Delaware to $160k Forum

Dafaq · Post by **Dafaq** » Mon Dec 21, 2015 3:17 pm

I have an uncle who lives in Delaware. The one especially cool aspect of Delaware is that there is NO sales tax. If you buy a 30k car you basically save 2k. Even on smaller purchases, like suits or computers, etc., over a year you avoid having to pay hundreds (or thousands) of dollars in sales tax. BTW: Generally speaking prices in Del are reasonable.

Anonymous User · Post by **Anonymous User** » Mon Dec 21, 2015 5:14 pm

Anonymous User wrote:
Anonymous User wrote:I hope this is the week for PA and YCST
FWIW, I haven't gotten any non-TLS confirmation from RLF.

well, it happened, so

DELG · Post by **DELG** » Mon Dec 21, 2015 5:14 pm

(above should not have been anon)

Anonymous User · Post by **Anonymous User** » Mon Dec 21, 2015 5:15 pm

Anonymous User wrote:So if pay goes up at the big 4 in DE, does summer pay tick up as well?

Desert Fox wrote:What does the rest of the scale look like. I'm assuming a 8th year isn't making 280 100 boneanus.
This is what the old pay scale looked like at MNAT:
1st Year $145,000
2nd Year $152,250
3rd Year $159,900
4th Year $167,900
5th Year $176,300
6th Year $185,100
7th Year $194,300
8th Year $204,100

So if they keep up at 5% a year, the new scale will probably look like this:
1st: $160,000
2nd: $168,000
3rd: $176,400
4th: $185,220
5th: $194,481
6th: $204,205
7th: $214,414
8th: $225,134

Richard Layton has a more compressed scale (granted, this is as of 2007):
1st Year $145,000
2nd Year $150,000
3rd Year $155,000
4th Year $160,000
5th Year $165,000
6th Year $170,000
7th Year $175,000
8th: N/A
Source: http://abovethelaw.com/2007/06/nationwi ... ware/?rf=1

I don't work at any of these firms, but I've been told by those who do that bonuses are significantly less than NY bonuses.

RLF's scale for 2015 was exactly the same as MNAT's. Not sure what will happen for 2016.

Anonymous User · Post by **Anonymous User** » Wed Dec 23, 2015 7:13 pm

Seems Potter has matched.

http://www.potteranderson.com/careers-summer.html

Anonymous User · Post by **Anonymous User** » Wed Dec 23, 2015 9:24 pm

Anonymous User wrote:Seems Potter has matched.

http://www.potteranderson.com/careers-summer.html

Holy shit. So, let's interpret what that means for 2016 summer associates... still on the $145k pro-rated pay scale, but if they get an offer it's bumped up to $160k?

Anonymous User · Post by **Anonymous User** » Wed Dec 23, 2015 10:22 pm

so now that RLF and Potter have matched the MNAT scale, its left to YCST to up it and go to 190 right?

Anonymous User · Post by **Anonymous User** » Sat Dec 26, 2015 7:38 pm

Anonymous User wrote:
Anonymous User wrote:Seems Potter has matched.

http://www.potteranderson.com/careers-summer.html
Holy shit. So, let's interpret what that means for 2016 summer associates... still on the $145k pro-rated pay scale, but if they get an offer it's bumped up to $160k?

MNAT bumped up summer associate pay to 160 rates. Not sure about the others.

Anonymous User · Post by **Anonymous User** » Tue Dec 29, 2015 4:29 pm

Has anyone held anything definitive about RLF SA pay for this summer?

Anonymous User · Post by **Anonymous User** » Tue Dec 29, 2015 5:55 pm

Anonymous User wrote:Has anyone held anything definitive about RLF SA pay for this summer?

Haven't heard from them since I accepted my offer.

Anonymous User · Post by **Anonymous User** » Wed Jan 06, 2016 8:12 pm

Anonymous User wrote:
Anonymous User wrote:Has anyone held anything definitive about RLF SA pay for this summer?
Haven't heard from them since I accepted my offer.

Bump. Have any 2016 RLF SAs or entry-level associates heard anything official regarding pay?

Anonymous User · Post by **Anonymous User** » Wed Jan 06, 2016 8:35 pm

I'm a 3L starting at RLF in September. I have heard nothing official. NALP still reflected (as of a few days ago) 145, even though Morris was changed to 160.

I still think it's a safe bet, though. There is no way they could not go up.

Anonymous User · Post by **Anonymous User** » Wed Jan 06, 2016 9:35 pm

Anonymous User wrote:I'm a 3L starting at RLF in September. I have heard nothing official. NALP still reflected (as of a few days ago) 145, even though Morris was changed to 160.

I still think it's a safe bet, though. There is no way they could not go up.

I know, but I'm a neurotic law student and need things in writing.

Anonymous User · Post by **Anonymous User** » Wed Jan 06, 2016 10:11 pm

Anonymous User wrote:
Anonymous User wrote:I'm a 3L starting at RLF in September. I have heard nothing official. NALP still reflected (as of a few days ago) 145, even though Morris was changed to 160.

I still think it's a safe bet, though. There is no way they could not go up.
I know, but I'm a neurotic law student and need things in writing.

The truly neurotic would email the firm directly and ask. How about you take care of that and get back to us?

Anonymous User · Post by **Anonymous User** » Thu Jan 07, 2016 8:24 am

omg you schmucks just call Joni

but don't email because emails get forwarded and you don't want to be the one who got forwarded around

Anonymous User · Post by **Anonymous User** » Sun Jan 10, 2016 8:41 pm

Any word from YCST?

Anonymous User · Post by **Anonymous User** » Mon Feb 08, 2016 9:56 am

For anyone who cares, I have it on good authority that all of the Big 4 DE firms have gone to 160k.

Anonymous User · Post by **Anonymous User** » Mon Feb 08, 2016 4:58 pm

You're anon, would you mind sharing what authority that is?

Also not all big 4 firms are paying SAs on a $160k scale.

Anonymous User · Post by **Anonymous User** » Tue Apr 05, 2016 1:59 pm

RLF is officially 160K per NALP.

http://www.nalpdirectory.com/employer_p ... hCondJSON=

Anonymous User · Post by **Anonymous User** » Tue Apr 05, 2016 2:13 pm

Still haven't heard anything different than $145,000 scale for incoming 2016 summers at RLF.

Anonymous User · Post by **Anonymous User** » Tue Apr 05, 2016 2:38 pm

Check nalp summer comp and do the mAth. It's all there.

Anonymous User · Post by **Anonymous User** » Wed Apr 06, 2016 5:02 pm

Anonymous User wrote:Check nalp summer comp and do the mAth. It's all there.

I don't think that would necessarily be true/accurate. For example, Potter's website says this year's SAs will get paid on a $145k prorated pay scale; NALP says it will be the $160k prorated amount. NALP is likely just going off of Potter's announcement that incoming first-year associates will get $160k this year, not realizing it's keeping the summer rate at $145k.

DELG · Post by **DELG** » Fri Apr 08, 2016 3:46 pm

lol @ skimming cash off those summer paychecks

Delaware real pissed it had to move

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