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

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WilmerHale
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Jones Day
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No one! YAY!
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Re: NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon does a 180! Holder wept.)

Post by Anonymous User » Fri Jun 17, 2016 10:08 pm

Anonymous User wrote:
Anonymous User wrote:
nahumya wrote:
Anonymous User wrote:Does anyone know what K&S raised salaries to in Atlanta?
ATL says yes, but not to 180k.
I heard K&S is 155 in Atlanta. There was no memo.
I heard the same. Associates received individual memos with only their class year's salary.
Any word if the Charlotte office had the same increase?

bern victim

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

Post by bern victim » Sat Jun 18, 2016 12:02 am

rpupkin wrote:
bern victim wrote:who cares about law students. why would any good junior or midlevel associate stay at seyfarttt if they don't match
Serious question: How do you distinguish a good junior associate from a not good junior associate?
same way you determine who a good employee is at any job. even jobs that require no skill have good and bad employees based on other attributes like dependability, work ethic, attention to detail, etc.

but the real answer is you tell by looking at whoever is still at seyfarttt next year

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

Post by Anonymous User » Sat Jun 18, 2016 1:19 am

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
nahumya wrote:
Anonymous User wrote:Does anyone know what K&S raised salaries to in Atlanta?
ATL says yes, but not to 180k.
I heard K&S is 155 in Atlanta. There was no memo.
I heard the same. Associates received individual memos with only their class year's salary.
Any word if the Charlotte office had the same increase?
"I heard ... Atlanta" anon here. I heard K&S is 155 in Charlotte as well.

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

Post by rpupkin » Sat Jun 18, 2016 1:26 am

bern victim wrote:
rpupkin wrote:
bern victim wrote:who cares about law students. why would any good junior or midlevel associate stay at seyfarttt if they don't match
Serious question: How do you distinguish a good junior associate from a not good junior associate?
same way you determine who a good employee is at any job. even jobs that require no skill have good and bad employees based on other attributes like dependability, work ethic, attention to detail, etc.
That's how a junior associate's current law firm can tell whether the associate is good or bad. But how does a firm to which the junior associate is looking to lateral (which is what you're talking about) figure that out?

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

Post by bern victim » Sat Jun 18, 2016 1:39 am

my guess is they use the type and quantity of work you've been given as a proxy

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

Post by Anonymous User » Sat Jun 18, 2016 1:44 am

What do y'all think about changing the title of the thread to "Jones doesn't Pay."


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

Post by Anonymous User » Sat Jun 18, 2016 1:48 am

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
nahumya wrote:
Anonymous User wrote:Does anyone know what K&S raised salaries to in Atlanta?
ATL says yes, but not to 180k.
I heard K&S is 155 in Atlanta. There was no memo.
I heard the same. Associates received individual memos with only their class year's salary.
Any word if the Charlotte office had the same increase?
"I heard ... Atlanta" anon here. I heard K&S is 155 in Charlotte as well.
If I had to guess K&S was waiting on someone else to set what market is in the south before moving. Once Katten announced their Charlotte office at 155, K&S shortly followed for Charlotte and Atlanta. Before Katten, all the big firms that moved in Charlotte went to 180, and I doubt K&S wanted to pay that.

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

Post by El Pollito » Sat Jun 18, 2016 1:53 am

bern victim wrote:my guess is they use the type and quantity of work you've been given as a proxy
it's not really hard to fake experience in an interview

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

Post by bern victim » Sat Jun 18, 2016 2:08 am

El Pollito wrote:
bern victim wrote:my guess is they use the type and quantity of work you've been given as a proxy
it's not really hard to fake experience in an interview
yea for sure. but it's so easy for firms to disappear laterals if they turn out to be shit. easier to just hang on at your original firm who is more invested

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rpupkin

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

Post by rpupkin » Sat Jun 18, 2016 2:12 am

bern victim wrote:my guess is they use the type and quantity of work you've been given as a proxy
Yeah, except they don't get to talk to the senior associates and partners at your old firm; they won't really know what "quantity" of work you've been given.

By the way, if you're a junior associate trying to lateral, the two most important things are your law school and grades, in that order.

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

Post by Big Shrimpin » Sat Jun 18, 2016 8:53 am

rpupkin wrote:
bern victim wrote:my guess is they use the type and quantity of work you've been given as a proxy
Yeah, except they don't get to talk to the senior associates and partners at your old firm; they won't really know what "quantity" of work you've been given.

By the way, if you're a junior associate trying to lateral, the two most important things are your law school and grades, in that order.

Eh, maybe for first years or early 2nd. I have interviewed a bunch of lateral juniors and I don't give a FUCK where you went to school or whether you CALI'd your property class, so long as you know what you're talking about/appear competent are at least moderately sociable.

Edit: if you got terrible grades that's an exception, obviously.

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

Post by Anonymous User » Sat Jun 18, 2016 10:32 am

no matter what atlanta moves to, they'll always have that TTT secondary market lock step. fourth years in atlanta make $152k.

even the IP bump at the GP firms have the same sps lock step unless you're actually at fish/finnegan, the true reasons for that bump to begin with.

so even when atlanta moves to $160k (in 2019/2020), you're likely still not even breaking $200k as an 8th year.

don't get me wrong, that's still a lot of money for a secondary like atlanta, but between the likely delayed raise and the compressed scale, it's part of the reason I decided against atlanta in anticipation of NY2$180k

sorry if this was discussed already. this thread is jumping 30+ pages a day...

