we are Neil! You see this? We're discussing 1980s interior decorating philosophy. Is this what you wanted? Are you entertained?

[Anonymous User]

Just curious. Does anyone know if there is a deadline for matching within the year? Like no new matches would be made after the end of February for example.

[nealric]

And my kitchen, don't forget about my kitchen. It has linoleum flooring and fake counters. And the cabinets are falling apart.

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

No marble, it's this weird material that I'm not sure what it's called. Essentially the equivalent of linoleum but for counters.

Eyyy me too (floors and counters) but mine are bright yellow counters. Gotta do the bathrooms first, that mold can't be good.

The 80s were a wild time for interior design. My counters are yellowish but I think originally off white? Idk it's not great. And I peeled back a corner of the lino and there's literally 4 layers of lino there, each time they just slapped a new layer on top.

These people also had white carpet in the dining room. White. Carpet. Dining. Room. We ripped it up and there was half decent wood underneath, didn't cost much to polish.

Here we are Neil! You see this? We're discussing 1980s interior decorating philosophy. Is this what you wanted? Are you entertained?

Are you talking to me? I simply don't have the time or inclination to moderate every single instance of thread drift. TLS doesn't have very many moderators, and we aren't paid for what we do. If people start ranting about politics or flaming each-other, I will step in if reported. If people want to talk about carpeted 80s dining rooms, I really don't care as long as it doesn't swallow the whole thread.

[Anonymous User]

Linoleum flooring and fake counters? God gives the hardest battles to his strongest soldiers. I hope you manage to create a habitable kitchen soon!

What, exactly, makes a counter fake? Like, you lean on it, and it falls? Or you set your lobster on it, and it just slides off?

No marble, it's this weird material that I'm not sure what it's called. Essentially the equivalent of linoleum but for counters.

Eyyy me too (floors and counters) but mine are bright yellow counters. Gotta do the bathrooms first, that mold can't be good.

The 80s were a wild time for interior design. My counters are yellowish but I think originally off white? Idk it's not great. And I peeled back a corner of the lino and there's literally 4 layers of lino there, each time they just slapped a new layer on top.

These people also had white carpet in the dining room. White. Carpet. Dining. Room. We ripped it up and there was half decent wood underneath, didn't cost much to polish.

Here we are Neil! You see this? We're discussing 1980s interior decorating philosophy. Is this what you wanted? Are you entertained?

Are you talking to me? I simply don't have the time or inclination to moderate every single instance of thread drift. TLS doesn't have very many moderators, and we aren't paid for what we do. If people start ranting about politics or flaming each-other, I will step in if reported. If people want to talk about carpeted 80s dining rooms, I really don't care as long as it doesn't swallow the whole thread.

I think that anon was addressing Neil Barr (who I can only assume is following this thread with close interest).

[Anonymous User]

Just curious. Does anyone know if there is a deadline for matching within the year? Like no new matches would be made after the end of February for example.

If there was a deadline this whole thing would be even more antitrust-y than it already is. But informally, end of February is probably a good guess for the time by which all the major firms should have matched.

[Anonymous User]

Just curious. Does anyone know if there is a deadline for matching within the year? Like no new matches would be made after the end of February for example.

Yes, NALP rule 3.2 (which roughly corresponds to ABA rule 52.2) requires that if a market paying firm raises, all other firms must match within no more than 90 days to continue to be considered "market." Any firm that does not match within the specified period will lose "market" distinction and is subject to exclusion from T3 and CLS OCI. There are also some provisions about automatic penalization in the Vault rankings by no less than 5 rankings spots, but those seem dependent on factors like how big the raise is, how many other firms matched, etc. and it gets a big murky.

Is that the deadline you were thinking of?

[mtf612]

Just curious. Does anyone know if there is a deadline for matching within the year? Like no new matches would be made after the end of February for example.

If there was a deadline this whole thing would be even more antitrust-y than it already is. But informally, end of February is probably a good guess for the time by which all the major firms should have matched.

I'm looking forward to the DPW match in early December, retroactive to January 1.