NYC to 200k Forum

[anonymous2333]

V25 Wall of Shame:

• 1. Cravath
  2. Wachtell
  3. Skadden
  4. Sullivan & Cromwell
  5. Latham
  6. Davis Polk
  7. Simpson Thacher
  8. Kirkland
  9. Gibson
  10. Paul Weiss
  11. Weil
  12. Quinn
  13. Sidley Austin
  14. Cleary Gottlieb
  15. Covington
  16. Jones Day
  17. Williams & Connolly (they do their own thing)
  18. Debevoise
  19. White & Case
  20. WilmerHale
  21. Ropes & Gray
  22. Paul Hastings
  23. Boies Schiller
  24. Morrison & Foerster
  25. Hogan Lovells

No match at Boies Schiller...

Is Boies still around? I thought they were bought by Paul Hastings or something.

Yeah why is Boies crossed off?

The above market bonuses are great, but they still need to match base salaries to remain competiive.

And fwiw I think it was just the corporate group at Boies that got sold off to PH. Its entirely lit now

With the bonus formula, base salary at boies is basically just an advance on your bonus. So raising base doesn't mean raising overall comp. They'd have to change the formula. *hopefully* that's what's taking so long. But I can't imagine they'd let the optics of having below market base salaries last.

Unlikely. Boies didn't increase base salaries when other firms went to 180k.

[Anonymous User]

V25 Wall of Shame:

• 1. Cravath
  2. Wachtell
  3. Skadden
  4. Sullivan & Cromwell
  5. Latham
  6. Davis Polk
  7. Simpson Thacher
  8. Kirkland
  9. Gibson
  10. Paul Weiss
  11. Weil
  12. Quinn
  13. Sidley Austin
  14. Cleary Gottlieb
  15. Covington
  16. Jones Day
  17. Williams & Connolly (they do their own thing)
  18. Debevoise
  19. White & Case
  20. WilmerHale
  21. Ropes & Gray
  22. Paul Hastings
  23. Boies Schiller
  24. Morrison & Foerster
  25. Hogan Lovells

No match at Boies Schiller...

Is Boies still around? I thought they were bought by Paul Hastings or something.

Yeah why is Boies crossed off?

The above market bonuses are great, but they still need to match base salaries to remain competiive.

And fwiw I think it was just the corporate group at Boies that got sold off to PH. Its entirely lit now

With the bonus formula, base salary at boies is basically just an advance on your bonus. So raising base doesn't mean raising overall comp. They'd have to change the formula. *hopefully* that's what's taking so long. But I can't imagine they'd let the optics of having below market base salaries last.

Unlikely. Boies didn't increase base salaries when other firms went to 180k.

Yes they did.

[Anonymous User]

Wall of Shame, updated to compare to more of their less-shameful colleagues.

Wall of Shame for Firms Yet to Announce:

