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

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

Post by Anonymous User » Wed Oct 07, 2015 6:13 pm

I can confirm that summers haven't gotten offer letters yet but that's all I can confirm.

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

Post by Anonymous User » Wed Oct 07, 2015 6:21 pm

Last year summers never got an offer letter fwiw.

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rpupkin

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

Post by rpupkin » Wed Oct 07, 2015 6:23 pm

Anonymous User wrote:Last year summers never got an offer letter fwiw.
Your firm had a 0% SA offer rate? OUT THE FIRM.

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

Post by Anonymous User » Wed Oct 07, 2015 6:26 pm

:lol:

In case anybody legitimately didn't know what I meant, PW last year never sent an official offer letter to incoming summers, offering them a spot in the SA program.

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

Post by BigZuck » Wed Oct 07, 2015 6:51 pm

All this does is confirm that Paul Weiss is really going to take everyone to 190K

We already have confirmation that other firms are going to 180K and Paul Weiss already committed to shattering. That's confirmed. So yeah duh of course nothing is going to be in writing yet until the rest of the market commits to the new standard of 180K and Paul Weiss can shatter everything with 190K.

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rpupkin

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

Post by rpupkin » Wed Oct 07, 2015 6:58 pm

BigZuck wrote:All this does is confirm that Paul Weiss is really going to take everyone to 190K

We already have confirmation that other firms are going to 180K and Paul Weiss already committed to shattering. That's confirmed. So yeah duh of course nothing is going to be in writing yet until the rest of the market commits to the new standard of 180K and Paul Weiss can shatter everything with 190K.
Tight syllogism. The intellectual quality ITT continues to improve.

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

Post by BigZuck » Wed Oct 07, 2015 7:03 pm

rpupkin wrote:
BigZuck wrote:All this does is confirm that Paul Weiss is really going to take everyone to 190K

We already have confirmation that other firms are going to 180K and Paul Weiss already committed to shattering. That's confirmed. So yeah duh of course nothing is going to be in writing yet until the rest of the market commits to the new standard of 180K and Paul Weiss can shatter everything with 190K.
Tight syllogism. The intellectual quality ITT continues to improve.
Rpumpkin SHATTERING the 11th grade vocab game ITT

I think the main point to be gleaned from this thread is you can't stop a moving train no matter how hard you try. That's confirmed.

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rpupkin

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

Post by rpupkin » Wed Oct 07, 2015 7:07 pm

BigZuck wrote:
rpupkin wrote:
BigZuck wrote:All this does is confirm that Paul Weiss is really going to take everyone to 190K

We already have confirmation that other firms are going to 180K and Paul Weiss already committed to shattering. That's confirmed. So yeah duh of course nothing is going to be in writing yet until the rest of the market commits to the new standard of 180K and Paul Weiss can shatter everything with 190K.
Tight syllogism. The intellectual quality ITT continues to improve.
Rpumpkin SHATTERING the 11th grade vocab game ITT

I think the main point to be gleaned from this thread is you can't stop a moving train no matter how hard you try. That's confirmed.
Actually, I don't think the train needs to be moving. The normal rules of physics do not apply in this thread, my friend. Even if the train is stationary, it still cannot be stopped.

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

Post by Anonymous User » Wed Oct 07, 2015 7:18 pm

what was the market bonus in 2007? 25k? then to receive the same comp today we would 190k base + 20k bonus..

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lhanvt13

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

Post by lhanvt13 » Wed Oct 07, 2015 7:57 pm

Anonymous User wrote:what was the market bonus in 2007? 25k? then to receive the same comp today we would 190k base + 20k bonus..
Solid anon use and yes, therefore NYC to 200k + up to 50% performance bonuses

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

Post by Anonymous User » Wed Oct 07, 2015 9:57 pm

Really hoping PW proves you all wrong and comes out with $200k

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thesealocust

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

Post by thesealocust » Wed Oct 07, 2015 10:03 pm

Inevitability is a funny thing.

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

Post by lawschool90 » Wed Oct 07, 2015 10:45 pm

BigZuck wrote:All this does is confirm that Paul Weiss is really going to take everyone to 190K

We already have confirmation that other firms are going to 180K and Paul Weiss already committed to shattering. That's confirmed. So yeah duh of course nothing is going to be in writing yet until the rest of the market commits to the new standard of 180K and Paul Weiss can shatter everything with 190K.

Where is it confirmed other firms are going to 180k? We heard talk of offer letters but I didn't see names of firms, photos of offer letters—really, anything. Not trying to start a fight, just asking for sources in this 30 page hot mess.

