Jones Day Raise/Review Forum

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Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Tue Jun 29, 2021 12:28 pm

wwwcol wrote:
Mon Jun 28, 2021 3:50 pm
cheaptilts wrote:
Mon Jun 28, 2021 10:56 am
It sounds like JD routinely pays top of the market in secondary cities, where it’s seen as one of the best shops in town. And it pays slightly below (or egregiously below) market in first-tier cities like NY and DC. That’s basically the entirely thread.
Yes, with the asterisk that the pay gap in major markets becomes bigger over time (no surprise there). Beyond me how they have any midlevels and seniors left in NYC/DC/Chicago/CA.
Based on how this round of raises went in my major market office, I'm sitting back and waiting for the flood of "Today is my last day, please keep in touch" emails from 3rd years on up

Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Tue Jun 29, 2021 2:18 pm

Anonymous User wrote:
Tue Jun 29, 2021 12:28 pm
wwwcol wrote:
Mon Jun 28, 2021 3:50 pm
cheaptilts wrote:
Mon Jun 28, 2021 10:56 am
It sounds like JD routinely pays top of the market in secondary cities, where it’s seen as one of the best shops in town. And it pays slightly below (or egregiously below) market in first-tier cities like NY and DC. That’s basically the entirely thread.
Yes, with the asterisk that the pay gap in major markets becomes bigger over time (no surprise there). Beyond me how they have any midlevels and seniors left in NYC/DC/Chicago/CA.
Based on how this round of raises went in my major market office, I'm sitting back and waiting for the flood of "Today is my last day, please keep in touch" emails from 3rd years on up
What were the raises like in your major market office? Basically go to market or so and ignore two years of bonuses?

Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Wed Jun 30, 2021 6:13 pm

Law360 and ATL are reporting current NLGs (Class of 2020) raised to $205,000 and the Class of 2021 raised to $202,500. As a member of the Class of 2021, a little bummed we're not getting $205,000, but hard to complain too much about this much cash.

LBJ's Hair

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Re: Jones Day Raise/Review

Post by LBJ's Hair » Wed Jun 30, 2021 6:44 pm

Anonymous User wrote:
Wed Jun 30, 2021 6:13 pm
Law360 and ATL are reporting current NLGs (Class of 2020) raised to $205,000 and the Class of 2021 raised to $202,500. As a member of the Class of 2021, a little bummed we're not getting $205,000, but hard to complain too much about this much cash.
you should be getting more than $205K if you're gonna keep pace w/market, no? since no bonus?

Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Wed Jun 30, 2021 7:14 pm

LBJ's Hair wrote:
Wed Jun 30, 2021 6:44 pm
Anonymous User wrote:
Wed Jun 30, 2021 6:13 pm
Law360 and ATL are reporting current NLGs (Class of 2020) raised to $205,000 and the Class of 2021 raised to $202,500. As a member of the Class of 2021, a little bummed we're not getting $205,000, but hard to complain too much about this much cash.
you should be getting more than $205K if you're gonna keep pace w/market, no? since no bonus?
Yeah, Class of 2021 should be getting ~$215,000. But this was my only option during OCI so, you know, whatever. If I don't like the firm I'll try to lateral 18-24 months from now.

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Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: Jones Day Raise/Review

Post by Anonymous User » Wed Jun 30, 2021 7:29 pm

Anonymous User wrote:
Wed Jun 30, 2021 6:13 pm
Law360 and ATL are reporting current NLGs (Class of 2020) raised to $205,000 and the Class of 2021 raised to $202,500. As a member of the Class of 2021, a little bummed we're not getting $205,000, but hard to complain too much about this much cash.
Any news on secondary markets?

Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: Jones Day Raise/Review

Post by Anonymous User » Wed Jun 30, 2021 7:53 pm

Anonymous User wrote:
Wed Jun 30, 2021 6:13 pm
Law360 and ATL are reporting current NLGs (Class of 2020) raised to $205,000 and the Class of 2021 raised to $202,500. As a member of the Class of 2021, a little bummed we're not getting $205,000, but hard to complain too much about this much cash.
You’re misreading this. What this means is that you will start in September 2021 at 202,500. On January 1, 2022, you will be raised to 205,000. Then on July 1, 2022, you will be raised again to a black-box amount that probably will be 220,000. If you don’t include special bonuses, this will put you $7500 behind market on December 31, 2022 or $5000 on June 31, 2023.

Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Wed Jun 30, 2021 8:43 pm

Anonymous User wrote:
Wed Jun 30, 2021 7:53 pm
Anonymous User wrote:
Wed Jun 30, 2021 6:13 pm
Law360 and ATL are reporting current NLGs (Class of 2020) raised to $205,000 and the Class of 2021 raised to $202,500. As a member of the Class of 2021, a little bummed we're not getting $205,000, but hard to complain too much about this much cash.
You’re misreading this. What this means is that you will start in September 2021 at 202,500. On January 1, 2022, you will be raised to 205,000. Then on July 1, 2022, you will be raised again to a black-box amount that probably will be 220,000. If you don’t include special bonuses, this will put you $7500 behind market on December 31, 2022 or $5000 on June 31, 2023.
It wasn't at all clear to me that Class of 2021 gets raised to $205,000. Wish I were getting more (i.e. bonuses and market raises), but like I said, didn't have (m)any other options.

Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Thu Jul 01, 2021 11:13 am

NALP is showing starting salary at 210k across all offices?

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Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Thu Jul 01, 2021 12:51 pm

Anonymous User wrote:
Thu Jul 01, 2021 11:13 am
NALP is showing starting salary at 210k across all offices?
Yup. Looks like all market paying offices are listed as $210,000 on NALP. Not sure why Law360 and ATL reported $202,500 then?

Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Thu Jul 01, 2021 2:12 pm

It looks like the Class of 2021 is starting at $210,000. "$210,000 all U.S. offices (Atlanta, Boston, Chicago, Cleveland, Columbus, Dallas, Detroit, Houston, Irvine, Los Angeles, Miami, Minneapolis, New York, Pittsburgh, San Diego, San Francisco, Silicon Valley, Washington)"

Source: https://www.jonesday.com/en/careers/loc ... ndbenefits

Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Thu Jul 01, 2021 3:38 pm

Anonymous User wrote:
Thu Jul 01, 2021 2:12 pm
It looks like the Class of 2021 is starting at $210,000. "$210,000 all U.S. offices (Atlanta, Boston, Chicago, Cleveland, Columbus, Dallas, Detroit, Houston, Irvine, Los Angeles, Miami, Minneapolis, New York, Pittsburgh, San Diego, San Francisco, Silicon Valley, Washington)"

Source: https://www.jonesday.com/en/careers/loc ... ndbenefits
No better place to be than JD in Columbus. No worse place to be than JD in NYC lol.

Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Thu Jul 01, 2021 6:11 pm

So, JD is beating the market for starting associates' base salaries, but still slightly below market b/c no bonuses?

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Anonymous User
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Re: Jones Day Raise/Review

Post by Anonymous User » Fri Jul 02, 2021 11:50 am

How do current JD associates feel about new NLGs being bumped to $210K, especially since a lot of associates had less than ideal raises?

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Re: Jones Day Raise/Review

Post by Anonymous User » Sat Jul 31, 2021 9:29 am

Any idea what I can expect in Atlanta as a 4th starting in September? When would my next pay increase be and is this first increase where the black box starts? Trying to gauge how close to the new 5th year salary (i.e., $305 on nee DPW or even $280 on the old scale) I can expect when I’ll be Year 5 in January.

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Re: Jones Day Raise/Review

Post by Anonymous User » Tue Aug 03, 2021 11:44 am

Anonymous User wrote:
Fri Jul 02, 2021 11:50 am
How do current JD associates feel about new NLGs being bumped to $210K, especially since a lot of associates had less than ideal raises?
Current associates were also bumped.

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