• Kirkland ($4.70MM PPP, 30.9% L5Y PPP growth, 3.0 EP:Assoc. leverage)
  Davis Polk ($3.70MM PPP, 33.6% L5Y PPP growth, 3.5 EP:Assoc. leverage)
  Weil ($3.64MM PPP, 38.7% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Paul Weiss ($4.56MM PPP, 26.6% L5Y PPP growth, 3.6 EP:Assoc. leverage)
  Milbank ($3.46MM PPP, 29.3% L5Y PPP growth, 2.6 EP:Assoc. leverage)
  Fried Frank ($2.94MM PPP, 55.3% L5Y PPP growth, 2.9 EP:Assoc. leverage)
  Simpson ($3.68MM PPP, 27.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Skadden ($3.47MM PPP, 24.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  SullCrom ($4.27MM PPP, 19.2% L5Y PPP growth, 3.1 EP:Assoc. leverage)
  Willkie ($2.97MM PPP, 30.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  1. Akin Gump ($2.39MM PPP, 35.5% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  2. Latham ($3.25MM PPP, 24.8% L5Y PPP growth, 3.0 EP:Assoc. leverage)
  3. Paul Hastings ($2.91MM PPP, 28.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  4. Boies ($3.27MM PPP, 16.7% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  4. Shearman ($2.32MM PPP, 34.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)
  Vinson & Elkins ($2.36MM PPP, 37.7% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Quinn ($4.74MM PPP, 6.3% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  6. King & Spalding ($2.61MM PPP, 23.8% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)
  7. Gibson Dunn ($3.24MM PPP, 13.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Schulte ($2.56MM PPP, 17.7% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  8. WilmerHale ($2.12MM PPP, 31.0% L5Y PPP growth, 2.2 EP:Assoc. leverage)
  Ropes ($2.32MM PPP, 31.5% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  9. Dechert ($2.68MM PPP, 21.7% L5Y PPP growth, 3.4 EP:Assoc. leverage)
  Goodwin ($2.15MM PPP, 29.6% L5Y PPP growth, 2.3 EP:Assoc. leverage)
  Proskauer ($2.37MM PPP, 21.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  Cahill ($3.69MM PPP, 3.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Cooley ($2.08MM PPP, 28.3% L5Y PPP growth, 2.4 EP:Assoc. leverage)
  Winston ($2.16MM PPP, 31.0% L5Y PPP growth, 3.2 EP:Assoc. leverage)[/s]
  10. Baker Botts ($1.84MM PPP, 26.0% L5Y PPP growth, 1.9 EP:Assoc. leverage)
  Cleary ($3.07MM PPP, 12.5% L5Y PPP growth, 3.7 EP:Assoc. leverage)
  Debevoise ($2.83MM PPP, 26.6% L5Y PPP growth, 5.3 EP:Assoc. leverage)
  Sidley ($2.26MM PPP, 20.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Wilson Sonsini ($2.21MM PPP, 25.6% L5Y PPP growth, 3.5 EP:Assoc. leverage)[/s]
  11. Alston & Bird ($1.93MM PPP, 11.0% L5Y PPP growth, 1.2 EP:Assoc. leverage)
  White & Case ($2.26MM PPP, 24.8% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Kramer Levin ($2.15MM PPP, 22.2% L5Y PPP growth, 3.1 EP:Assoc. leverage)
  12. Sheppard ($1.71MM PPP, 26.0% L5Y PPP growth, 2.4 EP:Assoc. leverage)
  13. Cadwalader ($2.51MM PPP, -5.6% L5Y PPP growth, 4.5 EP:Assoc. leverage)
  13. Mayer Brown ($1.58MM PPP, 27.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  15. Holland & Knight ($1.36MM PPP, 30.1% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  16. McDermott ($1.71MM PPP, 14.8% L5Y PPP growth, 1.8 EP:Assoc. leverage)
  17. Katten ($1.57MM PPP, 16.6% L5Y PPP growth, 1.7 EP:Assoc. leverage)
  18. Fragomen ($1.98MM PPP, 23.9% L5Y PPP growth, 4.2 EP:Assoc. leverage)
  19. Covington ($1.54MM PPP, 18.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  19. Greenberg ($1.63MM PPP, 16.8% L5Y PPP growth, 2.2 EP:Assoc. leverage)
  21. Fish & Richardson ($1.63MM PPP, 8.9% L5Y PPP growth, 1.5 EP:Assoc. leverage)
  21. MoFo ($1.74MM PPP, 15.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
  23. O'Melveny ($2.01MM PPP, -2.6% L5Y PPP growth, 3.3 EP:Assoc. leverage)
  23. Orrick ($1.86MM PPP, 12.5% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  25. Fenwick ($1.51MM PPP, 23.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  26. Jenner ($1.42MM PPP, -5.2% L5Y PPP growth, 1.7 EP:Assoc. leverage)
  Baker McKenzie ($1.30MM PPP, 16.2% L5Y PPP growth, 2.7 EP:Assoc. leverage)
  Morgan Lewis ($1.37MM PPP, -13.3% L5Y PPP growth, 1.3 EP:Assoc. leverage)

Legend:
New York
California
Washington, D.C.
Chicago
Houston
Boston
Atlanta
Philadelphia

This is awesome. However, Fish is larger in Boston than DC (even though they don't have a "home" office). Also HK is technically a Florida firm.

