NY to 200k?! Forum

[Anonymous User]

By who? I'm at Ropes and they just finished the town hall meeting without mentioning it at all

[Anonymous User]

Ropes match confirmed.

Hear hear

[Anonymous User]

By who? I'm at Ropes and they just finished the town hall meeting without mentioning it at all

Ropes had two town halls - one for associates worthy of a pay increase and another for the rest. Sorry you had to learn this way.

[Blessedassurance]

Does anyone have the link to the ATL tracker?

[peperharow]

By who? I'm at Ropes and they just finished the town hall meeting without mentioning it at all

By Julie. It was literally the first thing they brought up at the meeting. Memo to follow.

[dumblawguy69]

Does anyone have the link to the ATL tracker?

https://abovethelaw.com/2021/06/salary- ... cker-2021/

[Blessedassurance]

Does anyone have the link to the ATL tracker?

https://abovethelaw.com/2021/06/salary- ... cker-2021/

Thank you.

[Anonymous User]

By who? I'm at Ropes and they just finished the town hall meeting without mentioning it at all

By Julie. It was literally the first thing they brought up at the meeting. Memo to follow.

Kind of amusing that she referred to it as the Davis Polk scale

[Anonymous User]

Freshfields matched!

[Anonomus]

It looks like some firms aren’t mentioning class of 2021 in their raise announcements - ATL is specifying in the tracker which firms matched the class of 2021 202.5k vs 2020 205k. Does this mean summers and class of 2021 are still starting at 190k at these firms?

[Anonymous User]

Does this mean the class of 2021 at Skadden will not get the bump to DPW Scale?! Coz I had better reach out to the partner at Davis Polk that offered to bring me on if it doesn’t work out with Skadden!

[Anonymous User]

Akin match per @nonequitypartner

[bigboybob]

How do firms true you up for salary raises that happen in July?

[cornerstone]

How do firms true you up for salary raises that happen in July?

Do you mean catching up based on the 6mo you worked under the previous scale? I haven't heard of any firms giving you back-pay to make the raise effective for the full year, but others should correct me if I'm wrong.

[Anonymous User]

NRF matched

[almostperfectt]

How do firms true you up for salary raises that happen in July?

Do you mean catching up based on the 6mo you worked under the previous scale? I haven't heard of any firms giving you back-pay to make the raise effective for the full year, but others should correct me if I'm wrong.

To my knowledge, no firms have indicated that they are doing that this year. During the 2018 salary increase, Simpson matched AND added 'special bonuses' that effectively trued up salary for juniors and trued up + fat extra bonus for seniors

[bigboybob]

How do firms true you up for salary raises that happen in July?

Do you mean catching up based on the 6mo you worked under the previous scale? I haven't heard of any firms giving you back-pay to make the raise effective for the full year, but others should correct me if I'm wrong.

Correct, I was referring to back-pay

[Anonymous User]

How do firms true you up for salary raises that happen in July?

Do you mean catching up based on the 6mo you worked under the previous scale? I haven't heard of any firms giving you back-pay to make the raise effective for the full year, but others should correct me if I'm wrong.

Correct, I was referring to back-pay

This isn't happening anywhere in the industry as far as I can tell.

[Anonymous User]

WSGR match, internal memo

[Hstrat]

WSGR match, internal memo

The "tough questions" SA is vindicated

[Anonymous User]

Huge news out of the S&C!! Match? no but we do care about climate change

[TLSposter1990]

Cravath's partnership meets on Mondays, right? Does anyone know what day STB's partners typically meet?

[ExpOriental]

Just for the sake of discussion, what do you all think would happen if someone put out a fake raise memo that actually tricked other firms into matching? I know this would probably never work, I'm just curious.

Do you think they'd go back on the raise? Or do you think they'd just stick with it because of the bad optics of undoing a raise you already admitted you were willing to give?

[Anonymous User]

Just for the sake of discussion, what do you all think would happen if someone put out a fake raise memo that actually tricked other firms into matching? I know this would probably never work, I'm just curious.

Do you think they'd go back on the raise? Or do you think they'd just stick with it because of the bad optics of undoing a raise you already admitted you were willing to give?

This is the kind of big brain discussion we need. Someone send a fake memo to nonequitypartner

[Poldy]

Just for the sake of discussion, what do you all think would happen if someone put out a fake raise memo that actually tricked other firms into matching? I know this would probably never work, I'm just curious.

Do you think they'd go back on the raise? Or do you think they'd just stick with it because of the bad optics of undoing a raise you already admitted you were willing to give?

Only one way to find out.