Latham to v80!

[riot]

6/4/18 MILBANK sets the tone
Hueston Hennigan, formerly known as irell #2 follows

6/5/18 PROSKAUER matches, caving to employee demands for the first time in its storied history

WINSTON follows, sweet, innocent summer associates don’t know enough to fear a second round of WINSTONING

6/6/18 SIMPSON THACHER pulls ahead, and shares the bounty of ~the year of the deal~ with SUMMER BONUSES

6/8/18 DPW rumored to be considering open floor office plan to fund 200k. Unconfirmed.

6/11/18 — SELENDY & GAY match the Milbank scale. Quinn associates pls PM me JQ stories.

[smaug]

given the Trump tax changes they really should up associate comp. they're getting raises and we are getting hosed.

[Sublime]

All in.

[[thinking emoji]]

tagging to stay on the cutting edge of 190k gossip

[riot]

given the Trump tax changes they really should up associate comp. they're getting raises and we are getting hosed.

at my holiday party I overheard a couple partners discussing how to create [firm] associates LLC so we too could share in the wealth and jobs created by our benevolent leader

NOT FLAME

[Dr Nefario]

If 1Q-esque M&A continues to boom all year, salaries are bound to follow. AMIRITE?

[emkay625]

I'm so excited this thread is here.

[smaug]

I'm so excited this thread is here.

this thread is our patrimony

[riprendere]

LSL will get full credit when we hit 190

[Borhas]

NY law firms giving out 190k Trump bonuses or so I've heard

[jingosaur]

Great work ITT so far. Let's keep grinding and we will get there.

I heard a rumor from someone that people are talking about how NYC first year associate pay will increase. Maybe 200k?

[Slytherpuff]

Still waiting for my firm to decide it couldn't handle the 180k and fire us all.

[Mr. Peanutbutter]

given the Trump tax changes they really should up associate comp. they're getting raises and we are getting hosed.

a tax partner at a CLE said that "well, on balance associates will likely be the same or slightly better off with these changes" so IDK if they see it this way

a lot of time was spent discussing how legal services are exempted, lots of tears and the world's smallest violins

[Mr. Peanutbutter]

and yes we had a "CLE" that was basically a seminar where the partners got free tax advice for an hour

[smaug]

given the Trump tax changes they really should up associate comp. they're getting raises and we are getting hosed.

a tax partner at a CLE said that "well, on balance associates will likely be the same or slightly better off with these changes" so IDK if they see it this way

a lot of time was spent discussing how legal services are exempted, lots of tears and the world's smallest violins

that strikes me as disingenuous because it's p easy to do the math and see that this will cost us tens of thousands of dollars

[Mr. Peanutbutter]

I think they assume the analysis for 180k applies to all associates

[SmokeytheBear]

I was told not to hold back:

[SmokeytheBear]

Side note: I miss Monochromatic Oeuvre. I wish he/she would have made it over.

[MT Cicero]

Side note: I miss Monochromatic Oeuvre. I wish he/she would have made it over.

Same. And rpupkin.

[UVA2B]

Side note: I miss Monochromatic Oeuvre. I wish he/she would have made it over.

Same. And rpupkin.

rpupkin did, just hasn’t posted in awhile.

[jingosaur]

This thread should only be bumped for updates on NYC to 190k and market practice for cheese plates at firm events.

[THANKGOD]

MILBANK TO 190 AS OF 1:30 PM EST!!!!!!

[beep]

[JenDarby]

moving back ASAP

[SmokeytheBear]

https://abovethelaw.com/2018/06/new-yor ... irst-move/

How were they first?

Please let this be a bidding war to $200k.