[Anonymous User]

K&S has a firm-wide meeting tomorrow (was already on the books). Wouldn't be a bad time to announce...

Anyone know how this went?

Sincerely,
Every ATL associate

Bumping this back up - surely someone has some info? It's near 6 PM in Atlanta, so this meeting must have already happened?

A whole lot of nothing. Essentially, something along the lines of every market is different, fees are different, and we're thinking about it.

[Anonymous User]

Wall of Shame, updated to compare to more of their less-shameful colleagues.

Wall of Shame for Firms Yet to Announce:

• Kirkland ($4.70MM PPP, 30.9% L5Y PPP growth, 3.0 EP:Assoc. leverage)
  Davis Polk ($3.70MM PPP, 33.6% L5Y PPP growth, 3.5 EP:Assoc. leverage)
  Weil ($3.64MM PPP, 38.7% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Paul Weiss ($4.56MM PPP, 26.6% L5Y PPP growth, 3.6 EP:Assoc. leverage)
  Milbank ($3.46MM PPP, 29.3% L5Y PPP growth, 2.6 EP:Assoc. leverage)
  Fried Frank ($2.94MM PPP, 55.3% L5Y PPP growth, 2.9 EP:Assoc. leverage)
  Simpson ($3.68MM PPP, 27.6% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Skadden ($3.47MM PPP, 24.7% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  SullCrom ($4.27MM PPP, 19.2% L5Y PPP growth, 3.1 EP:Assoc. leverage)
  Willkie ($2.97MM PPP, 30.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  1. Akin Gump ($2.39MM PPP, 35.5% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  2. Latham ($3.25MM PPP, 24.8% L5Y PPP growth, 3.0 EP:Assoc. leverage)
  3. Paul Hastings ($2.91MM PPP, 28.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  4. Boies ($3.27MM PPP, 16.7% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  4. Shearman ($2.32MM PPP, 34.4% L5Y PPP growth, 2.6 EP:Assoc. leverage)
  Vinson & Elkins ($2.36MM PPP, 37.7% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  Quinn ($4.74MM PPP, 6.3% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  6. King & Spalding ($2.61MM PPP, 23.8% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  Cravath ($4.00MM PPP, 14.2% L5Y PPP growth, 4.3 EP:Assoc. leverage)
  7. Gibson Dunn ($3.24MM PPP, 13.3% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Schulte ($2.56MM PPP, 17.7% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  8. WilmerHale ($2.12MM PPP, 31.0% L5Y PPP growth, 2.2 EP:Assoc. leverage)
  Ropes ($2.32MM PPP, 31.5% L5Y PPP growth, 3.2 EP:Assoc. leverage)
  9. Dechert ($2.68MM PPP, 21.7% L5Y PPP growth, 3.4 EP:Assoc. leverage)
  Goodwin ($2.15MM PPP, 29.6% L5Y PPP growth, 2.3 EP:Assoc. leverage)
  Proskauer ($2.37MM PPP, 21.8% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  Cahill ($3.69MM PPP, 3.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Cooley ($2.08MM PPP, 28.3% L5Y PPP growth, 2.4 EP:Assoc. leverage)
