Cravath's Spawn - the Wave of Copycats - RUNNING TALLY Forum

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nahumya

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by nahumya » Tue Jun 14, 2016 6:45 pm

soj wrote:I know rules are rules, but it just doesn't seem right that DC hero Hogan Lovells gets a :evil: for not matching in Florida while Covington's ignominy is wiped off the OP. Never forget June 8, 2016, Day of Infamy.
+1

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 6:47 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:Fried Frank already this morning.

Is anyone left from the V25 that hasn't announced (besides Covington)?

Can anyone list the V50s that haven't announced?
These are the V50s that don't seem to have announced yet.

CovingTTTon
Jones Day
Wilmer
A&P
Cadwalader
Mayer Brown
Goodwin
Linklaters
Allen & Overy
DLA
Orrick
Morgan Lewis
K&L Gates
King & Spalding

Looks like these fall into a few different categories. Wilmer and Goodwin will presumably move now that Ropes moved, which in turn should get A&P moving. King & Spalding is in a tough place since it's an Atl firm and first-year market there is still 135-145. K&L and Morgan Lewis might have to think twice about their finances. Thoughts on the others?
Has Baker & McKenzie matched?
I can answer my own question...yes.
i don't think they have. they've just said it's under consideration.

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 6:48 pm

I want to know what's going on with DLA....that should force the hands of some of the V50 stragglers...

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jbagelboy

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by jbagelboy » Tue Jun 14, 2016 6:49 pm

Guyz

You cant remove covington from the CovingTTTon list

They must live in infamy

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 6:51 pm

jbagelboy wrote:Guyz

You cant remove covington from the CovingTTTon list

They must live in infamy
+1. I hope at least a few good people there lateralled already or will openly do so because of their tactics.

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 6:58 pm

Anonymous User wrote:I want to know what's going on with DLA....that should force the hands of some of the V50 stragglers...
DLA hopped on the $180K train this evening, if that's what you're referring to.

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 7:01 pm

Anonymous User wrote:
Anonymous User wrote:I want to know what's going on with DLA....that should force the hands of some of the V50 stragglers...
DLA hopped on the $180K train this evening, if that's what you're referring to.
Yeah, just waiting to see which offices got included

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 7:05 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:I want to know what's going on with DLA....that should force the hands of some of the V50 stragglers...
DLA hopped on the $180K train this evening, if that's what you're referring to.
Yeah, just waiting to see which offices got included
So far it looks like:

New York
DC
San Diego
Silicon Valley

These have been reported, but I'm assuming there are many others.

MrGoneUp

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by MrGoneUp » Tue Jun 14, 2016 7:16 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:I want to know what's going on with DLA....that should force the hands of some of the V50 stragglers...
DLA hopped on the $180K train this evening, if that's what you're referring to.
Yeah, just waiting to see which offices got included
So far it looks like:

New York
DC
San Diego
Silicon Valley

These have been reported, but I'm assuming there are many others.
The other thread mentions DLA Miami went to 180.

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 7:21 pm

Also DLA Austin; assuming Dallas and Houston as well but can't confirm.

HerculesQEinstein

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by HerculesQEinstein » Tue Jun 14, 2016 7:26 pm

Anonymous User wrote:
+1. I hope at least a few good people there lateralled already or will openly do so because of their tactics.
FACT CHECK: it actually takes more than 2 weeks to lateral

NJPitcher

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by NJPitcher » Tue Jun 14, 2016 7:28 pm

HerculesQEinstein wrote:
Anonymous User wrote:
+1. I hope at least a few good people there lateralled already or will openly do so because of their tactics.
FACT CHECK: it actually takes more than 2 weeks to lateral
Yea, if you're a chump. I've lateraled twice since I started typing this post, planning a third after I hit submit.

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 7:31 pm

MrGoneUp wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:I want to know what's going on with DLA....that should force the hands of some of the V50 stragglers...
DLA hopped on the $180K train this evening, if that's what you're referring to.
Yeah, just waiting to see which offices got included
So far it looks like:

New York
DC
San Diego
Silicon Valley

These have been reported, but I'm assuming there are many others.
The other thread mentions DLA Miami went to 180.
What is the other thread?

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 8:19 pm

Goodwin Procter just matched, all US offices.

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 8:40 pm

Just for reference, those of you at lingering v50 firms...

38/50 v50 firms have matched
42/60 v60 have matched

Someone else could go past 60 if they feel like looking at it, but those numbers as you move up the list start to justify those firms not matching...yet.

trbrny

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by trbrny » Tue Jun 14, 2016 9:17 pm

jbagelboy wrote:Guyz

You cant remove covington from the CovingTTTon list

They must live in infamy
Credited. Check out the latest update.

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ballouttacontrol

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by ballouttacontrol » Tue Jun 14, 2016 10:11 pm

soj wrote:I know rules are rules, but it just doesn't seem right that DC hero Hogan Lovells gets a :evil: for not matching in Florida while Covington's ignominy is wiped off the OP. Never forget June 8, 2016, Day of Infamy.
Agreed the sad faces seem a lil bit overboard... can u really fault a firm for not going to 180 in markets where standard pay is like 125?

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LaLiLuLeLo

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by LaLiLuLeLo » Tue Jun 14, 2016 10:12 pm

ballouttacontrol wrote:
soj wrote:I know rules are rules, but it just doesn't seem right that DC hero Hogan Lovells gets a :evil: for not matching in Florida while Covington's ignominy is wiped off the OP. Never forget June 8, 2016, Day of Infamy.
Agreed the sad faces seem a lil bit overboard... can u really fault a firm for not going to 180 in markets where standard pay is like 125?
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lawstoodent

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by lawstoodent » Tue Jun 14, 2016 10:50 pm

Any thoughts on if the whole V100 will match before OCI?

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 10:59 pm

Does anyone know if Goodwin is raising for summers as well?

Edited for autocorrect

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TLSModBot

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by TLSModBot » Tue Jun 14, 2016 11:06 pm

lawstoodent wrote:Any thoughts on if the whole V100 will match before OCI?
Not likely.

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 11:22 pm

Anonymous User wrote:Does anyone know if Goodwin is raising for summers as well?

Edited for autocorrect
They are.

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by Anonymous User » Tue Jun 14, 2016 11:23 pm

Capitol_Idea wrote:
lawstoodent wrote:Any thoughts on if the whole V100 will match before OCI?
Not likely.
i would say a substantial portion would that want to compete in major markets will match by OCI. If you're a firm that typically pulls a majority of your class from T14, you'll feel some heavy pressure to match by OCI. On top of that, if your PPP are north of 1.1-1.2m and have a low leverage (1-1.5) i think there is a very weak argument against doing it, absent insider information none of us are privy to.

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smokeylarue

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Re: Cravath's Spawn - the Wave of Copycats - RUNNING TALLY

Post by smokeylarue » Tue Jun 14, 2016 11:27 pm

According to that one google doc someone made that tracked the move to 160k back in 2007, looks like most firms raised salary by September 2007 (the first move was made January 2007).

Seriously? What are you waiting for?

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