NY GOES TO 180k! IT HAPPENED!!!! (CovingTTTon does a 180! Holder wept.) Forum

[UnicornHunter]

I actually got an offer there and turned it down. Right now I'd be driving down I-94 with a beer in my hand and cheesecurds in my belly heading to my cabin for a weekend of fishing. lol at me

Dumb!

But yeah, I want this life. Even below market in Chicago would be 180 for cabin having purposes.

[Big Shrimpin]

I actually got an offer there and turned it down. Right now I'd be driving down I-94 with a beer in my hand and cheesecurds in my belly heading to my cabin for a weekend of fishing. lol at me

ur gonna regret this on ur deathbed

"i coulda been yosemite sam yemington"

UGHHHHHH FMA

im living a life of REGRET and REMORSE

i YEARN to be like YOSEMITE SAM YEMINGTON

[TLSModBot]

DF what would your loan balance be though if you'd not come to DC

Not saying you made the right choice; you definitely didn't. But hey maybe you'll get back to zero net worth slightly sooner than you would have otherwise?

[bern victim]

deficits loans don't matter

[Desert Fox]

DF what would your loan balance be though if you'd not come to DC

Not saying you made the right choice; you definitely didn't. But hey maybe you'll get back to zero net worth slightly sooner than you would have otherwise?

im p depressed about loan balance. Even though I'm only like -20k net worth, I still got 173k left on dem loans. I wish you could cash ur 401k out of loans.

[Serett]

Milwaukee to $160k!

[bern victim]

DF what would your loan balance be though if you'd not come to DC

Not saying you made the right choice; you definitely didn't. But hey maybe you'll get back to zero net worth slightly sooner than you would have otherwise?

im p depressed about loan balance. Even though I'm only like -20k net worth, I still got 173k left on dem loans. I wish you could cash ur 401k out of loans.

just pretend you had a previous marriage and ur paying 10% of ur disposable income as alimony

[Anonymous User]

Milwaukee to $160k!

Detroit to 160. (Jones Day is already there tho, Gunderson in AA at 180 w/ 0 associates)

[mvp99]

so its been a couple weeks now.. NY to 200k?

[Big Shrimpin]

so its been a couple weeks now.. NY to 200k?

die in a fire

[barkschool]

What do you think motivated firms that would have otherwise waited several months to move?

Was OCI/ recruiting season really such a huge motivator?

[Single-Malt-Liquor]

so its been a couple weeks now.. NY to 200k?

die in a fire

Outed as having belief in making partner.

[TLSModBot]

What do you think motivated firms that would have otherwise waited several months to move?

Was OCI/ recruiting season really such a huge motivator?

I don't think OCI/recruiting season was the deciding factor.

I think firms have been talking internally about the inevitability of a market movement on associate salaries and many had prepared for this day (but weren't willing to be the first to jump). My guess is some planned and were ready to go to 170, 180, or even 190 depending on what the first mover did and their finances looked like at the time. Those who prepped for the 'worst case' of 190 or higher quickly went to 180 when Cravath did. Those who didn't plan for as high as 180 probably had to think about it - some jumped quickly and others took a week or two.

That's my (relatively unsupported, mostly conjectural) working theory - absent a Q&A session with a couple drunk V100 managing partners, I suspect we won't have clear answers any time soon.

[Big Shrimpin]

so its been a couple weeks now.. NY to 200k?

die in a fire

Outed as having belief in making partner.

to hell with all of you

im making my CASE for becoming a TINYPARTNER

[kcdc1]

I had no idea you were tiny. What is your favorite method for observing juniors in order to maintain their efficiency in your matters?

[Big Shrimpin]

I had no idea you were tiny. What is your favorite method for observing juniors in order to maintain their efficiency in your matters?

i stand on top of their monitors and bark orders when they stray off task

[anonnymouse]

I had no idea you were tiny. What is your favorite method for observing juniors in order to maintain their efficiency in your matters?

i stand on top of their monitors and bark orders when they stray off task

I could have sworn we jettisoned the tiny partner schtick back when the page count was in the teens and smaug kept Toby Flendersoning all over everyone.

[John_Luther1989]

http://www.wsj.com/articles/j-p-morgan- ... 1468323085

Uh oh! Bidding war for labor between BigLaw and the bulge bracket. NY TO $200K!

[UnicornHunter]

http://www.wsj.com/articles/j-p-morgan- ... 1468323085

Uh oh! Bidding war for labor between BigLaw and the bulge bracket. NY TO $200K!

this might mean raises for secretaries and paralegals and janitors, but I'm pretty sure people getting paid $12-16 an hour aren't going to be what pushes NY to 200.

Mr. Dimon said the bank will raise minimum pay for affected employees to between $12 to $16.50 an hour, the level of increase depending on geography and “market factors.’’ The bank’s minimum salary for U.S. employees is $10.15 an hour, he said.

Many of the affected employees serve as bank tellers and customer service representatives, Mr. Dimon said, explaining that the increase will help the bank attract and retain “talented people in a competitive environment’’ and is “the right thing to do.’’

[John_Luther1989]

http://www.wsj.com/articles/j-p-morgan- ... 1468323085

Uh oh! Bidding war for labor between BigLaw and the bulge bracket. NY TO $200K!

this might mean raises for secretaries and paralegals and janitors, but I'm pretty sure people getting paid $12-16 an hour aren't going to be what pushes NY to 200.

Mr. Dimon said the bank will raise minimum pay for affected employees to between $12 to $16.50 an hour, the level of increase depending on geography and “market factors.’’ The bank’s minimum salary for U.S. employees is $10.15 an hour, he said.

Many of the affected employees serve as bank tellers and customer service representatives, Mr. Dimon said, explaining that the increase will help the bank attract and retain “talented people in a competitive environment’’ and is “the right thing to do.’’

[BD33]

mod edit: SPAM

[Anonymous User]

Per JD's website, non major market first-year salaries are as follows:

Cleveland/Columbus/Detroit/Miami/Minneapolis/Pittsburgh - 160

Atlanta - 180!!

I love how they didn't say shit to summers and we are finding out via their website.

Looks like summers didn't get the raise

[Actus Reus]

Per JD's website, non major market first-year salaries are as follows:

Cleveland/Columbus/Detroit/Miami/Minneapolis/Pittsburgh - 160

Atlanta - 180!!

I love how they didn't say shit to summers and we are finding out via their website.

Looks like summers didn't get the raise

As it should be.

[Anonymous User]

payday bump

[kcdc1]

payday bump

Thread needs anecdotes about how it feels to gaze upon the direct deposit figure.