  Winston ($2.16MM PPP, 31.0% L5Y PPP growth, 3.2 EP:Assoc. leverage)[/s]
  10. Baker Botts ($1.84MM PPP, 26.0% L5Y PPP growth, 1.9 EP:Assoc. leverage)
  Cleary ($3.07MM PPP, 12.5% L5Y PPP growth, 3.7 EP:Assoc. leverage)
  Debevoise ($2.83MM PPP, 26.6% L5Y PPP growth, 5.3 EP:Assoc. leverage)
  Sidley ($2.26MM PPP, 20.4% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  Wilson Sonsini ($2.21MM PPP, 25.6% L5Y PPP growth, 3.5 EP:Assoc. leverage)[/s]
  11. Alston & Bird ($1.93MM PPP, 11.0% L5Y PPP growth, 1.2 EP:Assoc. leverage)
  White & Case ($2.26MM PPP, 24.8% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  Kramer Levin ($2.15MM PPP, 22.2% L5Y PPP growth, 3.1 EP:Assoc. leverage)
  12. Sheppard ($1.71MM PPP, 26.0% L5Y PPP growth, 2.4 EP:Assoc. leverage)
  13. Cadwalader ($2.51MM PPP, -5.6% L5Y PPP growth, 4.5 EP:Assoc. leverage)
  13. Mayer Brown ($1.58MM PPP, 27.0% L5Y PPP growth, 2.5 EP:Assoc. leverage)
  15. Holland & Knight ($1.36MM PPP, 30.1% L5Y PPP growth, 2.1 EP:Assoc. leverage)
  16. McDermott ($1.71MM PPP, 14.8% L5Y PPP growth, 1.8 EP:Assoc. leverage)
  17. Katten ($1.57MM PPP, 16.6% L5Y PPP growth, 1.7 EP:Assoc. leverage)
  18. Fragomen ($1.98MM PPP, 23.9% L5Y PPP growth, 4.2 EP:Assoc. leverage)
  19. Covington ($1.54MM PPP, 18.0% L5Y PPP growth, 2.0 EP:Assoc. leverage)
  19. Greenberg ($1.63MM PPP, 16.8% L5Y PPP growth, 2.2 EP:Assoc. leverage)
  21. Fish & Richardson ($1.63MM PPP, 8.9% L5Y PPP growth, 1.5 EP:Assoc. leverage)
  21. MoFo ($1.74MM PPP, 15.3% L5Y PPP growth, 2.7 EP:Assoc. leverage)
  23. O'Melveny ($2.01MM PPP, -2.6% L5Y PPP growth, 3.3 EP:Assoc. leverage)
  23. Orrick ($1.86MM PPP, 12.5% L5Y PPP growth, 3.8 EP:Assoc. leverage)
  25. Fenwick ($1.51MM PPP, 23.7% L5Y PPP growth, 2.8 EP:Assoc. leverage)
  26. Jenner ($1.42MM PPP, -5.2% L5Y PPP growth, 1.7 EP:Assoc. leverage)
  Baker McKenzie ($1.30MM PPP, 16.2% L5Y PPP growth, 2.7 EP:Assoc. leverage)
  Morgan Lewis ($1.37MM PPP, -13.3% L5Y PPP growth, 1.3 EP:Assoc. leverage)

Legend:
New York
California
Washington, D.C.
Chicago
Houston
Boston
Atlanta
Philadelphia

Everyone's talking about whether Hogan, Wilmer, or Covington will be the firm to break the DC dam, but Akin Gump is #1 on this list and raised on the same day as Hogan (which was first) in 2016...

[Anonymous User]

Let's fucking go DC ya bunch of regulatory-law-practicing overly selective cheapskates

[Anonymous User]

Let's fucking go DC ya bunch of regulatory-law-practicing overly selective cheapskates

[Anonymous User]

After Baker McKenzie yesterday, my money's on Troutman Sanders to match today, maybe Holland & Knight tomorrow if we're lucky. LaTTTham and Gibson will join the party maybe in August (of 2019).

[Anonymous User]

Dechert matched

[Anonymous User]

incl bonus?

