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

[MCFC]

Sounds like Paul Weiss is rumbling about financial success during CBs, if you're still looking for proof for some stupid reason then I think this pretty much confirms NYC to AT LEAST 170K.

http://www.top-law-schools.com/forums/v ... 3&t=254062

But see
http://www.top-law-schools.com/forums/v ... 0#p8827351
Might be a victory just to hold at 160

[BigZuck]

There are confirmed rumblings that Minneapolis is moving to 120K

http://www.top-law-schools.com/forums/v ... 3&t=254142

Good work guys, we did it

[thesealocust]

[Anonymous User]

DC BigLaw partner giving a class presentation said "what other industry do kids fresh out of school make 165?"

DC to 165k!!!! Your move NYC.

[El Pollito]

palo alto to free teslas

[Anonymous User]

Summer offer from an SF/SV firm stated they haven't determined compensation for next year, but it will be no less than last summer.

SF/SV confirmed to 190?!?!?

[First Offense]

DC BigLaw partner giving a class presentation said "what other industry do kids fresh out of school make 165?"

DC to 165k!!!! Your move NYC.

ITS HAPPENING!

[Byakuya769]

DC BigLaw partner giving a class presentation said "what other industry do kids fresh out of school make 165?"

DC to 165k!!!! Your move NYC.

Or they included bonus...

[rpupkin]

At lunch today, I had the following exchange with firm's managing partner:

MP: "I'm hearing that some New York firms might raise base associate pay for 2016."

Me: "Might they raise it $30K?"

MP: "Hey, who knows? The market went from $130K to $160K like that [*snaps finger*]"

Not flame.

[Traynor Brah]

Oh shit. Here we go.

[Mamba1991]

[*snaps finger*]"

[BigZuck]

At lunch today, I had the following exchange with firm's managing partner:

MP: "I'm hearing that some New York firms might raise base associate pay for 2016."

Me: "Might they raise it $30K?"

MP: "Hey, who knows? The market went from $130K to $160K like that [*snaps finger*]"

Not flame.

Not sure why anyone else hasn't done it yet but I'm calling flame

[TLSModBot]

At lunch today, I had the following exchange with firm's managing partner:

MP: "I'm hearing that some New York firms might raise base associate pay for 2016."

Me: "Might they raise it $30K?"

MP: "Hey, who knows? The market went from $130K to $160K like that [*snaps finger*]"

Not flame.

Not sure why anyone else hasn't done it yet but I'm calling flame this is definitely legit and rpupkin is above reproach

[kcdc1]

At lunch today, I had the following exchange with firm's managing partner:

MP: "I'm hearing that some New York firms might raise base associate pay for 2016."

Me: "Might they raise it $30K?"

MP: "Hey, who knows? The market went from $130K to $160K like that [*snaps finger*]"

Not flame.

Not sure why anyone else hasn't done it yet but I'm calling flame

Pretty sure rpupkin knows how use the anon button for proper flame. Since the post was not anon, #NYto190 confirmed.

[DJM]

palo alto to free teslas

this

[chicago-gunner123]

At lunch today, I had the following exchange with firm's managing partner:

MP: "I'm hearing that some New York firms might raise base associate pay for 2016."

Me: "Might they raise it $30K?"

MP: "Hey, who knows? The market went from $130K to $160K like that [*snaps finger*]"

Not flame.

checking in for NY to 190

[Johann]

At lunch today, I had the following exchange with firm's managing partner:

MP: "I'm hearing that some New York firms might raise base associate pay for 2016."

Me: "Might they raise it $30K?"

MP: "Hey, who knows? The market went from $130K to $160K like that [*snaps finger*]"

Not flame.

Not sure why anyone else hasn't done it yet but I'm calling flame

im pretty sure all the people who were disputing NYC raises (me, DF, and I think Rpupkin) have all come around to the fact that a raise in NYC is pretty imminent. 185 (10k increase) total comp for 1st years including bonus and 210 (15k increase) for 2nd years is actually going to happen - or something thereabouts. we arent flaming.

[lawhopeful10]

If / when New York raises go through will that have a trickle down effect on secondary market pay?

