NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon does a 180! Holder wept.) Forum

[Anonymous User]

First non-joking poast in a while:

Have any of these firms not matching at least sent some communication with associates, notifying them that management is aware of what's going on and will address it (or whatever)?

People deserve at least that.

Sheppard Mullin sent this email on Friday evening:

All of us have been reading about the changes in associate salary that are currently taking place in large law firms. Our firm’s management is following the developments in the market and considering the way in which our firm should respond. As in the past, firm management will be influenced by the actions of the law firms with which our firm competes most often for Associate talent. At present, most of those firms have not yet announced changes. We will continue to monitor market developments, and we will communicate with you again.

[Anonymous User]

First non-joking poast in a while:

Have any of these firms not matching at least sent some communication with associates, notifying them that management is aware of what's going on and will address it (or whatever)?

People deserve at least that.

Nope. I'm at one of A&P CWT SRZ K&S and have received nothing its just associate speculation. it was mentioned to a junior partner in a drinking setting and she/he had no idea what was going on

[PennBull]

it was mentioned to a junior partner in a drinking setting and she/he had no idea what was going on

LOL

jfc

[Anonymous User]

I'm the anon without an email. To clarify, I'm a 3L/pending first year, so that makes sense why I didn't get the email. Thanks for the confirmation!

[Actus Reus]

I'm the anon without an email. To clarify, I'm a 3L/pending first year, so that makes sense why I didn't get the email. Thanks for the confirmation!

Did you as a law school graduate / not admitted bar passer actually think the firm would e-mail you first? 180K ENTITLEMENT IF I'VE EVER SEEN IT.

[LaLiLuLeLo]

I'm the anon without an email. To clarify, I'm a 3L/pending first year, so that makes sense why I didn't get the email. Thanks for the confirmation!

You'll probably get one. I got one a few hours after the announcement.

[Anonymous User]

First non-joking poast in a while:

Have any of these firms not matching at least sent some communication with associates, notifying them that management is aware of what's going on and will address it (or whatever)?

People deserve at least that.

Sheppard Mullin sent this email on Friday evening:

All of us have been reading about the changes in associate salary that are currently taking place in large law firms. Our firm’s management is following the developments in the market and considering the way in which our firm should respond. As in the past, firm management will be influenced by the actions of the law firms with which our firm competes most often for Associate talent. At present, most of those firms have not yet announced changes. We will continue to monitor market developments, and we will communicate with you again.

Orrick sent one out on Friday saying there was a meeting planned for this week. No word since then.

[Tiago Splitter]

First non-joking poast in a while:

Have any of these firms not matching at least sent some communication with associates, notifying them that management is aware of what's going on and will address it (or whatever)?

People deserve at least that.

Sheppard Mullin sent this email on Friday evening:

All of us have been reading about the changes in associate salary that are currently taking place in large law firms. Our firm’s management is following the developments in the market and considering the way in which our firm should respond. As in the past, firm management will be influenced by the actions of the law firms with which our firm competes most often for Associate talent. At present, most of those firms have not yet announced changes. We will continue to monitor market developments, and we will communicate with you again.

SMRH needs to be advanced up the shit list ASAP.

"We compete with such elite firms as Covington & Burling and the Law Offices of Larry H. Parker, neither of which has announced a raise."

[Monochromatic Oeuvre]

First non-joking poast in a while:

Have any of these firms not matching at least sent some communication with associates, notifying them that management is aware of what's going on and will address it (or whatever)?

People deserve at least that.

Nope. I'm at one of A&P CWT SRZ K&S and have received nothing its just associate speculation. it was mentioned to a junior partner in a drinking setting and she/he had no idea what was going on

I have a really hard time with the notion that STB can match in a day or two but the entire HHR et. al partnership is just so busy it can't be bothered to even address it for a week.

[JenDarby]

SMRH needs to be advanced up the shit list ASAP.

"We compete with such elite firms as Covington & Burling and the Law Offices of Larry H. Parker, neither of which has announced a raise."

lol this is great

[Anonymous User]

I'm the anon without an email. To clarify, I'm a 3L/pending first year, so that makes sense why I didn't get the email. Thanks for the confirmation!

Did you as a law school graduate / not admitted bar passer actually think the firm would e-mail you first? 180K ENTITLEMENT IF I'VE EVER SEEN IT.

It's true. I admit my folly. I thought that they would send out one huge email, but I can definitely see why they do the internal email first.

[Anonymous User]

I am about to start at PW and still haven't received an email from them.

[Anonymous User]

DLA also TTT?? or is there a chance they'll match

Zero chatter in my TX office (currently on $160K scale). When the Cravath news first broke, a senior associate in the know told me that emails were flying around the associates committee and that firm leadership was aware. He was not optimistic that we'd match, but this was before our biggest competitor in town did match (today). If there's a fear we will start losing associates in our tight and low-leverage market, that could put a lot of pressure on the partners to pony up.

Either way, the deafening silence from firm leadership is not ENJOYable.

[Anonymous User]

First non-joking poast in a while:

Have any of these firms not matching at least sent some communication with associates, notifying them that management is aware of what's going on and will address it (or whatever)?

People deserve at least that.

Sheppard Mullin sent this email on Friday evening:

All of us have been reading about the changes in associate salary that are currently taking place in large law firms. Our firm’s management is following the developments in the market and considering the way in which our firm should respond. As in the past, firm management will be influenced by the actions of the law firms with which our firm competes most often for Associate talent. At present, most of those firms have not yet announced changes. We will continue to monitor market developments, and we will communicate with you again.

SMRH needs to be advanced up the shit list ASAP.

"We compete with such elite firms as Covington & Burling and the Law Offices of Larry H. Parker, neither of which has announced a raise."

Management provided us with a list of firms they consider "peer" when there were issues with bonuses and other benefits. Based on the movement in the last few days, we basically just need Orrick and Pillsbury to match, then any argument for not matching will become suspect. Loeb, Alston and Bird, and Arnold and Porter would be nice, too.

[Anonymous User]

Loeb sent one of those "we're aware of the situation" emails on Friday afternoon.

[Anonymous User]

I'm at an international V50, and I think the number of international offices and recent moves by other firms in markets abroad are giving our partnership more cause for pause than they might otherwise have, though some of our most direct peers have already moved. There's silence from the partners, but associates aren't exactly shy about talking about it with each other.

[Anonymous User]

https://www.youtube.com/results?search_query=hallelujah

[Anonymous User]

First non-joking poast in a while:

Have any of these firms not matching at least sent some communication with associates, notifying them that management is aware of what's going on and will address it (or whatever)?

People deserve at least that.

Radio silence at JD. Makes for a lot of frustrated/antsy associates...

[Anonymous User]

It seems like most of the announcements today don't include summers. What should we make of that?

[Anonymous User]

First non-joking poast in a while:

Have any of these firms not matching at least sent some communication with associates, notifying them that management is aware of what's going on and will address it (or whatever)?

People deserve at least that.

Radio silence at JD. Makes for a lot of frustrated/antsy associates...

What are the rumors amongst associates? How do you think it will affect black box?

[Anonymous User]

what's with baker? anyone know what their miami office is paying now?

[Anonymous User]

Ropes & Gray to 180. Just now

all offices?

[jbagelboy]

sheppard "shiTTTTard" mullin pulled a covingTTTon

[Anonymous User]

similar to PW anon above, my firm matched last week and as an incoming associate I haven't heard anything.

[TFALAWL]

sheppard "shiTTTTard" mullin pulled a covingTTTon

Well considering they regularly no-offer summers, maybe not raising is a good thing for associates in terms of job security.