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Law Firm Cravath Raising Starting Salaries to $180,000

Posted on 6/6/16 at 5:45 pm
Posted by RedRifle
Austin/NO
Member since Dec 2013
8328 posts
Posted on 6/6/16 at 5:45 pm
LINK


quote:

New York law firm Cravath, Swaine & Moore LLP is raising base salaries for its junior-most lawyers by 12.5%, its first increase in nearly a decade and a move likely to trigger a wave of similar hikes throughout the legal industry.

As of July 1, new first-year lawyers at the firm will now get $180,000, up from its longtime standard of $160,000 for law-school graduates, according to a Cravath memo reviewed by The Wall Street Journal. The increase lifts pay from there: ..
This post was edited on 6/6/16 at 5:46 pm
Posted by Mo Jeaux
Member since Aug 2008
58812 posts
Posted on 6/6/16 at 5:46 pm to
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119231 posts
Posted on 6/6/16 at 5:46 pm to
Lots of money for ambulance chasers.
Posted by CAD703X
Liberty Island
Member since Jul 2008
78101 posts
Posted on 6/6/16 at 5:47 pm to
so much dont care in this thread
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120321 posts
Posted on 6/6/16 at 5:47 pm to
Forwarded to SFP
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17185 posts
Posted on 6/6/16 at 5:47 pm to
What is that in dollars down south?
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422599 posts
Posted on 6/6/16 at 5:48 pm to
quote:

Lots of money for ambulance chasers.

pretty sure these are corporate & M/A guys
Posted by Neauxla
New Orleans
Member since Feb 2008
33443 posts
Posted on 6/6/16 at 5:48 pm to
quote:

What is that in dollars down south?


75k
Posted by Mo Jeaux
Member since Aug 2008
58812 posts
Posted on 6/6/16 at 5:52 pm to
Expect the other big boys to follow suit shortly.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422599 posts
Posted on 6/6/16 at 5:53 pm to
until the tech bubble pops
This post was edited on 6/6/16 at 5:54 pm
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83939 posts
Posted on 6/6/16 at 5:57 pm to
I'll keep them in mind if I ever feel like losing my freedom and taking a paycut.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 6/6/16 at 5:58 pm to
Woohoo! Putting in my app for Southern Law as we speak.

Can I put any number for my LSAT score or do they actually check that shite?
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79235 posts
Posted on 6/6/16 at 5:58 pm to
Cravath is a third tier toilet
Posted by RedRifle
Austin/NO
Member since Dec 2013
8328 posts
Posted on 6/6/16 at 6:05 pm to
They're no Akin that's for sure.
Posted by chesty
Flap City C.C.
Member since Oct 2012
12731 posts
Posted on 6/6/16 at 6:06 pm to
Prolly 65k
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 6/6/16 at 6:07 pm to
When you rake 40% from the injured party you can pay the big bucks
Posted by Teddy Ruxpin
Member since Oct 2006
39584 posts
Posted on 6/6/16 at 6:08 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
39584 posts
Posted on 6/6/16 at 6:09 pm to
quote:

When you rake 40% from the injured party you can pay the big bucks


Wut?
Posted by Grooler
USA
Member since Dec 2009
484 posts
Posted on 6/6/16 at 6:09 pm to
$180k there =/= $180k in other places.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75219 posts
Posted on 6/6/16 at 6:10 pm to
More like 60k than 75k
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