DF Thread Forum

[Desert Fox]

Hey guys we are breaking all the revenue and profit records. We are growing! This firm is going places!

2 beats later

Unfortunately with the poor economy, we can't give better bonuses! Time are tough. You can share 1/36th of a secretary. Dinner expensing is limited to 15.99. You have to share an office until you are a 5th year.

[Yukos]

This is the definition of ITE.

[FSK]

This profession is such a joke.

[Desert Fox]

If you work over 2000 hours you are an uncle tom.

[Hutz_and_Goodman]

Isn't this just the same as every other profession? The only way you are paid more/better hours is if you have leverage. A law grad with 0-3 years experience making $170k-210k isn't really underpaid.

[Desert Fox]

It is when you expect near 24/7 availability.

[FSK]

It is when you expect near 24/7 availability.

And the salary hasn't change for 7 years, when profits have gone up and leverage has gone down?

[BigZuck]

The title of this thread is best if you read it with a Mario voice.

[911 crisis actor]

NY to 145

[Hutz_and_Goodman]

It is when you expect near 24/7 availability.

And the salary hasn't change for 7 years, when profits have gone up and leverage has gone down?

Right, leverage has gone down because the only legal job where you make this much $ for someone with little experience is another big law firm. Partners are able to enjoy record levels of profits-->salaries because associate salaries are all lock step, and so there is no way for associates to play back at them.

[911 crisis actor]

This is why people with offers from Boies and W&C are ethically and morally obligated to accept

[PMan99]

This is why people with offers from Boies and W&C are ethically and morally obligated to accept

But I gotta cop dat V5 prestige

[McAvoy]

The title of this thread is best if you read it with a Mario voice.

[Monochromatic Oeuvre]

In 2000, Cravath had an all-in compensation of $160k and PPP of $1.6M.

Since then, PPP more than doubled while associate compensation didn't even beat inflation.

These are not "market dynamics" at play. This is a bunch of greedy people who operate in an environment rife with market failure. And guess who gets fucked for it.

[patogordo]

that's what associates get for working twice as hard for the same pay

[hiima3L]

Oh you poor underpaid 1-3 year associates. Your wealth of knowledge and experience certainly justifies more $.

(Yes I mad and poor.)

[DELG]

The title of this thread is best if you read it with a Mario voice.

so glad i actually did this. out loud on an amtrak train.

[mvp99]

nyc to 190k!

[dresden doll]

It is when you expect near 24/7 availability.

Yeah, you better be well paid if you're going to irritate your partner/kids to no end with that shit.

[DELG]

Oh you poor underpaid 1-3 year associates. Your wealth of knowledge and experience certainly justifies more $.

(Yes I mad and poor.)

How about the fact that they demand we have an expensive, prestigious law degree to work here.

[patogordo]

"any idiot with $200k in nondischargeable debt could do your job!"

[DELG]

"any idiot with $200k in nondischargeable debt could do your job!"

sort of awkward position, wanting people who both have good judgment and also expensive law degrees

[Anonymous User]

Oh you poor underpaid 1-3 year associates. Your wealth of knowledge and experience certainly justifies more $.

(Yes I mad and poor.)

How about the fact that they demand we have an expensive, prestigious law degree to work here.

Not always the case. T2 on a full scholly ftw

(Yes, I know this is not a fool-proof path to BigLaw. Yes, I know T2 is never TCR. However it worked out for me).

[Desert Fox]

Oh you poor underpaid 1-3 year associates. Your wealth of knowledge and experience certainly justifies more $.

(Yes I mad and poor.)

How about the fact that they demand we have an expensive, prestigious law degree to work here.

Not always the case. T2 on a full scholly ftw

(Yes, I know this is not a fool-proof path to BigLaw. Yes, I know T2 is never TCR. However it worked out for me).

Well they still demand a 3 year degree with amazing grades.

[DELG]

also unless you live at home or get living expenses paid you're gonna end up with a fat tab anyway

and let's be real they'd rather you went to HLS