Jones Day Compensation Data Points Forum

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Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Fri Jun 24, 2022 11:33 am

Did current NLGs get bumped to $235K?

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Fri Jun 24, 2022 2:26 pm

Yes, NLGs got bumped to 235.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Fri Jun 24, 2022 4:33 pm

Anonymous User wrote:
Fri Jun 24, 2022 2:26 pm
Yes, NLGs got bumped to 235.
Effectively means NLGs 10k under market for 2022

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Fri Jun 24, 2022 6:48 pm

Anonymous User wrote:
Fri Jun 24, 2022 4:33 pm
Anonymous User wrote:
Fri Jun 24, 2022 2:26 pm
Yes, NLGs got bumped to 235.
Effectively means NLGs 10k under market for 2022
That’s assuming you all hit 2,000 hours.. which most firms require for a bonus. And the NLG structure isn’t set up in a way that is helpful for billing that many hours. Enjoy less work and a little less pay.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Fri Jun 24, 2022 7:46 pm

How’d people make out? I’ve heard mixed things—some with small bumps and others on par with last year’s significant raises. I’m a midlevel in a secondary market with about a 25% kick this year but still, as always, below market when including bonuses.

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Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Fri Jun 24, 2022 8:03 pm

Anonymous User wrote:
Fri Jun 24, 2022 6:48 pm
Anonymous User wrote:
Fri Jun 24, 2022 4:33 pm
Anonymous User wrote:
Fri Jun 24, 2022 2:26 pm
Yes, NLGs got bumped to 235.
Effectively means NLGs 10k under market for 2022
That’s assuming you all hit 2,000 hours.. which most firms require for a bonus. And the NLG structure isn’t set up in a way that is helpful for billing that many hours. Enjoy less work and a little less pay.
Pretty sure all NLGs got bumped, regardless of hours.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Fri Jun 24, 2022 8:16 pm

Anonymous User wrote:
Fri Jun 24, 2022 7:46 pm
How’d people make out? I’ve heard mixed things—some with small bumps and others on par with last year’s significant raises. I’m a midlevel in a secondary market with about a 25% kick this year but still, as always, below market when including bonuses.
I'm happy, but I haven't heard from many others. Any other midlevels out there?

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Sat Jun 25, 2022 12:54 am

Midlevel here. Slightly higher than the current market base salary for the upcoming class year but really far from where the market is when you factor in bonuses. I’m disappointed.

Would seem like I’m doing great if I ignored the compensation, but the reality is gap is now significant compared to what I can make elsewhere (particularly as I have the hours to get market bonuses).

Shows where they value me… I’m now strongly considering a move elsewhere for the first time since joining and plan to respond to some (previously filtered) emails over the weekend.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Sat Jun 25, 2022 9:53 am

Anybody know how much more JD-SCOTUS clerks make compared to market rates?

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Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Sun Jun 26, 2022 6:56 pm

Question for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.

Looking into JD so want to be anon.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Mon Jun 27, 2022 11:13 am

Anonymous User wrote:
Sun Jun 26, 2022 6:56 pm
Question for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.

Looking into JD so want to be anon.
Knew someone in my office who typically would bill 1750-1800, involved in the firm (e.g., summer committee), and people generally liked them and they would make the market base for their class year

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Mon Jun 27, 2022 11:23 am

Anonymous User wrote:
Sun Jun 26, 2022 6:56 pm
Question for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.

Looking into JD so want to be anon.
This is my situation. I’m 4-6 years in here and have been at 2,000-2,100 billable hours every year since I joined. Office in a big market too.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Mon Jun 27, 2022 3:41 pm

Anonymous User wrote:
Mon Jun 27, 2022 11:23 am
Anonymous User wrote:
Sun Jun 26, 2022 6:56 pm
Question for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.

Looking into JD so want to be anon.
This is my situation. I’m 4-6 years in here and have been at 2,000-2,100 billable hours every year since I joined. Office in a big market too.
Why are you staying at JD? I feel like it would make sense to stay at JD at a secondary market, but if I was making below market at those hours, I'd be a little upset

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Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Mon Jun 27, 2022 11:20 pm

Anonymous User wrote:
Sat Jun 25, 2022 9:53 am
Anybody know how much more JD-SCOTUS clerks make compared to market rates?
Enough that they choose to go there over other options. I don't have any recent numbers but the one that walked over the parenting policy was making significantly over market on the old scale.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Mon Jun 27, 2022 11:26 pm

Anonymous User wrote:
Mon Jun 27, 2022 3:41 pm
Anonymous User wrote:
Mon Jun 27, 2022 11:23 am
Anonymous User wrote:
Sun Jun 26, 2022 6:56 pm
Question for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.

