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

[Anonymous User]

Per JD's website, non major market first-year salaries are as follows:

Cleveland/Columbus/Detroit/Miami/Minneapolis/Pittsburgh - 160

Atlanta - 180!!

I love how they didn't say shit to summers and we are finding out via their website.

[Anonymous User]

JD does there usual bumps off-cycle, so after first year, you spend first half of the year making scale and second half making the next level up, give or take. I.e. class of 2014 was making 170k, and would've been scheduled to go to ~$185k. The minimum anyone was expecting was at least $205k for class of 2014. We also used to say that bonuses were built into our comp, so many were hoping for at least $215k. So at the end of the year we're $15k behind peer firms. That gap grows as you get Sr. Class of 2009 assoc got bumped to $300, but remember he should've been bumped to class of '08 scale. Also remember that he's $100k behind peers come bone-us time.

No one is happy except maybe the first years.

ETA: NYC office has historically had larger bumps than other offices, my numbers are from a non-NYC major market office.

Ok, this post confused me. So you're saying, current second-year associates were making 170 and expected to be moved up to 185 before everyone started raising. After raises, people expected to get 205, whereas market base is 210. But instead 3rd years are getting 200, so 10k less than market base, quite a bit less total comp when bonuses figure in. Did I get that right? The 15k behind sentence confused me.

JD moves class year in July, not Jan. So after the first year, a second year would have made $170k Jan-Jun, and 185k Jul-Dec. But we don't do bonuses, full stop. So if you compare total comp between JD and peer firm that pays bonuses, JD associates fall way behind.

I.e. This year, assoc at JD who bills 2400 (avg for many at my office) just got bumped will make ~$185k total comp. (half year at $170, half at $200. Assoc at peer that matched and pays market bonus will make $175k plus bonus, which for 2400 hours at many firms would be ~30k, so they'd be at $205k total comp for year.

FWIW most assocs chose JD for intangibles, and are willing to accept some gap between JD and other firms, but most would say that gap should be between $5k and $10k

Maybe I'm just dense or suck at math. Apologies. Assume the raises had never happened:


Incoming Class of 2016: I'm still confused.

1. When will I receive my first "comp memo" 1. Jan. 2018 or 2. June 2019.

2. Will the first "comp memo" be 1. 190 -- reflecting base pay for a second year or 2. 210(ish) reflecting third year base pay.

3. Why don't associates make more noise about this: I'm sure Brogan would listen if people voiced their complaints loudly enough








So a current c/o 2015 associate would have started making 160 last fall. He would make that through his entire first year, correct? He would not get a bump to 170 in pay until Jan 2017, like at every other firm. So are you saying he would:

-get another bump to ~185 in July 2017 - effectively making his comp 182.k for 2017.
-Or, are you saying that he would make 170 for the entire year of 2017, through July 2018, moving up to 185 then?

Mostly the former, except the effective comp would be $177.5 (185-170 =15/2 =7.5)

[Anonymous User]

Per JD's website, non major market first-year salaries are as follows:

Cleveland/Columbus/Detroit/Miami/Minneapolis/Pittsburgh - 160

Atlanta - 180!!

Where do you see this on the website? Any word on TX/CA?

[Anonymous User]

Per JD's website, non major market first-year salaries are as follows:

Cleveland/Columbus/Detroit/Miami/Minneapolis/Pittsburgh - 160

Atlanta - 180!!

Where do you see this on the website? Any word on TX/CA?

http://www.jonesdaycareers.com/offices/ ... bsection=1

Each office has their own site.

Atlanta - 180K
Boston - 180K
Cleveland - 160K
Chicago - 180K
Columbus - 160K
Dallas - 180K
Detroit - 160K
Houston - 180K
Irvine - 180K
Los Angeles - 180K
Miami - 160K
Minneapolis - 160K
New York - 180K
Pittsburgh - 160K
San Diego - 180K
San Francisco - 180K
Silicon Valley - 180K
Washington - 180K

[Anonymous User]

Per JD's website, non major market first-year salaries are as follows:

Cleveland/Columbus/Detroit/Miami/Minneapolis/Pittsburgh - 160

Atlanta - 180!!

Where do you see this on the website? Any word on TX/CA?

http://www.jonesdaycareers.com/offices/ ... bsection=1

Each office has their own site.

Atlanta - 180K
Boston - 180K
Cleveland - 160K
Chicago - 180K
Columbus - 160K
Dallas - 180K
Detroit - 160K
Houston - 180K
Irvine - 180K
Los Angeles - 180K
Miami - 160K
Minneapolis - 160K
New York - 180K
Pittsburgh - 160K
San Diego - 180K
San Francisco - 180K
Silicon Valley - 180K
Washington - 180K

Pretty sure you can buy part of Lake Erie on that salary

[Anonymous User]

Damn, dude. Seriously, props to you for digging and finding that. Thanks.

[Anonymous User]

Pillsbury matched. All offices.

Pillsbury is retroactively paying summers on the 180k scale, so we get a lump sum to make up for the weeks we already worked instead of just starting July 1.

Are other firms doing this?

