NY to 200k?! Forum

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Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 11:34 am

doctor wrote:
Thu Jun 24, 2021 11:17 am
Anonymous User wrote:
Thu Jun 24, 2021 10:31 am
Cleary just bumped class of 2021 and summers' salary to $205k.
How did they make the announcement?
Emailed an updated salary memo.

doctor

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Re: NY to 200k?!

Post by doctor » Thu Jun 24, 2021 11:56 am

Anonymous User wrote:
Thu Jun 24, 2021 11:34 am
doctor wrote:
Thu Jun 24, 2021 11:17 am
Anonymous User wrote:
Thu Jun 24, 2021 10:31 am
Cleary just bumped class of 2021 and summers' salary to $205k.
How did they make the announcement?
Emailed an updated salary memo.
Nice. So who gets credit for beating the DPW scale and setting the new market floor? From ATL's chart, it looks like Skadden was the first to ditch the $202.5 nonsense, but Cravath was the first to explicitly say summers and stubs were at $205. Sounds to me like we're back to the Cravath Scale.

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 12:21 pm

doctor wrote:
Thu Jun 24, 2021 11:56 am
Anonymous User wrote:
Thu Jun 24, 2021 11:34 am
doctor wrote:
Thu Jun 24, 2021 11:17 am
Anonymous User wrote:
Thu Jun 24, 2021 10:31 am
Cleary just bumped class of 2021 and summers' salary to $205k.
How did they make the announcement?
Emailed an updated salary memo.
Nice. So who gets credit for beating the DPW scale and setting the new market floor? From ATL's chart, it looks like Skadden was the first to ditch the $202.5 nonsense, but Cravath was the first to explicitly say summers and stubs were at $205. Sounds to me like we're back to the Cravath Scale.
Ehhhhhhh no. Cravath does not get to take credit for this simply on a technicality. Those fuckers lost their claim to fame and can only gain it back by going over the top or starting the next series of raises. Raising stubs by $2500 most certainly does not count, especially since even their claim to that is tenuous at best.

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 12:24 pm

Perkins Coie match across market offices according to ATL.

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 12:47 pm

What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.

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Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 12:52 pm

Anonymous User wrote:
Thu Jun 24, 2021 12:47 pm
What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.
K&S literally just matched, class of 2020 at $205k. Across all offices. As an Atlanta associate, let me just say woo hooooooo

Anonymous User
Posts: 428457
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Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 1:02 pm

Anonymous User wrote:
Tue Jun 22, 2021 12:09 am
FYI WSGR summers are getting salary matched to 205k, not 202.5k. Not sure about class of 2021 though.

Source: am WSGR summer
Fall associates start at 205k according to our employment verification letters they sent out the other day. So WSGR is officially in the 205 crew

Anonymous User
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Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 1:18 pm

Anonymous User wrote:
Thu Jun 24, 2021 12:52 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:47 pm
What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.
K&S literally just matched, class of 2020 at $205k. Across all offices. As an Atlanta associate, let me just say woo hooooooo
Leak that shit to ATL — I need to send something better than a TLS post to my firm’s compensation committee.

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Definitely Not North

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Re: NY to 200k?!

Post by Definitely Not North » Thu Jun 24, 2021 1:18 pm

Anonymous User wrote:
Thu Jun 24, 2021 12:24 pm
Perkins Coie match across market offices according to ATL.
Wait so is Perkins Coie paying NY market now?

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Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 1:32 pm

Anonymous User wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:52 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:47 pm
What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.
K&S literally just matched, class of 2020 at $205k. Across all offices. As an Atlanta associate, let me just say woo hooooooo
Leak that shit to ATL — I need to send something better than a TLS post to my firm’s compensation committee.
On a practical note, how do people actually leak to ATL? Create a new gmail address?

