NYC to 200k Forum

[Anonymous User]

Looks like $200k ain't happening. Y'all can waste your time and emotions hoping but too many super rich firms are only going up to 190.

mods pls

I wanted it to happen. Just known when to fold'em. [Edit: Ignore this I was fooled by KE 190k fake news]

[Anonymous User]

KE match with bonus, apparently

You a K&E associate? Any confirmation?

There is no KE email announcement

[Cobretti]

I wanted it to happen. Just known when to fold'em.

brave anon

[toast and bananas]

KE match with bonus, apparently

You a K&E associate? Any confirmation?

There is no KE email announcement

Yeah sorry I was just told that what I was told was fake news

[Anonymous User]

OK still a chance for KE $200k. Cancel my give up hope post.

[Anonymous User]

KE match with bonus, apparently

You a K&E associate? Any confirmation?

K&E associate here. We haven't received any email.

[Anonymous User]

Global head of Skadden just saw me reading this thread in the elevator. Im doing my part.

[Anonymous User]

Global head of Skadden just saw me reading this thread in the elevator. Im doing my part.

So partner lunch is over? here we go...

[Anonymous User]

Global head of Skadden just saw me reading this thread in the elevator. Im doing my part.

So partner lunch is over? here we go...

Ideally he saw the title and concluded that 200K is the new scale and will raise accordingly. You will have single-handedly led v200 firms to implode.

[Anonymous User]

So we are assuming the STB bonus is a one time thing and not just a new summer bonus? I know it wouldn't make much sense, but this seems like a cop-out from 200k.

[Anonymous User]

KE match with bonus, apparently

You a K&E associate? Any confirmation?

K&E has not said a single thing, not sure what this poster is talking about.

[Anonymous User]

Skadden sent out its "New Counsel" notice in the middle of all of this. Not ok.

[Anonymous User]

Skadden sent out its "New Counsel" notice in the middle of all of this. Not ok.

I'm waiting on a firm to send out an email with the subject "[Firm] to 200K!" Everyone gets stoked and find out the e-mail says "for second-year associates."

[Anonymous User]

Skadden sent out its "New Counsel" notice in the middle of all of this. Not ok.

Eric just wanted to get that nonsense out of the way and is busy drafting his market shattering 200 scale memo as we speak.

[Anonymous User]

Skadden sent out its "New Counsel" notice in the middle of all of this. Not ok.

I'm waiting on a firm to send out an email with the subject "[Firm] to 200K!" Everyone gets stoked and find out the e-mail says "for second-year associates."

Like Susman claiming that their salaries are above market when they only hire people post-clerkship so their "first years" are really second years and paid the same amount as they would be anywhere else. (Susman still pays crazy above-market bonuses, though.)

[Anonymous User]

What firms will provide the bonuses? Only V10? V50?

[Anonymous User]

What firms will provide the bonuses? Only V10? V50?

Only the V23.

[Anonymous User]

I wonder of Milbank did this now to avoid the pressure of having this conversation during OCI/interviews.

[ghostoftraynor]

What firms will provide the bonuses? Only V10? V50?

There isn't really precedent for this, so unclear if anyone will.

[Anonymous User]

What firms will provide the bonuses? Only V10? V50?

Only the V23.

Just the V8

[Anonymous User]

Only the V23.

Found the WilmerHale associate.

[1styearlateral]

Welp I guess there goes $200k - congrats STB folks, that summer bonu$ is badass

Not necessarily. Someone could raise to 200k and not give the summer bonus. Looks like STB is trying to hedge against a raise to 200k without having to do it themselves.

It's a risky tactic, though. If someone else goes to 200k, STB has to go to 200k and *also* pay summer bonuses. I think they had already planned summer bonuses and were beaten to the punch by Milbank's salary increase and had to scramble.

Not really, though. If Cravath goes to 200k, I doubt they'd "match" the STB summer bonus (idk why people are so quick to assume they would). If Cravath does move to 200k, STB associates, at least for the first year, will be on par with Cravath (not considering either firms' bonuses). That way, STB can have another year to decide if it needs to raise again. The way they did it, though, allows for them not to give a summer bonus next year in the event no other firm goes to 200k or more.

[Anonymous User]

Only the V23.

Found the WilmerHale associate.

Really hoping for V26.

[toast and bananas]

I wonder of Milbank did this now to avoid the pressure of having this conversation during OCI/interviews.

Are people bringing up comp in their OCI interviews? That's a bold move

[Anonymous User]

Only the V23.

Found the WilmerHale associate.

Really hoping for V26.

V42. Lol.