Looking into JD so want to be anon.
This is my situation. I’m 4-6 years in here and have been at 2,000-2,100 billable hours every year since I joined. Office in a big market too.
Why are you staying at JD? I feel like it would make sense to stay at JD at a secondary market, but if I was making below market at those hours, I'd be a little upset
Same anon here. I am upset. This is the first year the pay gap has become this obvious. I only just learned of my new salary, and have already started reaching out to other firms.

Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Tue Jun 28, 2022 9:11 am

Anonymous User wrote:
Mon Jun 27, 2022 11:26 pm
Anonymous User wrote:
Mon Jun 27, 2022 3:41 pm
Anonymous User wrote:
Mon Jun 27, 2022 11:23 am
Anonymous User wrote:
Sun Jun 26, 2022 6:56 pm
Question for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.

Looking into JD so want to be anon.
This is my situation. I’m 4-6 years in here and have been at 2,000-2,100 billable hours every year since I joined. Office in a big market too.
Why are you staying at JD? I feel like it would make sense to stay at JD at a secondary market, but if I was making below market at those hours, I'd be a little upset
Same anon here. I am upset. This is the first year the pay gap has become this obvious. I only just learned of my new salary, and have already started reaching out to other firms.
Good luck friend - I wish you well!

Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Sat Jul 09, 2022 2:23 pm

Any senior associates in major markets care to react to their new numbers?

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Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Thu Jul 14, 2022 1:43 pm

There is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Thu Jul 14, 2022 2:14 pm

Anonymous User wrote:
Thu Jul 14, 2022 1:43 pm
There is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
Broadly, yes. There's also less compression in top practice groups.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Thu Jul 14, 2022 2:24 pm

Anonymous User wrote:
Thu Jul 14, 2022 2:14 pm
Anonymous User wrote:
Thu Jul 14, 2022 1:43 pm
There is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
Broadly, yes. There's also less compression in top practice groups.
There used to be much more compression in the smaller markets but they moved away from that last year and now we’re supposed to be paid as much as major markets. It’s tough to compare specifically since we don’t have many updated numbers. But for context I’m a fifth year and just over 400.

Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Thu Jul 14, 2022 2:45 pm

Anonymous User wrote:
Thu Jul 14, 2022 2:14 pm
Anonymous User wrote:
Thu Jul 14, 2022 1:43 pm
There is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
Broadly, yes. There's also less compression in top practice groups.
What are the top practice groups? Is desire to work in cybersecurity valuable to Jones Day as it is for other firms?

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Anonymous User
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Re: Jones Day Compensation Data Points

Post by Anonymous User » Thu Jul 14, 2022 8:17 pm

Anonymous User wrote:
Sat Jun 25, 2022 9:53 am
Anybody know how much more JD-SCOTUS clerks make compared to market rates?
I believe some data on this was in the lawsuit, but if you’re in this position, you’ll know I guess. A lot.

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Mon Jul 18, 2022 5:36 pm

Did WFH on average 2-3 days a week hurt your comp?

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Mon Jul 18, 2022 6:06 pm

Anonymous User wrote:
Thu Jul 14, 2022 2:24 pm
Anonymous User wrote:
Thu Jul 14, 2022 2:14 pm
Anonymous User wrote:
Thu Jul 14, 2022 1:43 pm
There is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
Broadly, yes. There's also less compression in top practice groups.
There used to be much more compression in the smaller markets but they moved away from that last year and now we’re supposed to be paid as much as major markets. It’s tough to compare specifically since we don’t have many updated numbers. But for context I’m a fifth year and just over 400.
5th year as in C/O 2017?

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Re: Jones Day Compensation Data Points

Post by Anonymous User » Tue Jul 19, 2022 3:10 pm

Anonymous User wrote:
Mon Jul 18, 2022 6:06 pm
Anonymous User wrote:
Thu Jul 14, 2022 2:24 pm
Anonymous User wrote:
Thu Jul 14, 2022 2:14 pm
Anonymous User wrote:
Thu Jul 14, 2022 1:43 pm
There is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
Broadly, yes. There's also less compression in top practice groups.
There used to be much more compression in the smaller markets but they moved away from that last year and now we’re supposed to be paid as much as major markets. It’s tough to compare specifically since we don’t have many updated numbers. But for context I’m a fifth year and just over 400.
5th year as in C/O 2017?
Correct. I haven’t heard much about where others landed this year so don’t have much to compare to.

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