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

Post by JenDarby » Sat Jun 18, 2016 11:09 am

El Pollito wrote:
bern victim wrote:my guess is they use the type and quantity of work you've been given as a proxy
it's not really hard to fake experience in an interview
we hired the most incompetent 5th year

she wildly exaggerated her experience and capabilities, and she lasted less than a year. her resume was v impressive though

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

Post by Anonymous User » Sat Jun 18, 2016 11:47 am

Anonymous User wrote:
RareExports wrote:
Anonymous User wrote:http://top-law-schools.com/forums/viewt ... &start=375

Polsinelli announced raises, allegedly. Amounts not known.
They weren't paying market before, anywhere.

Also heard they raised. Not sure to what though
Offices in more expensive cities went from $145 to $160k. Chicago, LA, DC, Dallas. Not sure about SF/Boston/Houston (Boston and Houston are brand new anyway).

Phoenix, Kansas City, St. Louis, and Denver went from $125k to $135k. Not sure where the other offices fit in, but those aren't large ones to begin with and not sure if they had many young associates.

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

Post by Anonymous User » Sat Jun 18, 2016 1:01 pm

Anonymous User wrote:
Anonymous User wrote:
RareExports wrote:
Anonymous User wrote:http://top-law-schools.com/forums/viewt ... &start=375

Polsinelli announced raises, allegedly. Amounts not known.
They weren't paying market before, anywhere.

Also heard they raised. Not sure to what though
Offices in more expensive cities went from $145 to $160k. Chicago, LA, DC, Dallas. Not sure about SF/Boston/Houston (Boston and Houston are brand new anyway).

Phoenix, Kansas City, St. Louis, and Denver went from $125k to $135k. Not sure where the other offices fit in, but those aren't large ones to begin with and not sure if they had many young associates.
Esoteric Q but: anybody know if other KC firms (Stinson, Husch, etc.) are raising at all/what their salary scales look like now?

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

Post by Anonymous User » Sat Jun 18, 2016 1:10 pm

Brown Rudnick now matched in all US based offices (NY, Boston, Hartford, DC, Providence, Orange County) and confirmed SA pay increase as well

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

Post by hoos89 » Sat Jun 18, 2016 1:13 pm

Anonymous User wrote:Brown Rudnick now matched in all US based offices (NY, Boston, Hartford, DC, Providence, Orange County) and confirmed SA pay increase as well
So how many offers do they need to rescind 2 weeks before graduation to pay for this?

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

Post by Anonymous User » Sat Jun 18, 2016 1:16 pm

Anonymous User wrote:no matter what atlanta moves to, they'll always have that TTT secondary market lock step. fourth years in atlanta make $152k.

even the IP bump at the GP firms have the same sps lock step unless you're actually at fish/finnegan, the true reasons for that bump to begin with.

so even when atlanta moves to $160k (in 2019/2020), you're likely still not even breaking $200k as an 8th year.

don't get me wrong, that's still a lot of money for a secondary like atlanta, but between the likely delayed raise and the compressed scale, it's part of the reason I decided against atlanta in anticipation of NY2$180k

sorry if this was discussed already. this thread is jumping 30+ pages a day...
Agreed. Turned down one of K&S/A&B for TX. You have to love Atlanta a whole lot to be willing to give up the massive pay differential.

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

Post by Anonymous User » Sat Jun 18, 2016 1:17 pm

K&S Houston confirmed to 180, even for summers.

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

Post by Anonymous User » Sun Jun 19, 2016 11:45 am

To the previous poster that said Brogan might tell the summer associates about raises--well, we could submit questions to him and there were a bunch of people asking about moving to 180.

In Brogan's speech he told us that "this is the best time in the history of the world to be a lawyer.' I take that to mean it is the best time in the history of the world to be a partner, because F you, no raises.

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

Post by trendem » Sun Jun 19, 2016 12:03 pm

Anonymous User wrote:To the previous poster that said Brogan might tell the summer associates about raises--well, we could submit questions to him and there were a bunch of people asking about moving to 180.

In Brogan's speech he told us that "this is the best time in the history of the world to be a lawyer.' I take that to mean it is the best time in the history of the world to be a partner, because F you, no raises.
Did he definitively say whether or not JD will be matching? Or give any hints as to whether it was likely to happen?

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

Post by Anonymous User » Sun Jun 19, 2016 12:11 pm

trendem wrote:
Anonymous User wrote:To the previous poster that said Brogan might tell the summer associates about raises--well, we could submit questions to him and there were a bunch of people asking about moving to 180.

In Brogan's speech he told us that "this is the best time in the history of the world to be a lawyer.' I take that to mean it is the best time in the history of the world to be a partner, because F you, no raises.
Did he definitively say whether or not JD will be matching? Or give any hints as to whether it was likely to happen?
He didn't say anything. He said he reads the 'trade publications' and knows what goes on, but didn't hint at raises. I can't say I'm surprised--his views of how law firms should operate are polar opposite to conventional views.

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Post by soj » Sun Jun 19, 2016 1:05 pm

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

Post by smaug » Sun Jun 19, 2016 1:08 pm

A MAVERICK IN A SUIT

THE BROGAN STORY

ONE


FIRM


WORLD


WIDE.

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

Post by Anonymous User » Sun Jun 19, 2016 4:54 pm

I am not the anon who said Brogan would tell summers. But an open forum like that would be the last place brogan would say anything about pay. I stand by my original comment that the raises will come via regularly scheduled comp memos at the end of June. You heard it here first.

Seriously? What are you waiting for?

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