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

[BigZuck]

Yea I'm talking about taking the clearly less prestigious, if not unpresigious, firm over the other because I thought it was be a better fit.

I feel like somewhere in all your posts you've probably talked about fit=flame, or at least that people going through OCI/SAs can't really accurately assess things like culture, what its really like to work there, etc. but I could be wrong.

I pretty much just assumed that everyone was lying to me/pretending they were dope and being a lawyer is chill. I don't know, I could see choosing a less prestigious (whatever that means) firm if everyone there seems super nice and happy and everyone at the more prestigious firm seems like a nightmare. But during OCI/CBs at least for me everyone seemed pretty nice so might as well follow the prestige and/or $$$$$ (which can be different at like V10s vs V50s or whatever)

Hey so where's those compensation letters guys?

[Desert Fox]

[El Pollito]

if it's a smaller practice group you can tell fit from interviewing

[Desert Fox]

[El Pollito]

if it's a smaller practice group you can tell fit from interviewing

I think you should ding any group that can't assemble 5 people who can pretend not to hate life. But I think a lot of groups can do that while being miserable as fuck.

yeah but fit should encompass more than that

[Desert Fox]

[rpupkin]

Yea I'm talking about taking the clearly less prestigious, if not unpresigious, firm over the other because I thought it was be a better fit.

I feel like somewhere in all your posts you've probably talked about fit=flame, or at least that people going through OCI/SAs can't really accurately assess things like culture, what its really like to work there, etc. but I could be wrong.

Here's my take: generic "fit" is basically flame. As I think I've shared elsewhere, the chillest-seeming group of attorneys I met during my callbacks (many years ago) was at an office of Quinn Emanuel. Seriously. Even in a small practice group, your impression from a callback--e.g., "these guys seem really chill and cool!"--is not completely worthless but it's very low value.

What isn't low value is finding out whether a firm or practice group has partners who (1) like working with junior associates; (2) respect an associate's free time, at least relative to big law standards; and (3) provide actual mentorship. If you can find a reasonably small group with a partner or partners with those qualities, that's a good reason to choose that job even if the firm has a lower Vault or Chambers or whatever ranking.

But the trick is finding that information out. You can't really determine those things at a callback because everyone lies. Your best best is to find associates who left the office after working there for several years. In general, those former associates will be brutally honest about whom they liked working with and whom they hated. True, those former associates' impressions will skew negative (they quit or were fired from the firm, after all), but they're the closest thing you'll get to an accurate picture.

[SweetrollStealer]

Quitting my biglaw jerb this week so maybe that marginal increase in attrition is enough to get the NYC to 190K bus rollin'. You're welcome

lucky SOB. where to next?

moar litigation but better QOL and better work

Sounds like flame. Sorry bro.

Tough, but fair.

[Cobretti]

Isn't the point as long as people think they can determine fit, and it actually affects their decision making, then paying more than less profitable firms would still be beneficial? I don't see why it matters if deciding based on fit works or not when people do it either way.

[SweetrollStealer]

Isn't the point as long as people think they can determine fit, and it actually affects their decision making, then paying more than less profitable firms would still be beneficial? I don't see why it matters if deciding based on fit works or not when people do it either way.

But prestigious firms don't want to poach associates who would otherwise choose a less prestigious law firm on the basis of "fit" because they're catering to the associates who are predominantly motivated by prestige.

[Anonymous User]

Yea I'm talking about taking the clearly less prestigious, if not unpresigious, firm over the other because I thought it was be a better fit.

Does taking $180k over K&E/Paul, Weiss count? Because almost everyone in my class at D made that choice. The extra $$$ doesn't make it a clean comparison, though. For me it was 75% $$$ and 25% fit.

To clarify, this is at the OCI stage. Some who split summers chose the other firms.

[kcdc1]

Isn't the point as long as people think they can determine fit, and it actually affects their decision making, then paying more than less profitable firms would still be beneficial? I don't see why it matters if deciding based on fit works or not when people do it either way.

