Law School Discussion

NY biglaw salary raise?

NY biglaw salary raise?
« on: August 18, 2007, 04:06:51 AM »
I heard a rumor from a fellow student (meaning the rumor is probably not true) that NY biglaw salaries will raise to $180,000 for the Class of 2009.  Anyone else hear this or is the student just making *&^% up? 

Re: NY biglaw salary raise?
« Reply #1 on: September 23, 2007, 09:37:53 PM »
I heard it from a student. It makes sense since other markets matched NY salaries. But it doesn't make sense if you watch the news. Credit market is F'ed up right now.


Re: NY biglaw salary raise?
« Reply #2 on: September 23, 2007, 09:42:30 PM »
i was told by a hiring coordinator at a DC/Boston firm that NY was going to 190 and they were preparing to match.  It would not surprise me since many DC firms have raised from 145 to 160 lately...

Re: NY biglaw salary raise?
« Reply #3 on: September 24, 2007, 11:49:06 AM »
i was told by a hiring coordinator at a DC/Boston firm that NY was going to 190 and they were preparing to match.  It would not surprise me since many DC firms have raised from 145 to 160 lately...

Yeah but the market is horrible right now. Or at least we don't know what is going to happen. The salary gotta go up (hope it does) but I don't have too much expectation.

Re: NY biglaw salary raise?
« Reply #4 on: September 24, 2007, 11:52:28 AM »
I sense it's coming. :o

Re: NY biglaw salary raise?
« Reply #5 on: September 24, 2007, 11:59:26 AM »
i've heard 190 / 195.

i've also heard that only a small handful of nyc firms (skadden, cravath, weiss, etc.) are willing / able to do this - which means that the vast majority of will not be affected.

Re: NY biglaw salary raise?
« Reply #6 on: September 24, 2007, 12:13:02 PM »
!

Re: NY biglaw salary raise?
« Reply #7 on: September 24, 2007, 02:44:29 PM »
i've heard 190 / 195.

i've also heard that only a small handful of nyc firms (skadden, cravath, weiss, etc.) are willing / able to do this - which means that the vast majority of will not be affected.

You mean Paul Weiss? If they can do it I am sure any V20 can do it.

Re: NY biglaw salary raise?
« Reply #8 on: September 24, 2007, 03:09:15 PM »
Well, if thats the case, its a good thing skadden is going to call and appologize for dingy me at the screening interview then beg me to come work for them...

Re: NY biglaw salary raise?
« Reply #9 on: September 24, 2007, 03:52:02 PM »
Why do 1Ls act like they know everything? They haven't had OCR yet. Jesus Christ. They get their limited info from XOXO and Vault and pretend that they know everything.

Weiss???? LOL!