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

No. Stop ruining this for us.

why would they do that

you should be outed and banned

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.

Mack.Hambleton wrote:why would they do that

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

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

didntretake wrote:you should be outed and banned

I like this guy.

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.

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

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

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.

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."

Why you gotta be so negative man.

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

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.

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)

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

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

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

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

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.

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.

We are all so broken

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