[clone22]

I understand that current 2Ls who will summer at Ropes will be paid a prorated salary based on 170K.

So the question is whether this just bumps everyone's salary up by $10K, or if the salary scale is shifting up a year?

tl;dr 190 not happening, 170 is being done by multiple v50s

[Johann]

If / when New York raises go through will that have a trickle down effect on secondary market pay?

for sure. i mean new york is kinda the one lagging here. More and more firms in DC, Chicago, Pittsbrgh, Philly, Texas, etc have been raising salaries for the past few years. In general, law firms including biglaw, shitlaw, boutique, and everything in between have been increasing salaries the past 3 years.

[Anonymous User]

I understand that current 2Ls who will summer at Ropes will be paid a prorated salary based on 170K.

So the question is whether this just bumps everyone's salary up by $10K, or if the salary scale is shifting up a year?

tl;dr 190 not happening, 170 is being done by multiple v50s

So yeah, I was actually at that offer dinner and that's not what happened. What he said was that the firm has been extremely busy at a time when corporate work has slowed down at a lot of their peer firms, and that he expects that to continue. And he made a single off-hand and completely non-commital comment about how they're looking at adjusting compensation to reflect how busy people have been. In context, it was a comment about how good business has been, and you shouldn't read into it. People have completely distorted this story and now it's turned into "Ropes is increasing salaries and paying summers $X amount" even though the offer letter says nothing about that at all, it's a dumb rumor and this is a dumb thread.

[UnfrozenCaveman]

I understand that current 2Ls who will summer at Ropes will be paid a prorated salary based on 170K.

So the question is whether this just bumps everyone's salary up by $10K, or if the salary scale is shifting up a year?

tl;dr 190 not happening, 170 is being done by multiple v50s

Best posts have 2 lines followed by a tldr.

[rpupkin]

I understand that current 2Ls who will summer at Ropes will be paid a prorated salary based on 170K.

So the question is whether this just bumps everyone's salary up by $10K, or if the salary scale is shifting up a year?

tl;dr 190 not happening, 170 is being done by multiple v50s

Best posts have 2 lines followed by a tldr.

tbf, I started to get bored at "summer at Ropes" and just skipped straight to the end.

[Byakuya769]

I understand that current 2Ls who will summer at Ropes will be paid a prorated salary based on 170K.

So the question is whether this just bumps everyone's salary up by $10K, or if the salary scale is shifting up a year?

tl;dr 190 not happening, 170 is being done by multiple v50s

So yeah, I was actually at that offer dinner and that's not what happened. What he said was that the firm has been extremely busy at a time when corporate work has slowed down at a lot of their peer firms, and that he expects that to continue. And he made a single off-hand and completely non-committal comment about how they're looking at adjusting compensation to reflect how busy people have been. In context, it was a comment about how good business has been, and you shouldn't read into it. People have completely distorted this story and now it's turned into "Ropes is increasing salaries and paying summers $X amount" even though the offer letter says nothing about that at all, it's a dumb rumor and this is a dumb thread.

Wow! From bold and brave market leader to cowardly recruiting exaggerator in the span of two posts.

[clone22]

I understand that current 2Ls who will summer at Ropes will be paid a prorated salary based on 170K.

So the question is whether this just bumps everyone's salary up by $10K, or if the salary scale is shifting up a year?

tl;dr 190 not happening, 170 is being done by multiple v50s

So yeah, I was actually at that offer dinner and that's not what happened. What he said was that the firm has been extremely busy at a time when corporate work has slowed down at a lot of their peer firms, and that he expects that to continue. And he made a single off-hand and completely non-committal comment about how they're looking at adjusting compensation to reflect how busy people have been. In context, it was a comment about how good business has been, and you shouldn't read into it. People have completely distorted this story and now it's turned into "Ropes is increasing salaries and paying summers $X amount" even though the offer letter says nothing about that at all, it's a dumb rumor and this is a dumb thread.

Wow! From bold and brave market leader to cowardly recruiting exaggerator in the span of two posts.

Best part is that I was not referring to that dinner, because I was not at it and have not heard about it.