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 1:39 pm

Definitely Not North wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:24 pm
Perkins Coie match across market offices according to ATL.
Wait so is Perkins Coie paying NY market now?
Only for select offices

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 1:51 pm

Anonymous User wrote:
Thu Jun 24, 2021 1:32 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:52 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:47 pm
What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.
K&S literally just matched, class of 2020 at $205k. Across all offices. As an Atlanta associate, let me just say woo hooooooo
Leak that shit to ATL — I need to send something better than a TLS post to my firm’s compensation committee.
On a practical note, how do people actually leak to ATL? Create a new gmail address?
People leak to journalists all the time using their usual personal email/phones/etc. ATL is not exactly the Wall Street Journal but they have kept the confidence of their sources all the same over the years.

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 2:00 pm

Anonymous User wrote:
Thu Jun 24, 2021 1:51 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:32 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:52 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:47 pm
What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.
K&S literally just matched, class of 2020 at $205k. Across all offices. As an Atlanta associate, let me just say woo hooooooo
Leak that shit to ATL — I need to send something better than a TLS post to my firm’s compensation committee.
On a practical note, how do people actually leak to ATL? Create a new gmail address?
People leak to journalists all the time using their usual personal email/phones/etc. ATL is not exactly the Wall Street Journal but they have kept the confidence of their sources all the same over the years.
I would think the concern would not be ATL keeping something confidential, but the firm's IT department seeing an email to ATL.

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Definitely Not North

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Re: NY to 200k?!

Post by Definitely Not North » Thu Jun 24, 2021 2:00 pm

Anonymous User wrote:
Thu Jun 24, 2021 1:39 pm
Definitely Not North wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:24 pm
Perkins Coie match across market offices according to ATL.
Wait so is Perkins Coie paying NY market now?
Only for select offices
Ah, ok. Is Seattle one of them?

cheaptilts

Silver
Posts: 593
Joined: Mon Jul 01, 2013 11:29 pm

Re: NY to 200k?!

Post by cheaptilts » Thu Jun 24, 2021 2:03 pm

Anonymous User wrote:
Thu Jun 24, 2021 2:00 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:51 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:32 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:52 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:47 pm
What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.
K&S literally just matched, class of 2020 at $205k. Across all offices. As an Atlanta associate, let me just say woo hooooooo
Leak that shit to ATL — I need to send something better than a TLS post to my firm’s compensation committee.
On a practical note, how do people actually leak to ATL? Create a new gmail address?
People leak to journalists all the time using their usual personal email/phones/etc. ATL is not exactly the Wall Street Journal but they have kept the confidence of their sources all the same over the years.
I would think the concern would not be ATL keeping something confidential, but the firm's IT department seeing an email to ATL.
It’s already on nonequitypartner’s Instagram story.

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 2:29 pm

K&S scale only goes up to class of 2014 / $350k. They might be trying to screw associates who are more senior because they might think that those associates will stay for partnership prospect anyway. Right now, the salary for 2013 and above is not clear.

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 3:19 pm

Definitely Not North wrote:
Thu Jun 24, 2021 2:00 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:39 pm
Definitely Not North wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:24 pm
Perkins Coie match across market offices according to ATL.
Wait so is Perkins Coie paying NY market now?
Only for select offices
Ah, ok. Is Seattle one of them?
I think historically you could elect for NY pay if you were on a 1950 billable hours expectation. However, I think even on the 1950 billable hours track there was salary compression beginning in year 3. Would love to know more details though / if that has changed.

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peperharow

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Re: NY to 200k?!

Post by peperharow » Thu Jun 24, 2021 6:50 pm

Wondering when Ropes will formally announce the match. Nothing since they mentioned in the Town Hall that they would.

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 7:15 pm

Anonymous User wrote:
Thu Jun 24, 2021 1:02 pm
Anonymous User wrote:
Tue Jun 22, 2021 12:09 am
FYI WSGR summers are getting salary matched to 205k, not 202.5k. Not sure about class of 2021 though.

