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re: Law Firm Cravath Raising Starting Salaries to $180,000
Posted on 6/6/16 at 9:14 pm to Joseph Bockrath
Posted on 6/6/16 at 9:14 pm to Joseph Bockrath
Probably one or two years of federal clerkship too, especially if in their litigation group.
This post was edited on 6/6/16 at 9:15 pm
1
Posted on 6/6/16 at 9:17 pm to UpToPar
quote:
They are still the exception rather than the norm. $180K will be the norm soon enough.
Oh absolutely, only a handful of firms doing it. Susman publishes what they pay associates and bonuses. The bonuses for 1st year attorney's can be insane there.
LINK
And by the way, there's really no such thing as "big law" in Louisiana, unless you're working for a satellite office of a big law firm in New Orleans, but still not "big law." Just my opinion.
Posted on 6/6/16 at 9:22 pm to Rickety Cricket
quote:
Probably one or two years of federal clerkship too, especially if in their litigation group.
Have to have a federal clerkship to work at Susman
Posted on 6/6/16 at 9:25 pm to lsupride87
Nobody is paying a car note working in Manhattan. 
Posted on 6/6/16 at 9:27 pm to Old Money
quote:
He went to Columbia. He worked way too many hours for what he billed, total slave labor
But everything is comped. You get car service, free laundry service, all meals billed. The perks are amazing.
Posted on 6/6/16 at 9:29 pm to RedRifle
Dumbass move.
Posted on 6/6/16 at 9:30 pm to RedRifle
quote:
You get car service, free laundry service, all meals billed. The perks are amazing.
Posted on 6/6/16 at 9:31 pm to RedRifle
i was going to post about that earlier. they pay for everything you can imagine so you can almost literally live at the office. it's crazy shite
Posted on 6/6/16 at 9:31 pm to Mo Jeaux
And this is how they still get impressionable young ones.
Posted on 6/6/16 at 9:33 pm to SlowFlowPro
Yeah those are perks for the firm, not you
Posted on 6/6/16 at 9:34 pm to CorporateTiger
I'm loving the stories in here. Posted on 6/6/16 at 9:35 pm to CorporateTiger
reminds me of going to one of those swanky recruitment parties after 1st semester
i forget which firm, but they had 2 floors and on the way up to the party a younger attorney, almost assuredly an associate, got onto the elevator from the lower floor to go up to the floor where the party was and she was clutching some book or binder and looked like she was about to kill herself. this was like 830 pm
i was like "no thanks" and tanked my GPA
i forget which firm, but they had 2 floors and on the way up to the party a younger attorney, almost assuredly an associate, got onto the elevator from the lower floor to go up to the floor where the party was and she was clutching some book or binder and looked like she was about to kill herself. this was like 830 pm
i was like "no thanks" and tanked my GPA
This post was edited on 6/6/16 at 9:36 pm
Posted on 6/6/16 at 9:55 pm to Strannix
quote:
180k won't get you a parking spot in NYC
The frick you need a parking spot for? You taking the Gremlin?
Posted on 6/6/16 at 10:02 pm to SlowFlowPro
And those are BR hours... BR was at one time a super relaxed market. Times are probably a bit harder now.
Posted on 6/6/16 at 10:11 pm to SlowFlowPro
The long hours at a grind firm aren't worth the pay/perks. Not even for the two or three years until you leave the city to take a laid back job. The only real benefits are the resume boost (depending upon who cares that you worked there) and the extra money you throw into the bank/retirement because you have no time to spend it.
Posted on 6/6/16 at 10:17 pm to kywildcatfanone
quote:
Lots of money for ambulance chasers
Google Cravath. That firm is as far from ambulance chasing as they come. One of the most respected, if not the most respected, law firms in the world.Posted on 6/6/16 at 10:18 pm to Mo Jeaux
quote:
I'm loving the stories in here
A friend of mine who works at Skadden tells a good one of recruitment in New York. They have a "hip cool associate" take out all the recruits and get them drunk to show how fun the firm is, ya know. Well the hip associate gets blackout on tequila shots and has to call it an early night, so he gives the law firm credit card to a recruit and tells him to go to town. The recruits proceed to charge $10,000 worth of booze to the card. All got offers though.
This post was edited on 6/6/16 at 10:20 pm
Posted on 6/6/16 at 10:18 pm to TotesMcGotes
And FWIW only about 30-40% of associates make partner at these firms. It's very tough. Have to have a large book of business. Most of the time people make lateral moves with a book to partnership.
Posted on 6/6/16 at 10:19 pm to Mo Jeaux
quote:
This always seemed very unfair to me
You could always move. 
Posted on 6/6/16 at 10:20 pm to Jim Smith
quote:
FWIW only about 30-40% of associates make partner at these firms. It's very tough
It's more like less than 10%
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