Dentons
Posted: Sun Feb 28, 2016 4:46 pm
Maybe a shot in the dark, but can anyone fill me in on the Dentons US (non-NY) salary and bonus scale? TIA. (Other substantive comments on the firm also appreciated)
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NALP said $160K for Dallas.Anonymous User wrote:also interested to see if anyone has info on their Dallas office
NALP said 160 for 2 other firms in dallas (both v100) yet I know multiple people that work there and they make 140K....are the numbers always right?yogotti wrote:NALP said $160K for Dallas.Anonymous User wrote:also interested to see if anyone has info on their Dallas office
What firms are these would like to see this for myselfAnonymous User wrote:NALP said 160 for 2 other firms in dallas (both v100) yet I know multiple people that work there and they make 140K....are the numbers always right?yogotti wrote:NALP said $160K for Dallas.Anonymous User wrote:also interested to see if anyone has info on their Dallas office
Would you mind just sharing which offices you know of? Dentons is a large enough firm that I doubt an anonymous post would out who you are.Anonymous User wrote:Dentons has moved to 180 in several non-NY/non-Chicago markets.
I agree with you. But this assumes that there aren't a bunch of associates who were or are going to be shit canned in the coming months. Associates are going to be at least somewhat nervous about trumpeting layoffs ..Voyager wrote:I have no inside track.
But here is my take: Dentons has some good leaders.
Why do I say that?
Most of these awful places handle poor business by taking the axe to the one group that (a) has the least to do with the fact that business is bad and (b) is MOST negatively impact by being fired. That is to say: the associates.
The RIGHT thing to do in any business when shit goes badly, is to FIRE THOSE IN CHARGE. They fucked up. They are the ones that couldn't figure out how to drive revenue. And they cost a ton to keep around.
So GOOD FOR DENTONS for taking the axe FIRST to the worthless, parasitic partners. Bravo.
First question I ask when thinking about a failing business unit is not how many workers need to be let go, but who are the executive clowns that led us to this bad place and do we need to fire all of those leaders or only 75% of them.
Well there probably ARE a bunch of associate firings in the works at Dentons... but at least they started with the underperforming partners first...RaceJudicata wrote:I agree with you. But this assumes that there aren't a bunch of associates who were or are going to be shit canned in the coming months. Associates are going to be at least somewhat nervous about trumpeting layoffs ..Voyager wrote:I have no inside track.
But here is my take: Dentons has some good leaders.
Why do I say that?
Most of these awful places handle poor business by taking the axe to the one group that (a) has the least to do with the fact that business is bad and (b) is MOST negatively impact by being fired. That is to say: the associates.
The RIGHT thing to do in any business when shit goes badly, is to FIRE THOSE IN CHARGE. They fucked up. They are the ones that couldn't figure out how to drive revenue. And they cost a ton to keep around.
So GOOD FOR DENTONS for taking the axe FIRST to the worthless, parasitic partners. Bravo.
First question I ask when thinking about a failing business unit is not how many workers need to be let go, but who are the executive clowns that led us to this bad place and do we need to fire all of those leaders or only 75% of them.
I asked this at a CB I had there a few years ago. They're meaningless titles, basically. Managing Associates are midlevels (~3-5 years), Senior Managing Associates are senior associates (~6+ years). It's lockstep compensation AFAIK, but don't think they're on the current Cravath scale.Anonymous User wrote:Reviving this:
Can someone explain the associate hierarchy? I see Associates, Managing Associates, and Senior Managing Associates. Are those simply year-based? Also, are salaries tied to those titles or is it lockstep, with increases every year like other firms?
Also, besides for first-year associate salaries, does anyone have info on salaries for subsequent years and bonuses?
Asking for the NY/DC offices.
Thanks!
Not lock-step. All salary increases and bonuses are merit-based.Anonymous User wrote:I asked this at a CB I had there a few years ago. They're meaningless titles, basically. Managing Associates are midlevels (~3-5 years), Senior Managing Associates are senior associates (~6+ years). It's lockstep compensation AFAIK, but don't think they're on the current Cravath scale.Anonymous User wrote:Reviving this:
Can someone explain the associate hierarchy? I see Associates, Managing Associates, and Senior Managing Associates. Are those simply year-based? Also, are salaries tied to those titles or is it lockstep, with increases every year like other firms?
Also, besides for first-year associate salaries, does anyone have info on salaries for subsequent years and bonuses?
Asking for the NY/DC offices.
Thanks!
Any info?Anonymous User wrote:Are salaries tied to the "leveling up" - i.e. each Managing Associate, no matter how many years out of law school, have the same base salary or does it change for every year that you are out of law school? Can someone provide more info regarding general salaries/bonuses for 1st to 8th year associates in Dentons big market cities?
Also - what are examples of some of the competencies?
For reference, Schiff Hardin does this. You gain certain competencies and then level up. There are three categories - 1st makes one salary, 2nd makes another, and 3rd makes the most - but those salaries don't vary by individual or by years out of law school. The only thing that may vary is the bonus. Most of the time people graduate from one level to another at a similar pace but there are plenty that get through faster and still others that lag behind.