[Anonymous User]

HoLove associate: People throughout the firm, including current summer associates, are talking about this. At the start, it was a foregone conclusion that we would raise, but that seems more unlikely by the day. I'm thinking 60% chance we match. I know multiple people who have started picking up calls from recruiters about firms that have raised just to get the process started since it takes so long.

HoLove is now a V25 firm. That’s worth more to me than any raise or bonus.

Lmao still laughing at this. Apparently Hogan is considering it... but like everyone says, they'll wait for Cov or Latham.

[Anonymous User]

Dechert matched

>tfw MLB, Dechert and V&E matched before CovingTTTon, WilmerFail, Hogan and A&P
>tfw the bottom of my class makes more than the top of my class

[Anonymous User]

K&S has a firm-wide meeting tomorrow (was already on the books). Wouldn't be a bad time to announce...

Anyone know how this went?

Sincerely,
Every ATL associate

Bumping this back up - surely someone has some info? It's near 6 PM in Atlanta, so this meeting must have already happened?

A whole lot of nothing. Essentially, something along the lines of every market is different, fees are different, and we're thinking about it.

It is completely absurd that Atlanta (and Charlotte) associates are the only US associates not paid on the old Cravath scale salary/bonus, when Atlanta associates are by far the most productive.

No chance that K&S fixes this issue by bumping Atlanta/Charlotte up to match the other offices. Wish there was something we could do about it.

[Anonymous User]

HoLove associate: People throughout the firm, including current summer associates, are talking about this. At the start, it was a foregone conclusion that we would raise, but that seems more unlikely by the day. I'm thinking 60% chance we match. I know multiple people who have started picking up calls from recruiters about firms that have raised just to get the process started since it takes so long.

HoLove is now a V25 firm. That’s worth more to me than any raise or bonus.

Lmao still laughing at this. Apparently Hogan is considering it... but like everyone says, they'll wait for Cov or Latham.

Why Latham?

[jbagelboy]

It really is *astounding* that none of Covington, Wilmer, Gibson, Hogan, or Arnold Porter have matched yet. Boies Schiller taking their time makes more sense because they have to rejigger their entire formula.

[Anonymous User]

K&S has a firm-wide meeting tomorrow (was already on the books). Wouldn't be a bad time to announce...

Anyone know how this went?

Sincerely,
Every ATL associate

Bumping this back up - surely someone has some info? It's near 6 PM in Atlanta, so this meeting must have already happened?

A whole lot of nothing. Essentially, something along the lines of every market is different, fees are different, and we're thinking about it.

It is completely absurd that Atlanta (and Charlotte) associates are the only US associates not paid on the old Cravath scale salary/bonus, when Atlanta associates are by far the most productive.

No chance that K&S fixes this issue by bumping Atlanta/Charlotte up to match the other offices. Wish there was something we could do about it.

When you account for cost of living people in markets like Atlanta still come out ahead. Though if associates in other low-cost cities like Houston make market then there's a good argument that folks in ATL should as well. Texas has got to be the absolute sweet spot for being a biglaw associate btw when you weigh compensation, cost of living, difficulty of entering the market and quality of life.

[Marshallian]

It really is *astounding* that none of Covington, Wilmer, Gibson, Hogan, or Arnold Porter have matched yet. Boies Schiller taking their time makes more sense because they have to rejigger their entire formula.

I'll agree with you on Gibson, but truth is the vast majority of AmLaw 100 firms haven't matched and are probably hoping to never match. Wilmer, Covington, Hogan, and AP are all in PPP territory ranking from 36-61. In that range only Cooley, Morgan Lewis, and Baker McKenzie have matched.

When only 12% (3 of 25) "peer" firms have matched, I don't understand singling out any as "astounding" for not matching. This is not a done deal for any firms besides Gibson and Latham folks.

[Anonymous User]

K&S has a firm-wide meeting tomorrow (was already on the books). Wouldn't be a bad time to announce...

Anyone know how this went?

