NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon does a 180! Holder wept.) Forum

[Anonymous User]

Foley cockteased today. Probably no decision until after an end-of-the-month management committee meeting.

That's such horse s*it. They can have a phone call and make the raise. They are just trying to buy themselves a month without having to make the raise and keep the difference in their own pockets.

[Big Shrimpin]

Had practice group lunch scheduled. It was cancelled pending an important announcement and an accompanying meeting. Announcement finally came: new partner in our office. And the lunch was downgraded to appetizers. So now I have no raise and no lunch. THANKS

teh IRON CHAINZ of NOLUNCH

[Anonymous User]

Had practice group lunch scheduled. It was cancelled pending an important announcement and an accompanying meeting. Announcement finally came: new partner in our office. And the lunch was downgraded to appetizers. So now I have no raise and no lunch. THANKS

What firm? Could this be a tease and then announcement to come later in the day?

[WhiteCollarBlueShirt]

So to recap, a Crowell and Moring Anchorage 2nd year now makes more than a Jones Day NY 3rd year?

except, there do not appear to be any Crowell and Moring Anchorage associates, but awesome for the guy in Cheyenne if that's true.

[Anonymous User]

Had practice group lunch scheduled. It was cancelled pending an important announcement and an accompanying meeting. Announcement finally came: new partner in our office. And the lunch was downgraded to appetizers. So now I have no raise and no lunch. THANKS

What firm? Could this be a tease and then announcement to come later in the day?

Morgan Lewis.

[nahumya]

Is it possible to update the poll?

[Anonymous User]

Had practice group lunch scheduled. It was cancelled pending an important announcement and an accompanying meeting. Announcement finally came: new partner in our office. And the lunch was downgraded to appetizers. So now I have no raise and no lunch. THANKS

What firm? Could this be a tease and then announcement to come later in the day?

Morgan Lewis.

I'm the one who asked, and I figured that was it. Felt a little teased getting an email from the Chair of the Firm hours after Dechert announced their match.

[Anonymous User]

Is it possible to update the poll?

+1

[Anonymous User]

Had practice group lunch scheduled. It was cancelled pending an important announcement and an accompanying meeting. Announcement finally came: new partner in our office. And the lunch was downgraded to appetizers. So now I have no raise and no lunch. THANKS

What firm? Could this be a tease and then announcement to come later in the day?

Morgan Lewis.

I'm the one who asked, and I figured that was it. Felt a little teased getting an email from the Chair of the Firm hours after Dechert announced their match.

My only hope is that maybe there was a final approval of a salary bump in the same meeting that finalized the new partner announcement.

[Anonymous User]

<3 ATL: http://abovethelaw.com/2016/06/law-firm ... pensation/

[Big Shrimpin]

<3 ATL: http://abovethelaw.com/2016/06/law-firm ... pensation/

lolzzzzz too easy

[bern victim]

Had practice group lunch scheduled. It was cancelled pending an important announcement and an accompanying meeting. Announcement finally came: new partner in our office. And the lunch was downgraded to appetizers. So now I have no raise and no lunch. THANKS

What firm? Could this be a tease and then announcement to come later in the day?

Morgan Lewis.

I'm the one who asked, and I figured that was it. Felt a little teased getting an email from the Chair of the Firm hours after Dechert announced their match.

My only hope is that maybe there was a final approval of a salary bump in the same meeting that finalized the new partner announcement.

the meeting was to decide whether to raise associate salaries or use that money to pay a new partner

[Anonymous User]

ManaTTT went from $125k then to $150k recently. Why in the world would they go to $180k? They haven't paid market in years.

Isn't the gap for the firms that are paying $145k/150k too large now (now that most large firms are at 180k) for them to stay at the same level? its a $35k difference!

I'm at a firm making $150k and I'm not very optimistic about getting any sort of raise (let alone to $180 - that'll never happen) in the near future. esp considering that not even all of the market has moved yet - what's the motivation to give raises?

To attract people in OCI and attorneys in general. I chose my firm paying $145k over $160k firms because I really liked the firm and the people there and the $15k difference was tolerable. But $35k is kinda hard to justify even if you love the firm.

Yeah I mean, I made that choice too (firms I turned down haven't gone to 180 yet though). it's not clear to me that these firms really compete for talent at oci with firms paying 180 (but I also don't know much about recruiting - and I don't think many people would choose 150 over 180). Agreed that it will make attracting laterals a lot tougher though.

It's just hard for me to think they'll be motivated to move as quickly as we'd all like, but I'd love to be wrong.

I made the same choice of turning down 160K for 145K. Since then, they have gone to (now the old) market of 160K. The firms I turned down went to 180K, so I'm at a 20K difference. I'll still be very glad to be at my firm but agree that, for better or worse, very few people will likely neglect the 20K difference, even after taxes.

[Anonymous User]

Foley cockteased today. Probably no decision until after an end-of-the-month management committee meeting.

what did they say? I'm assuming SA at the retreat?

[WinSome]

We have our new CovingTTTon! http://abovethelaw.com/2016/06/one-firm ... ise-thing/

[Anonymous User]

Where is Greenberg???

[Anonymous User]

Ridin that SeyfarTTT RICKSHAW while Crowell & MONEY associates fly PRIVATE JET$ to Cheyenne office

[LaLiLuLeLo]

We have our new CovingTTTon! http://abovethelaw.com/2016/06/one-firm ... ise-thing/

Would hate to be an associate at SeyfarTTT

[PeanutsNJam]

Is it really so bad for partners to take a 40k/year paycut? After taxes they only lose like 15k in real income. That's chump change to them.

[Anonymous User]

CROWELL bros in Cheyenne OUTPOST feasting on 45-day aged RIBEYE, while SeyfarTTT serfs wipe away NORAISE tears on COLD CUT sammiches laid out in BREAK ROOM, no chips.

[Anonymous User]

Virile CROWELL alphas jerking it to PAID subscription of BANG BROS in their 4K THEATER ROOM with DOLBY surround sound while indigent SEYFARTTTH bros watch 480p STREAMING Brazilian FARTTT porn on XNXX.

[Anonymous User]

People that are starting in the fall at firms that have matched, did you get an email from the firm or hear about it second hand?

[North]

[Anonymous User]

Any idea what first year take home pay will be on the 180k scale after taxes, deductions, etc.?

Specifically, in CA.

[Anonymous User]

Any idea what first year take home pay will be on the 180k scale after taxes, deductions, etc.?

Specifically, in CA.

Is there just a conservative percentage that's safe to use at all levels of the scale?

60% of gross income you'll see in your bank account? 55%?