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re: Law Firm Cravath Raising Starting Salaries to $180,000

Posted on 6/7/16 at 1:19 pm to
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 6/7/16 at 1:19 pm to
That is pretty true.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 6/7/16 at 1:19 pm to
quote:

It's always just interesting when a hear such glowing things about V&E online after hearing two friends (different practice areas) experiences. Both have since bailed so things might have changed since


There are, or were, a couple practice areas there that are (or were) notorious for how awful the partners treated associates and how much was demanded of associates. One must also consider the make up of people that have left. Not that they are weak or stupid, but only that a certain pace of life may be expected (really in most law firms) that some people can't keep up. Nothing wrong with that. Priorities lie in different areas for people. I could never work 7a to 9p every day. I'd fricking quit. But plenty of people do it, and not all of them are lawyers.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 6/7/16 at 1:22 pm to
The stories were from before they left. These were people I knew from law school and chatted with pretty often a while back.

Most of the now Norton Rose people I've met have been through work, so I may be getting a particular exposure to the groups I work with on that side.
Posted by NYNolaguy1
Member since May 2011
20923 posts
Posted on 6/7/16 at 1:39 pm to
quote:

What is that in dollars down south?



That's like $80k in southern dollars.
Posted by Keys Open Doors
In hiding with Tupac & XXXTentacion
Member since Dec 2008
31933 posts
Posted on 6/7/16 at 1:48 pm to
Oh I didn't mean billing. I meant actually working the hours. As far as I understand (I'm not an attorney and have never billed anything), you get to generally bill about 70 percent or maybe a little less of the hours you are actually in the office and not eating lunch.
Posted by Old Money
Member since Sep 2012
36509 posts
Posted on 6/7/16 at 1:55 pm to
You can easily live off 180k in NYC. Even if you pay 4k a mo for housing.
Posted by Mung
NorCal
Member since Aug 2007
9054 posts
Posted on 6/7/16 at 2:04 pm to
Not going to affect starting salaries in Alexandria, La.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 6/7/16 at 2:11 pm to
quote:

you get to generally bill about 70 percent or maybe a little less of the hours you are actually in the office and not eating lunch.


Depends on how you bill and how your firm counts hours. I don't miss much time during the day (except days like today) which is how I bill roughly all of my time while at work.
Posted by VicVinegar03
Member since Apr 2016
149 posts
Posted on 6/7/16 at 2:11 pm to
$220,000
Posted by Jim Smith
Member since May 2016
2915 posts
Posted on 6/7/16 at 2:18 pm to
quote:

$220,000


Doing?
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 6/7/16 at 2:21 pm to
quote:

Doing?


Gay men.

He's a very good looking male gigolo who caters exclusively to homosexual men. It's not gay if they pay you for it.
Posted by Jim Smith
Member since May 2016
2915 posts
Posted on 6/7/16 at 2:22 pm to
quote:

Gay men.

He's a very good looking male gigolo who caters exclusively to homosexual men. It's not gay if they pay you for it.


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