Source: am WSGR summer
Fall associates start at 205k according to our employment verification letters they sent out the other day. So WSGR is officially in the 205 crew
:mrgreen: :mrgreen:

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 7:15 pm

Anonymous User wrote:
Thu Jun 24, 2021 1:02 pm
Anonymous User wrote:
Tue Jun 22, 2021 12:09 am
FYI WSGR summers are getting salary matched to 205k, not 202.5k. Not sure about class of 2021 though.

Source: am WSGR summer
Fall associates start at 205k according to our employment verification letters they sent out the other day. So WSGR is officially in the 205 crew
:mrgreen: :mrgreen:

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Thu Jun 24, 2021 8:38 pm

Anonymous User wrote:
Thu Jun 24, 2021 2:00 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:51 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:32 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:52 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:47 pm
What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.
K&S literally just matched, class of 2020 at $205k. Across all offices. As an Atlanta associate, let me just say woo hooooooo
Leak that shit to ATL — I need to send something better than a TLS post to my firm’s compensation committee.
On a practical note, how do people actually leak to ATL? Create a new gmail address?
People leak to journalists all the time using their usual personal email/phones/etc. ATL is not exactly the Wall Street Journal but they have kept the confidence of their sources all the same over the years.
I would think the concern would not be ATL keeping something confidential, but the firm's IT department seeing an email to ATL.
Yeah, I mean don't use your firm email account or a firm laptop or network, I guess. The poster I replied to was talking about making a dummy email account just to send a firm comp memo to ATL, which seems very unnecessary.

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unlicensedpotato

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Re: NY to 200k?!

Post by unlicensedpotato » Thu Jun 24, 2021 9:52 pm

Anonymous User wrote:
Thu Jun 24, 2021 8:38 pm
Anonymous User wrote:
Thu Jun 24, 2021 2:00 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:51 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:32 pm
Anonymous User wrote:
Thu Jun 24, 2021 1:18 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:52 pm
Anonymous User wrote:
Thu Jun 24, 2021 12:47 pm
What’s up with K&S? Seems like they’re in an interesting spot since they recently went to a unified salary for all associates.
K&S literally just matched, class of 2020 at $205k. Across all offices. As an Atlanta associate, let me just say woo hooooooo
Leak that shit to ATL — I need to send something better than a TLS post to my firm’s compensation committee.
On a practical note, how do people actually leak to ATL? Create a new gmail address?
People leak to journalists all the time using their usual personal email/phones/etc. ATL is not exactly the Wall Street Journal but they have kept the confidence of their sources all the same over the years.
I would think the concern would not be ATL keeping something confidential, but the firm's IT department seeing an email to ATL.
Yeah, I mean don't use your firm email account or a firm laptop or network, I guess. The poster I replied to was talking about making a dummy email account just to send a firm comp memo to ATL, which seems very unnecessary.
Not to say that this means you couldn't get in trouble, but I suspect that firms want these types of memos to leak (and would potentially leak it themselves if no one else did).

Anonymous User
Posts: 428457
Joined: Tue Aug 11, 2009 9:32 am

Re: NY to 200k?!

Post by Anonymous User » Fri Jun 25, 2021 10:15 pm

Winston & Strawn bumped up days ago. I'm surprised this is not on ATL yet.

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

Re: NY to 200k?!

Post by Anonymous User » Mon Jun 28, 2021 4:01 am

Do you guys think Milbank (currently @200k; as far as I’m aware it’s the only one on this scale) will match DPW anytime soon?!

2013

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Re: NY to 200k?!

Post by 2013 » Mon Jun 28, 2021 8:03 am

Anonymous User wrote:
Mon Jun 28, 2021 4:01 am
Do you guys think Milbank (currently @200k; as far as I’m aware it’s the only one on this scale) will match DPW anytime soon?!
The silence makes me think that it is going to raise above DPW.

Seriously? What are you waiting for?

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