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Glasseyes

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

Post by Glasseyes » Wed Oct 07, 2015 11:17 pm

lawschool90 wrote:
BigZuck wrote:All this does is confirm that Paul Weiss is really going to take everyone to 190K

We already have confirmation that other firms are going to 180K and Paul Weiss already committed to shattering. That's confirmed. So yeah duh of course nothing is going to be in writing yet until the rest of the market commits to the new standard of 180K and Paul Weiss can shatter everything with 190K.

Where is it confirmed other firms are going to 180k? We heard talk of offer letters but I didn't see names of firms, photos of offer letters—really, anything. Not trying to start a fight, just asking for sources in this 30 page hot mess.
while "everywhere else to 180k" is a 100% factual reality at this point, no one is allowed to post specific details until after the official results are released following the annual First Year Salary Summit, traditionally held in late November, in which key partners from every firm in the land (of NYC) gather to discuss how best to welcome the incoming class. PW plays by its own rules so they may shatter expectations at literally any time

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

Post by UnicornHunter » Wed Oct 07, 2015 11:48 pm

lawschool90 wrote:
BigZuck wrote:All this does is confirm that Paul Weiss is really going to take everyone to 190K

We already have confirmation that other firms are going to 180K and Paul Weiss already committed to shattering. That's confirmed. So yeah duh of course nothing is going to be in writing yet until the rest of the market commits to the new standard of 180K and Paul Weiss can shatter everything with 190K.

Where is it confirmed other firms are going to 180k? We heard talk of offer letters but I didn't see names of firms, photos of offer letters—really, anything. Not trying to start a fight, just asking for sources in this 30 page hot mess.
What part of "iron lock" don't you understand?





.... as my father used to say, what you post on an online forum about the contents of an offer letter is a blood oath.

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

Post by Anonymous User » Thu Oct 08, 2015 12:27 am

STB's offer letter said that compensation was yet to be determined for 2016 SAs.

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

Post by Anonymous User » Thu Oct 08, 2015 12:29 am

.
Last edited by Anonymous User on Thu Oct 08, 2015 12:31 am, edited 1 time in total.

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

Post by Anonymous User » Thu Oct 08, 2015 12:30 am

Anonymous User wrote:
Anonymous User wrote:STB's offer letter said that compensation was yet to be determined for 2016 SAs.
Nope. "Our salary for summer associates is expected to be $3,080 per week."
That must have been last year's and they just sent you the wrong form letter.

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rpupkin

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

Post by rpupkin » Thu Oct 08, 2015 12:30 am

Anonymous User wrote:
Anonymous User wrote:STB's offer letter said that compensation was yet to be determined for 2016 SAs.
Nope. "Our salary for summer associates is expected to be $3,080 per week."
Breaking News: STB offers below-market compensation for summer 2016 SAs

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Byakuya769

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

Post by Byakuya769 » Thu Oct 08, 2015 1:13 am

Hahahah... That edit, tho.

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

Post by Nekrowizard » Thu Oct 08, 2015 1:27 am

The STB gestapo probably doesn't want news of their compensaTTTion leaking out.

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

Post by rpupkin » Thu Oct 08, 2015 1:44 am

Byakuya769 wrote:Hahahah... That edit, tho.
Can't blame the guy. If news of STB's below-market compensation gets out, it will trigger a chain of events that will result in the firm being out of the V20 by the time the anon starts as a first-year in the fall of 2017.

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

Post by A. Nony Mouse » Thu Oct 08, 2015 1:56 am

God, I love this thread.

Except that NYC to $190k makes my federal salary look even punier. But I can live with that.

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rpupkin

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

Post by rpupkin » Thu Oct 08, 2015 2:07 am

A. Nony Mouse wrote:God, I love this thread.

Except that NYC to $190k makes my federal salary look even punier. But I can live with that.
A rising tide lifts all boats. Do you think President Trump will permit Paul Weiss to steal away all the best legal talent? It's going to be an all-out big law versus big fed salary war, and there will be only one winner: our nation's lawyers.

No one will be left behind (except STB associates).

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

Post by bananasplit19 » Thu Oct 08, 2015 2:09 am

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.
Update: aforementioned 1L candidate lost the race for 1L rep. The dream is dead, guys.

ETA: is it possible that the BigLaw Illuminati rigged the SBA 1L rep elections to prevent this radical activist from taking power and forcing their hand? Probably not. But hey, I'm just asking questions.

Seriously? What are you waiting for?

Now there's a charge.
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