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

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Who will join the CovingTTTon list next?

WilmerHale
15
6%
Arnold & Porter
23
10%
Hogan Lovells
12
5%
Akin Gump
7
3%
Jones Day
114
47%
Jenner & Block
8
3%
Paul Hastings
7
3%
WachTTTell
23
10%
Other
7
3%
No one! YAY!
25
10%
 
Total votes: 241

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jbagelboy

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by jbagelboy » Mon Sep 28, 2015 4:45 am

Tiago Splitter wrote:Kind of a cheap campaign promise if you ask me. Raises by second semester are already in the bag.
In NY, yes; this promotional campaign seems directed at guaranteeing a Chicago market match.

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lhanvt13

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by lhanvt13 » Mon Sep 28, 2015 6:38 pm

jbagelboy wrote:
Tiago Splitter wrote:Kind of a cheap campaign promise if you ask me. Raises by second semester are already in the bag.
In NY, yes; this promotional campaign seems directed at guaranteeing a Chicago market match.
I wonder what the kid's actual plans are. like, how ridiculous are they

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cookiejar1

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by cookiejar1 » Tue Sep 29, 2015 1:56 pm

thesealocust wrote:We have a champion:
bananasplit19 wrote:SBA 1L representative elections are about to start at my school. One of these darling 1Ls is campaigning on a platform that includes, among other things, raising first-year lawyer salaries above $160k. Between her chutzpah and her total lack of understanding of how SBA, I find this adorable.
lhanvt13 wrote:
jbagelboy wrote:
Tiago Splitter wrote:Kind of a cheap campaign promise if you ask me. Raises by second semester are already in the bag.
In NY, yes; this promotional campaign seems directed at guaranteeing a Chicago market match.
I wonder what the kid's actual plans are. like, how ridiculous are they
BUNCH OF HATERS IN THIS THREAD HAVE NEVER HEARD OF VISIONARY LEADERSHIP I SEE

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rpupkin

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by rpupkin » Tue Sep 29, 2015 2:08 pm

cookiejar1 wrote:
thesealocust wrote:We have a champion:
bananasplit19 wrote:SBA 1L representative elections are about to start at my school. One of these darling 1Ls is campaigning on a platform that includes, among other things, raising first-year lawyer salaries above $160k. Between her chutzpah and her total lack of understanding of how SBA, I find this adorable.
BUNCH OF HATERS IN THIS THREAD HAVE NEVER HEARD OF VISIONARY LEADERSHIP I SEE
Indeed. Said SBA 1L rep candidate should be found and assigned TLS supermod powers. She would clean up this thread fast. All heretics would be reeducated or banned.

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Cobretti

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Cobretti » Tue Sep 29, 2015 4:46 pm

rpupkin wrote:
cookiejar1 wrote:
thesealocust wrote:We have a champion:
bananasplit19 wrote:SBA 1L representative elections are about to start at my school. One of these darling 1Ls is campaigning on a platform that includes, among other things, raising first-year lawyer salaries above $160k. Between her chutzpah and her total lack of understanding of how SBA, I find this adorable.
BUNCH OF HATERS IN THIS THREAD HAVE NEVER HEARD OF VISIONARY LEADERSHIP I SEE
Indeed. Said SBA 1L rep candidate should be found and assigned TLS supermod powers. She would clean up this thread fast. All heretics would be reeducated or banned.
she's running a negative campaign against the other dude... she would definitely wield the banhammer with authority.

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star fox

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by star fox » Tue Sep 29, 2015 5:05 pm

Lol at negative campaigning over 1L Student Rep to the freaking SBA.

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Anonymous User » Tue Sep 29, 2015 5:21 pm

"X" (a very close friend of mine at my school) is going to Ropes next summer; has a family friend over there who is a partner. They were discussing biglaw life when "X" mentioned how amazing it will be to have $3k a week coming in next summer. Family friend said something to the effect of, "Yeah, and I think you guys might be seeing a little more than that by next year." "X" was taken aback, and asked for clarification. Family friend smiled and said, "I'm not saying anything."

Take that for what it's worth. He could be BSing, or the family friend could be BSing, or the firm could be BSing both of them. But that's what I heard.

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rpupkin

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by rpupkin » Tue Sep 29, 2015 5:37 pm

Cobretti wrote:
rpupkin wrote: Indeed. Said SBA 1L rep candidate should be found and assigned TLS supermod powers. She would clean up this thread fast. All heretics would be reeducated or banned.
she's running a negative campaign against the other dude...
As she should, assuming that her opponent is not likewise promising to work to raise first-year salaries above $160K. You're either with us, or against us.

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rpupkin

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by rpupkin » Tue Sep 29, 2015 5:43 pm

Anonymous User wrote:"X" (a very close friend of mine at my school) is going to Ropes next summer; has a family friend over there who is a partner. They were discussing biglaw life when "X" mentioned how amazing it will be to have $3k a week coming in next summer. Family friend said something to the effect of, "Yeah, and I think you guys might be seeing a little more than that by next year." "X" was taken aback, and asked for clarification. Family friend smiled and said, "I'm not saying anything."