Sincerely,
Every ATL associate

Bumping this back up - surely someone has some info? It's near 6 PM in Atlanta, so this meeting must have already happened?

A whole lot of nothing. Essentially, something along the lines of every market is different, fees are different, and we're thinking about it.

It is completely absurd that Atlanta (and Charlotte) associates are the only US associates not paid on the old Cravath scale salary/bonus, when Atlanta associates are by far the most productive.

No chance that K&S fixes this issue by bumping Atlanta/Charlotte up to match the other offices. Wish there was something we could do about it.

When you account for cost of living people in markets like Atlanta still come out ahead. Though if associates in other low-cost cities like Houston make market then there's a good argument that folks in ATL should as well. Texas has got to be the absolute sweet spot for being a biglaw associate btw when you weigh compensation, cost of living, difficulty of entering the market and quality of life.

That's the issue. Houston / Austin associates are paid full Cravath scale salary and bonus and have materially fewer hours than Atlanta associates.

[Anonymous User]

Thoughts on Morgan Lewis?

The Ted Cruz of BigLaw

care to elaborate? interviewing there next week and would love to hear more about perception of the firm. thanks in advance!

[Anonymous User]

Can we please add Linklaters and A&O to the wall of shame? Both have PPP over $2M USD and very high PPP growth over last five years. Freshfields and Clifford Chance have matched in the U.S. so there is no excuse.

[Anonymous User]

When you account for cost of living people in markets like Atlanta still come out ahead. Though if associates in other low-cost cities like Houston make market then there's a good argument that folks in ATL should as well. Texas has got to be the absolute sweet spot for being a biglaw associate btw when you weigh compensation, cost of living, difficulty of entering the market and quality of life.

At first sure, but not at later class years. The difference in senior associate comp between ATL and NYC after the latest raises is probably in the vicinity of $200k.

[Anonymous User]

Thoughts on Morgan Lewis?

The Ted Cruz of BigLaw

care to elaborate? interviewing there next week and would love to hear more about perception of the firm. thanks in advance!

Ted Cruz ran their appellate practice for a time after being SG of Texas.

[Anonymous User]

Thoughts on Morgan Lewis?

The Ted Cruz of BigLaw

care to elaborate? interviewing there next week and would love to hear more about perception of the firm. thanks in advance!

Ted Cruz ran their appellate practice for a time after being SG of Texas.

got it . . . thought you were implying a negative reputation of the firm similar to that of ted cruz.

[Anonymous User]

When you account for cost of living people in markets like Atlanta still come out ahead. Though if associates in other low-cost cities like Houston make market then there's a good argument that folks in ATL should as well. Texas has got to be the absolute sweet spot for being a biglaw associate btw when you weigh compensation, cost of living, difficulty of entering the market and quality of life.

At first sure, but not at later class years. The difference in senior associate comp between ATL and NYC after the latest raises is probably in the vicinity of $200k.

According to a cost of living calculator I just found $340,000 in Manhattan equals roughly $150,000 in ATL. Still looks like the ATL folks come out ahead. Granted I'm not taking bonuses into consideration.

[Anonymous User]

It really is *astounding* that none of Covington, Wilmer, Gibson, Hogan, or Arnold Porter have matched yet. Boies Schiller taking their time makes more sense because they have to rejigger their entire formula.

I'll agree with you on Gibson, but truth is the vast majority of AmLaw 100 firms haven't matched and are probably hoping to never match. Wilmer, Covington, Hogan, and AP are all in PPP territory ranking from 36-61. In that range only Cooley, Morgan Lewis, and Baker McKenzie have matched.

When only 12% (3 of 25) "peer" firms have matched, I don't understand singling out any as "astounding" for not matching. This is not a done deal for any firms besides Gibson and Latham folks.

I'm at Paul Hastings. Nobody here is doubting that we'll match. Partners have told me it's going to happen, just waiting on sign-off from everybody (not entirely sure why that's taking so long though...).