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Word on the street is that EY will be hiring lawyers at 150k.
Any other news on other firms matching?

Ernst & Young?

ArtistOfManliness wrote:Ernst & Young?

yes. for tax llms.

Anonymous User wrote:

ArtistOfManliness wrote:Ernst & Young?

yes. for tax llms.

Curious as to where you heard this from...

The big 4 wouldnt ever pay this much. Where did you hear this?

Anonymous User wrote:The big 4 wouldnt ever pay this much. Where did you hear this?

Not the OP, but I'm a tax llm and can confirm EY M&A going up to 140 base + 5 signing + 5 bar pass bonus from the spring.

Anonymous User wrote:

Anonymous User wrote:The big 4 wouldnt ever pay this much. Where did you hear this?

Not the OP, but I'm a tax llm and can confirm EY M&A going up to 140 base + 5 signing + 5 bar pass bonus from the spring.

I heard that they work you biglaw hours. So essentially, biglaw hours without biglaw money.

Anonymous User wrote:

ArtistOfManliness wrote:Ernst & Young?

yes. for tax llms.

Always been curious, can lawyers at non-law firms (like E&Y) practice law?

rahulg91 wrote:

Anonymous User wrote:

ArtistOfManliness wrote:Ernst & Young?

yes. for tax llms.

Always been curious, can lawyers at non-law firms (like E&Y) practice law?

No. Interviewed at Deloitte. They really emphasized the fact that I would not be practicing law, and that as an accounting firm they could not provide legal advice.

ND2018 wrote:

rahulg91 wrote:

Anonymous User wrote:

ArtistOfManliness wrote:Ernst & Young?

yes. for tax llms.

Always been curious, can lawyers at non-law firms (like E&Y) practice law?

No. Interviewed at Deloitte. They really emphasized the fact that I would not be practicing law, and that as an accounting firm they could not provide legal advice.

Fyi: http://top-law-schools.com/forums/viewt ... 3&t=271592

Techincally you can't due to Sarbanes-Oxley, but many do in the sense of giving "tax advice" which could include legal ramifications - read: you are providing advice that has "legal components."

Any idea of what

That's close to Senior Manager level pay...
EY must be serious

word on the street: PwC M&A won't match.

Word on the street is that they are extremely active in the cybersecurity space and are starting to provide similar data privacy services as many law firms. It is easier just go to go a big 4 for one stop shop than to go to two separate firms.

-deleted-

It seems like TIP will be:

Biglaw
EY
-------------------
PwC/Deloitte
-------------------
-------------------
Mid/Small law
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KPMG & others

Anonymous User wrote:word on the street: PwC M&A won't match.

So PwC confirms they are 2nd tier now?

Anonymous User wrote:

Anonymous User wrote:The big 4 wouldnt ever pay this much. Where did you hear this?

Not the OP, but I'm a tax llm and can confirm EY M&A going up to 140 base + 5 signing + 5 bar pass bonus from the spring.

Hi anon, could you PM me? Thanks!

EDIT: anyone who can personally confirm -- please PM me. Would like to negotiate with non-EY Big 4.

I can confirm the $140k figure as well.

Anonymous User wrote:

Anonymous User wrote:

Anonymous User wrote:The big 4 wouldnt ever pay this much. Where did you hear this?

Not the OP, but I'm a tax llm and can confirm EY M&A going up to 140 base + 5 signing + 5 bar pass bonus from the spring.

I heard that they work you biglaw hours. So essentially, biglaw hours without biglaw money.

What are billable hours at EY?

I thought they only billed like 1800?

Depending on group and rank, goals are set as a % of full utilization (2,080 hours). Lower ranks such as staff and senior in my group are in the 70-80% range; manager and above are in the 60-70% range. But you also have to "eat" a bunch of time for proposals, admin, and dead deals.

A friend of mine is a first year senior (JD/LLM). He tells me that his class is making significantly less than the $150k being doled out to fresh hires. He is actively looking to exit, as are others in his group.

I'd be very surprised if EY doesn't gross up its current associates.

PwC went 140k.
120 + 15 + 5.
Can confirm because I got an offer.
Happy that it went up, but slightly disappointed at not matching with EY. Maybe I should try TIP out after all.

Anonymous User wrote:PwC went 140k.
120 + 15 + 5.
Can confirm because I got an offer.
Happy that it went up, but slightly disappointed at not matching with EY. Maybe I should try TIP out after all.

You're getting an LLM? is llm worth it? What's employment looking like for your class?