Cravath's Spawn - the Wave of Copycats - RUNNING TALLY Forum

[smaug]

one of the ny elite firms will announce 190k base this week

Wishful thinking or . . . ?

Trolling

[2014]

one of the ny elite firms will announce 190k base this week

I'm skeptical Wachtell even makes an announcement, they will just adjust paychecks and no one will notice

[Bananapancakes]

tag. someone in other thread said on of TX big 3 in next few days

Wait, what? Did someone hear something from VE? They will lead that group, but I haven't heard anything out of any of the Texas offices yet.

dunno, also it seems Kirkland Houston will be going to 180 so that might put some pressure on

Did a memo go out to this effect?

No people are just expecting K&E to match in all offices due to Am Law article source from someone who is "familiar with the firm." Wouldn't be surprised if they do - they constantly pride themselves on being top of market in comp (with bonuses), but no official announcement has come from any partners there.

[FoxyBoi]

How long do you think it'll take for all of the V25, V50, V100 to fall in line? Or do you think we will see a gap somewhere down the list in compensation for awhile?

[trbrny]

Can we also create a part of the first post where we list all V50-100 firms and bold all those that have matched?

I think it's important to shame those firms that do not match New York market. To this end, we need to make it visually easy to see which do not pay market before recruiting time. This will help rising 2L students know which firms to completely forget about when it comes to bidding and comparing offers. Every competitive student at OCI this autumn should under no circumstances consider a firm that does not pay market, and the best way to do that is to make it as clear as possible to everyone which do not.

The more pressure we put on ALL firms to match, the more overall inflation in associate salaries there is, and the faster we reach $200k.

Dude. Are you kidding me? I do actually have a job. I'm assuming you are a 1L with some time on your hands, why not post that list in one of the comments on here?

Also, why the egregious use of anon to post that?

[Anonymous User]

Cleary matched. Memo went out today. DC office also.

[trbrny]

Cleary matched. Memo went out today. DC office also.

Awesome. Thanks for the heads up. List has been updated.

[Anonymous User]

STB has matched for all offices and their summers.

[trbrny]

STB has matched for all offices and their summers.

Thanks. Updated.

[Anonymous User]

STB has matched for all offices and their summers.

Thanks. Updated.

Unless they sent out a separate email to summers, raises are only to Class of 2015 through 2008. Also, no mention of Class of 2016.

[LazyLASA]

STB has matched for all offices and their summers.

Thanks. Updated.

Unless they sent out a separate email to summers, raises are only to Class of 2015 through 2008. Also, no mention of Class of 2016.

Because class of 2016 hasn't started yet. It's ridiculous to think they wouldn't be included. All of these are firm-wide pay rate changes.

[Anonymous User]

STB has matched for all offices and their summers.

Thanks. Updated.

Unless they sent out a separate email to summers, raises are only to Class of 2015 through 2008. Also, no mention of Class of 2016.

Because class of 2016 hasn't started yet. It's ridiculous to think they wouldn't be included. All of these are firm-wide pay rate changes.

My firm sent us an email telling us we better have a plan in place to spend the extra $20k now that we have a few months to think about it.

[splitmuch]

Someone from Cleary tell me more about TOPS

[mvp99]

STB has matched for all offices and their summers.

STB's Hou$$$$$$$ton a$$ociate$ mu$t be happy

[Anonymous User]

STB has matched for all offices and their summers.

Thanks. Updated.

Unless they sent out a separate email to summers, raises are only to Class of 2015 through 2008. Also, no mention of Class of 2016.

Because class of 2016 hasn't started yet. It's ridiculous to think they wouldn't be included. All of these are firm-wide pay rate changes.

True but other firms have explicitly been saying class of 2016. In any case, Simpson’s match (correct me if I’m wrong) is the first non-US raise. All offices are at the new scale including international offices paid on the original $160K scale, and the London sterling scale is being increased proportionately.

[LaLiLuLeLo]

Of course it applies to class of '16. We got an email about it. That's why I was hoping STB wouldn't chicken out and raise the bar to $190k.

[Anonymous User]

Of course it applies to class of '16. We got an email about it. That's why I was hoping STB wouldn't chicken out and raise the bar to $190k.

Ah well STB hasn’t notified incoming associates yet (or at least hasn’t notified non-NY incoming associates).

[Anonymous User]

STB has matched for all offices and their summers.

Thanks. Updated.

Unless they sent out a separate email to summers, raises are only to Class of 2015 through 2008. Also, no mention of Class of 2016.

Separate email was sent to the summers.

[trbrny]

Updated with confirmations for Cleary and STB.

[Anonymous User]

Debevoise match

[WinterComing]

Holwell Shuster & Goldberg

http://abovethelaw.com/2016/06/hot-liti ... p-winners/

[Anonymous User]

According to a current KE associate they have not yet matched officially, but we all see where this is going.

[trbrny]

Debevoise match

Thanks - added.

Holwell Shuster & Goldberg

http://abovethelaw.com/2016/06/hot-liti ... p-winners/

Not even sure who these dudes are, but added as well.

[trbrny]

u/d with Debvoise confirmation and Covington being evil.

[jbagelboy]

u/d with Debvoise confirmation and Covington being evil.

I'd say Covington is fairly verified. The memo is on here. http://abovethelaw.com/2016/06/biglaw-s ... ted-equal/