Top Law Schools

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.

This is the definition of ITE.

This profession is such a joke.

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

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.

It is when you expect near 24/7 availability.

Desert Fox wrote: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?

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

NY to 145

flawschoolkid wrote:

Desert Fox wrote: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.

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

911 crisis actor wrote: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

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

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.

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

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

(Yes I mad and poor.)

BigZuck wrote: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.

nyc to 190k!

Desert Fox wrote: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.

hiima3L wrote: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.

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

patogordo wrote:"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

DELG wrote:

hiima3L wrote: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).

Anonymous User wrote:

DELG wrote:

hiima3L wrote: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.

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