Adverse Implications of NY to 180 Forum

Anonymous User · Post by **Anonymous User** » Mon Jun 06, 2016 4:35 pm

Does the rise in base salary make it more likely that firms will no-offer summers or revoke offers from graduating 3Ls?

TLSModBot · Post by **TLSModBot** » Mon Jun 06, 2016 4:37 pm

No. Stop ruining this for us.

Mack.Hambleton · Post by **Mack.Hambleton** » Mon Jun 06, 2016 4:37 pm

why would they do that

didntretake · Post by **didntretake** » Mon Jun 06, 2016 4:38 pm

you should be outed and banned

KidStuddi · Post by **KidStuddi** » Mon Jun 06, 2016 4:50 pm

Probably means fewer partners made over the next year or two. First years more than pay for themselves and a 20k bump isn't going to change that.

Anonymous User · Post by **Anonymous User** » Mon Jun 06, 2016 4:52 pm

Mack.Hambleton wrote:why would they do that

One no-offer = nine 20k raises paid for.

Anonymous User · Post by **Anonymous User** » Mon Jun 06, 2016 4:53 pm

Wouldn't it be more likely that they'll just stealth a few slow areas?

Man from Nantucket · Post by **Man from Nantucket** » Mon Jun 06, 2016 4:57 pm

didntretake wrote:you should be outed and banned

I like this guy.

Monochromatic Oeuvre · Post by **Monochromatic Oeuvre** » Mon Jun 06, 2016 5:02 pm

LOL

"My industry just had to raise salaries because it's having such a difficult time retaining people; am I about to get fired?"

Never stop having crippling anxiety about everything, TLS.

Anonymous User · Post by **Anonymous User** » Mon Jun 06, 2016 5:21 pm

soooo if a firm we're at doesn't match, is it easy for a first year associate to lateral to another that does?

kaysta · Post by **kaysta** » Mon Jun 06, 2016 7:51 pm

I can no longer feel right bitching about working every weekend, that's somewhat adverse

jbagelboy · Post by **jbagelboy** » Mon Jun 06, 2016 9:37 pm

I mean, its a sort of interesting question in the abstract: which is the worse reputational harm for a large law firm, keeping salaries below the market rate, or matching only to no offer or slash class size? I almost think staying at $160k would be worse.

Still, you absolutely shouldn't be worrying about this right now, it's only an abstract question.

bwh8813 · Post by **bwh8813** » Mon Jun 06, 2016 11:13 pm

kaysta wrote:I can no longer feel right bitching about working every weekend, that's somewhat adverse

My wife's response to the news: "I'm afraid of what more they'll expect from you now."

lhanvt13 · Post by **lhanvt13** » Tue Jun 07, 2016 12:01 am

Why you gotta be so negative man.

Wild Card · Post by **Wild Card** » Tue Jun 07, 2016 12:36 am

Law school total CoA will rise from $80,000 to $100,000 per year.

pancakes3 · Post by **pancakes3** » Tue Jun 07, 2016 12:42 am

hypothetically speaking if i were a partner, i'd make it openly known that there would be one sacrificial lamb no-offer to justify the pay raise and watch the ensuing hunger games just for giggles.

Tiago Splitter · Post by **Tiago Splitter** » Tue Jun 07, 2016 8:44 am

pancakes3 wrote:hypothetically speaking if i were a partner, i'd make it openly known that there would be one sacrificial lamb no-offer to justify the pay raise and watch the ensuing hunger games just for giggles.

You gotta give everyone the choice via blind vote. Either no pay raise or 5% of your colleagues get shitcanned.

(Pay raise wins in a landslide)

smaug · Post by **smaug** » Tue Jun 07, 2016 8:52 am

(associates roll into work this morning; hear rains of castamere gently playing over the loudspeaker)

barkschool · Post by **barkschool** » Tue Jun 07, 2016 9:05 am

smaug wrote:(associates roll into work this morning; hear rains of castamere gently playing over the loudspeaker)

Latham announced as new theme song last night

jingosaur · Post by **jingosaur** » Tue Jun 07, 2016 9:58 am

The only adverse implication is that it isn't $190k

FloridaCoastalorbust · Post by **FloridaCoastalorbust** » Tue Jun 07, 2016 10:02 am

How should this affect OCI bidding strategies? Will v20 follow?

dixiecupdrinking · Post by **dixiecupdrinking** » Tue Jun 07, 2016 10:07 am

bwh8813 wrote:
kaysta wrote:I can no longer feel right bitching about working every weekend, that's somewhat adverse
My wife's response to the news: "I'm afraid of what more they'll expect from you now."

Can't lie, this was my first thought too. I'm preparing for a year of partners unapologetically dumping shit on me on Saturday night.

androstan · Post by **androstan** » Tue Jun 07, 2016 1:01 pm

dixiecupdrinking wrote:
bwh8813 wrote:
kaysta wrote:I can no longer feel right bitching about working every weekend, that's somewhat adverse
My wife's response to the news: "I'm afraid of what more they'll expect from you now."
Can't lie, this was my first thought too. I'm preparing for a year of partners unapologetically dumping shit on me on Saturday night.

Yeah I don't even want to hint to my wife that pay raises might be coming. She already talks about me going into fedgov or something else that will be a salary and hours cut.

DELG · Post by **DELG** » Tue Jun 07, 2016 1:03 pm

We are all so broken

UVAIce · Post by **UVAIce** » Tue Jun 07, 2016 1:16 pm

Whenever I read threads like this I'm so happy that I don't practice in NYC.

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