[Anonymous User]

ATL reporting that Nixon Peabody matched 1st year salaries, but none of the associates (in CA office) have heard anything. Does ATL fact-check these stories?

[dixiecupdrinking]

Per JD's website, non major market first-year salaries are as follows:

Cleveland/Columbus/Detroit/Miami/Minneapolis/Pittsburgh - 160

Atlanta - 180!!

I love how they didn't say shit to summers and we are finding out via their website.

Jones Day Atlanta 5th years: $197.5 and individualized bonus

[Actus Reus]

Pillsbury matched. All offices.

Pillsbury is retroactively paying summers on the 180k scale, so we get a lump sum to make up for the weeks we already worked instead of just starting July 1.

Are other firms doing this?

It appears most firms are grossing up for work after July 1. Why on earth would a firm pay summers more than associates? Summers are useless

[Actus Reus]

How is Jones Day's embargo on discussing compensation not a violation of the NLRA? Are they not a covered company?

[Anonymous User]

How is Jones Day's embargo on discussing compensation not a violation of the NLRA? Are they not a covered company?

Don't believe associates are covered under NLRA ("supervisors"). However, could possibly be a violation of CA fair pay act.

[Anonymous User]

Pillsbury matched. All offices.

Pillsbury is retroactively paying summers on the 180k scale, so we get a lump sum to make up for the weeks we already worked instead of just starting July 1.

Are other firms doing this?

This is the most ridiculous thing that I've heard. In fact, you're not entitled to the new $180K scale since you signed your Summer Associate contract to be paid $3077/week last year. So, they could put you to it if they wanted to. Additionally, the subsequent modification of salary wouldn't be held valid anyways since there was no new consideration to support it, and you had a preexisting legal duty to work there for 10 weeks.

But KUDOS for getting more $$$

[Mr. Peanutbutter]

Pillsbury matched. All offices.

Pillsbury is retroactively paying summers on the 180k scale, so we get a lump sum to make up for the weeks we already worked instead of just starting July 1.

Are other firms doing this?

This is the most ridiculous thing that I've heard. In fact, you're not entitled to the new $180K scale since you signed your Summer Associate contract to be paid $3077/week last year. So, they could put you to it if they wanted to. Additionally, the subsequent modification of salary wouldn't be held valid anyways since there was no new consideration to support it, and you had a preexisting legal duty to work there for 10 weeks.

But KUDOS for getting more $$$

Very brave misunderstand of AT WILL EMPLOYMENT CONTRACTS law, anon

[El Pollito]

"summer associate contract"

ded

[Mr. Peanutbutter]

"summer associate contract"

ded

"The court assesses -$30,000 in damages"

[Anonymous User]

Pillsbury matched. All offices.

Pillsbury is retroactively paying summers on the 180k scale, so we get a lump sum to make up for the weeks we already worked instead of just starting July 1.

Are other firms doing this?

This is the most ridiculous thing that I've heard. In fact, you're not entitled to the new $180K scale since you signed your Summer Associate contract to be paid $3077/week last year. So, they could put you to it if they wanted to. Additionally, the subsequent modification of salary wouldn't be held valid anyways since there was no new consideration to support it, and you had a preexisting legal duty to work there for 10 weeks.

But KUDOS for getting more $$$

This is a good start on your rudimentary understanding of contract law, but you should really study more before your first cold call or it won't go very well (also don't be a gunner and read before you even get started)... oh and no 0Ls in this forum please.

Eta: accidental anon

[BigZuck]

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.

[El Pollito]

"summer associate contract"

ded

"The court assesses -$30,000 in damages"

the court orders plaintiff to recite the works of fat joe

[unlicensedpotato]

Pillsbury matched. All offices.

Pillsbury is retroactively paying summers on the 180k scale, so we get a lump sum to make up for the weeks we already worked instead of just starting July 1.

Are other firms doing this?

This is the most ridiculous thing that I've heard. In fact, you're not entitled to the new $180K scale since you signed your Summer Associate contract to be paid $3077/week last year. So, they could put you to it if they wanted to. Additionally, the subsequent modification of salary wouldn't be held valid anyways since there was no new consideration to support it, and you had a preexisting legal duty to work there for 10 weeks.

But KUDOS for getting more $$$

...

[imalreadyamember?]

Pillsbury matched. All offices.

Pillsbury is retroactively paying summers on the 180k scale, so we get a lump sum to make up for the weeks we already worked instead of just starting July 1.

Are other firms doing this?

This is the most ridiculous thing that I've heard.

Should have stopped here.

[bern victim]

hilariously misinformed as every pillsbury SA had to provide a peppercorn to receive the new raise

[BigZuck]

Cap- If you could post a photoshopped image of Brogan's face on the Pillsbury Doughboy's body I think we could go ahead and lock this thread after that

TYIA

[HerculesQEinstein]

ATL reporting that Nixon Peabody matched 1st year salaries, but none of the associates (in CA office) have heard anything. Does ATL fact-check these stories?

This would be actually hilarious/tragic if NP doesn't match (do they even pay 160 in major markets?).

There's approximately zero chance they match the full scale, right?

[JenDarby]

hilariously misinformed as every pillsbury SA had to provide a peppercorn to receive the new raise

lol