Take that for what it's worth. He could be BSing, or the family friend could be BSing, or the firm could be BSing both of them. But that's what I heard.
Anon post? Check.
Close friend whose family friend is a partner? Check.
Raise innuendo from said partner? Check.
Coy avoidance when pressed for confirmation? Check.
Ropes trolling? Check. [This attribute has emerged only in the last couple of weeks, but I like it.]

In other words, this was a SOLID post. Carry on, soldier.

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BigZuck

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by BigZuck » Tue Sep 29, 2015 5:46 pm

Yeah dude well done I liked that one

Traynor Brah

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Traynor Brah » Tue Sep 29, 2015 6:30 pm

that post was pretty 190

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Anonymous User » Tue Sep 29, 2015 8:21 pm

My good friend who will be at a NY V15 next summer just received the SA compensation letter. $3,460/week.

snagglepuss

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by snagglepuss » Tue Sep 29, 2015 8:25 pm

Anonymous User wrote:My good friend who will be at a NY V15 next summer just received the SA compensation letter. $3,460/week.
Terrible flame. The other V15s can't go to 180 when Paul, Weiss already pledged itself to 190.

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thesealocust

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by thesealocust » Tue Sep 29, 2015 8:27 pm

Anonymous User wrote:My good friend who will be at a NY V15 next summer just received the SA compensation letter. $3,460/week.
Extremely subtle W&C trolling?

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Anonymous User » Tue Sep 29, 2015 8:31 pm

Anonymous User wrote:My good friend who will be at a NY V15 next summer just received the SA compensation letter. $3,460/week.
Incoming SA at V10 in NY. Compensation letter said $3,460/week as well.

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Johann

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Johann » Tue Sep 29, 2015 8:33 pm

my paycheck last cycle was for 6920 as well

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rpupkin

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by rpupkin » Tue Sep 29, 2015 8:35 pm

thesealocust wrote:
Anonymous User wrote:My good friend who will be at a NY V15 next summer just received the SA compensation letter. $3,460/week.
Extremely subtle W&C trolling?
Seeing as how W&C is neither in NYC nor in the V15, it would be more than extremely subtle.

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BigZuck

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by BigZuck » Tue Sep 29, 2015 8:56 pm

You dummys got scooped by this thread already lulz

http://www.top-law-schools.com/forums/v ... p?t=181839

vball1

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by vball1 » Tue Sep 29, 2015 9:34 pm

thesealocust wrote:
Anonymous User wrote:My good friend who will be at a NY V15 next summer just received the SA compensation letter. $3,460/week.
Extremely subtle W&C trolling?

I think that would be a pay cut for W&C summers?

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L’Étranger

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by L’Étranger » Wed Sep 30, 2015 12:18 pm

For once this actually seems like not flame.

Many firms did not match NY bonuses this year.

Select NY firms will thus be incentivized to raise salaries, because they will have the expectation that the market will not follow just like the market did not follow in terms of bonuses.

These select higher paying firms will then create real tiers among firms (i.e. not just bullshit prestige tiers) where the elite firms pay their associates more.

It's a real opportunity for market separation.

Hutz_and_Goodman

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by Hutz_and_Goodman » Wed Sep 30, 2015 12:31 pm

Someone needs to post a picture of the letter showing that compensation is going to $180k
All of these firms have huge SA classes and you can use anon

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WestWingWatcher

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by WestWingWatcher » Wed Sep 30, 2015 12:41 pm

Hutz_and_Goodman wrote:Someone needs to post a picture of the letter showing that compensation is going to $180k
All of these firms have huge SA classes and you can use anon
Do firms actually send out letters telling people their compensation this early? I haven't heard anything, and for whatever reason assumed we wouldn't find out until sometime early next year.

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MCFC

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by MCFC » Wed Sep 30, 2015 12:45 pm

L’Étranger wrote:For once this actually seems like not flame.

Many firms did not match NY bonuses this year.

Select NY firms will thus be incentivized to raise salaries, because they will have the expectation that the market will not follow just like the market did not follow in terms of bonuses.

These select higher paying firms will then create real tiers among firms (i.e. not just bullshit prestige tiers) where the elite firms pay their associates more.

It's a real opportunity for market separation.
I feel like I'm on the more optimistic (naive?) side of the NYC to 190 movement. That said, I don't necessarily get where the incentive would come from to do this. What do the elite firms get from it?

BigZuck

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by BigZuck » Wed Sep 30, 2015 12:57 pm

Hutz_and_Goodman wrote:Someone needs to post a picture of the letter showing that compensation is going to $180k
All of these firms have huge SA classes and you can use anon
...meh. Ok, fine, lets try it.

You need to do this you cowards. Just redact your name.

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abitaman6363

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Re: NY to 190k??(possibly led by Paul Weiss)

Post by abitaman6363 » Wed Sep 30, 2015 1:10 pm

Third-ed. Photo or gtfo.

Seriously? What are you waiting for?

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