BigLaw in the NYC Market Forum
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- Posts: 78
- Joined: Mon Nov 12, 2012 1:54 am
BigLaw in the NYC Market
Do big firms care about anything other than the name of the school and the student's grades when hiring first year associates?
- Scotchandsoda
- Posts: 98
- Joined: Thu Jun 07, 2012 12:09 am
Re: BigLaw in the NYC Market
Doubt it. What else could they possibly care for....
- sambeber
- Posts: 256
- Joined: Fri Jan 14, 2011 7:05 pm
Re: BigLaw in the NYC Market
Yes, of course. Some items to get you started: pre-LS work experience in applicable fields; personality; journal or lack thereof; undergrad grades (some firms); grooming and appearance. Obviously, there are many more. Those are some of the big ones after school and LS grades.
- Yukos
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- untar614
- Posts: 642
- Joined: Mon Feb 04, 2013 1:01 pm
Re: BigLaw in the NYC Market
I'm guessing this thread was moved then?
Do NYC biglaw firms tend to pay more than biglaw elsewhere given the incredibly high COL in NYC compared to most other places?
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- Yukos
- Posts: 1774
- Joined: Fri Jul 29, 2011 12:47 pm
Re: BigLaw in the NYC Market
First year in major markets (LA, CHI, NYC, SF, some Texas firms) all pay the same. I've heard NY scales up a little faster but in general you're making less in NYC than elsewhere when you consider state and city (!) income tax and the astronomical COL. Probably the best deal is to live in Houston with no state income tax and a super low COL making 160k.untar614 wrote:I'm guessing this thread was moved then?
Do NYC biglaw firms tend to pay more than biglaw elsewhere given the incredibly high COL in NYC compared to most other places?
- AreJay711
- Posts: 3406
- Joined: Tue Jul 20, 2010 8:51 pm
Re: BigLaw in the NYC Market
Generally, NYC lockstep and bonuses are higher. But the COL is higher and they often require more hours. For example, my firm requires 1800 hours and starts at 160K. If you want to work 2200 hours you will make the equivalent of NY associates lockstep + bonus. If you work less, you make less. I'd imagine 2200 hours is still a prereq for partnership but I have no idea.
- Yukos
- Posts: 1774
- Joined: Fri Jul 29, 2011 12:47 pm
Re: BigLaw in the NYC Market
What market are you?AreJay711 wrote:Generally, NYC lockstep and bonuses are higher. But the COL is higher and they often require more hours. For example, my firm requires 1800 hours and starts at 160K. If you want to work 2200 hours you will make the equivalent of NY associates lockstep + bonus. If you work less, you make less. I'd imagine 2200 hours is still a prereq for partnership but I have no idea.
- piccolittle
- Posts: 1118
- Joined: Mon Oct 06, 2008 4:16 pm
Re: BigLaw in the NYC Market
Search function, man. Come on.