But prestigious firms don't want to poach associates who would otherwise choose a less prestigious law firm on the basis of "fit" because they're catering to the associates who are predominantly motivated by prestige.

Ain't no lawyer like a prestige-seeking lawyer. But this is all beside the point because 190k == PRESTIGE.

[Anonymous User]

http://www.top-law-schools.com/forums/v ... 3&t=235465

Bump.

If anyone cares, Manatt is now 150 first year salary.

Hopefully this is the push that NY needs to 190!

[Anonymous User]

For my life insurance, the benefits page says the coverage amount is 1 x annual salary ($200,000). NY to $200k?

[rpupkin]

For my life insurance, the benefits page says the coverage amount is 1 x annual salary ($200,000). NY to $200k?

OUT THE LIFE INSURANCE COMPANY

[Anonymous User]

Paul, Weiss has still not sent offer letters to next year's summer class. Pretty clearly biding their time for PR purposes w/r/t shattering market compensation.

[BigZuck]

Paul, Weiss has still not sent offer letters to next year's summer class. Pretty clearly biding their time for PR purposes w/r/t shattering market compensation.

Makes sense

We already have some confirmed firms moving to 180K, Paul Weiss is confirmed gonna drop the 190K bomb on all our asses

Looking forward to it, thanks for the update

[Byakuya769]

Yea I'm talking about taking the clearly less prestigious, if not unpresigious, firm over the other because I thought it was be a better fit.

Does taking $180k over K&E/Paul, Weiss count? Because almost everyone in my class at D made that choice. The extra $$$ doesn't make it a clean comparison, though. For me it was 75% $$$ and 25% fit.

To clarify, this is at the OCI stage. Some who split summers chose the other firms.

People made choices in favor of something not substantiated and against firms that typically are market leaders on compensation???

[Anonymous User]

Hearing from someone who worked at P,W this summer that there are little hints and indications in his contact with his mentor and a couple other co-workers from the summer. Nothing definite, but along the lines of "who knows how much you'll be making," similar to things others have reported upthread.

Edit: anon fail. Lawschool90.

[BigZuck]

Hearing from someone who worked at P,W this summer that there are little hints and indications in his contact with his mentor and a couple other co-workers from the summer. Nothing definite, but along the lines of "who knows how much you'll be making," similar to things others have reported upthread.

Edit: anon fail. Lawschool90.

Can anyone else ITT provide independent confirmation that these rumors really are the scuttlebutt?

TYIA

[MCFC]

Hearing from someone who worked at P,W this summer that there are little hints and indications in his contact with his mentor and a couple other co-workers from the summer. Nothing definite, but along the lines of "who knows how much you'll be making," similar to things others have reported upthread.

Edit: anon fail. Lawschool90.

Can anyone else ITT provide independent confirmation that these rumors really are the scuttlebutt?

TYIA

I can CONFIRM that I have read these rumors.

[First Offense]

After a certain point, rumors stop being rumors, and start being truth.

Now - it's the truth.

[Traynor Brah]

Hearing from someone who worked at P,W this summer that there are little hints and indications in his contact with his mentor and a couple other co-workers from the summer. Nothing definite, but along the lines of "who knows how much you'll be making," similar to things others have reported upthread.

Edit: anon fail. Lawschool90.

Can anyone else ITT provide independent confirmation that these rumors really are the scuttlebutt?

TYIA

I, too, continue to hear things from people

[Danger Zone]

Hearing from someone who worked at P,W this summer that there are little hints and indications in his contact with his mentor and a couple other co-workers from the summer. Nothing definite, but along the lines of "who knows how much you'll be making," similar to things others have reported upthread.

Edit: anon fail. Lawschool90.

Can anyone else ITT provide independent confirmation that these rumors really are the scuttlebutt?

TYIA

I, too, continue to hear things from people

This is DEVASTATING news for the non believers

[thesealocust]

History is written by the winners.