if OMM etc hadn't already announced a bump for SAs, GDC could get away with looking less cheap if they sent another letter in a few weeks saying they'd reconsidered and were increasing 2006 SA salary. but now, it seems like a conscious decision to hold back on the 2006 summer class, so if they increase now it'll just look stupid. TBD would only have gotten people's expectations up given the OMM etc increase, so the stinginess would have been even worse.
i wonder what they were thinking, given that they were leading the charge to 135 in the west.
Date: February 15th, 2006 3:22 PM Author: opaque indian lodge
You'd think they would have realized that they already have a reputation for being stuffy, arrogant pricks. It doesn't help that they're being stuffy, arrogant, *and* stingy pricks now.
Being shown up by the NY firms is one thing, but making this announcement after OMM is just sad.
Date: February 15th, 2006 3:30 PM Author: opaque indian lodge
Yeah, their PPP has always been high and the limited bonus info we heard about seemed good. But everybody hated their $5k raises, which other Cali firms were more than happy to go along with.
They really try to paint themselves as the West Coast answer to Sullivan & Cromwell, with their GPA cutoffs and one-firm approach. Maybe somebody needs to remind them that the "one-firm" attitude only works when you're not below market.
Date: February 15th, 2006 3:20 PM Author: costumed casino
Think about how fucked up this is. Gibson NY will ultimately need to raise it to stay competitive with other NY firms who have already announced a bump in SA salary. What they're doing is fucking their 2006 SA class, knowing full well that they'll have to bump it up for 2007.
Bumping next year wont save their recruiting next year. Its not like firms advertise their summer salaries during OCI. This is going to completely destroy them in NYC.
Date: February 15th, 2006 6:33 PM Author: opaque indian lodge
I would think Latham would have to pay its NY summers in line with other NY firms -- it sees itself as a peer, has kept compensation in line with the NY market, and moved to $145k quickly.
I'm less sure about outside NY. A $200/wk disparity should be reason enough for grumbling, I can't imagine they'd risk a $400/wk gap.
someone should email the link to this thread to GDC's recruiting people. This way they will be fully informed of the shit-storm they are bringing upon themselves.
Date: February 15th, 2006 9:50 PM Author: opaque indian lodge
Greedy doesn't really to hear about summer associates. It'd be really great if we could email this thread to the recruiters *and* all the GDC summers, heh. Although they're probably having a hard enough time being laughed at by their friends at OMM as it is.
Date: February 15th, 2006 6:37 PM Author: yellow pit dog poop
OH NO, WHATEVER WILL THEY DO!!!!!!!!!!!!!
Poor summers!!! 12 weeks of being feted over despite no actual legal skills, of boozing non stop, of putting on 10 lbs at bad ass restuarants. Stop whining about "equal pay" bullshit, and get the fuck over yourselves. You picked your firm, now shut the fuck up and take your grossly overinflated summer salary like the rest of us.
Date: February 15th, 2006 6:40 PM Author: yellow pit dog poop
What you really think anyone is going to shed a tear about people in their mid 20s pulling in 150 less a week for the summer? Come on man, get some perspective.
Date: February 15th, 2006 9:38 PM Author: Curious Philosopher-king
Nobody is saying feel sorry for us. They are saying that there's a reason firms compensate at the same rate and when firms don't they stand the chance of losing good people.
Date: February 15th, 2006 9:39 PM Author: red temple masturbator
I was sent to this message forum by one of my associates. I'm extremely disappointed at the sense of entitlement many have here.
Apparently, many of you don't understand firm economics. Really, it's not worth the extra ~$20k/yr. for us to get the 30th percentile instead of the 40th or the median. We are a good enough firm that we'll still be able to fill out our classes. Furthermore, we've moved towards a Skadden-like paradigm re: partnership. More and more of our partners are laterals; this means it's less important for us to get the "cream of the crop" from most of the schools we recruit at. Most anyone can do doc review or diligence.
Date: February 15th, 2006 10:03 PM Author: red temple masturbator
I'd respond, but this Netzero connection is pretty slow. You'd think they'd give me faster service for a free 30 day trial. These dopes are misguided if they think I'm going to spend 9.99 a month to keep this service
Date: February 16th, 2006 1:31 AM Author: Ebony tanning salon sweet tailpipe Subject: No, fuck you!
$2400/week for a summer associate that will provide little to no productive output during that summer is more than enough. Don't confuse the market rate with the actual value that you will add to your firm this summer, because your actual value is zero.
Date: February 16th, 2006 1:36 AM Author: Odious Theater Turdskin
I'm not sure anyone here actually thinks they are providing $1 worth of actual, net lawyer value to the firm as a summer, much less $2400/wk or $2800/wk. I think the basic point is everyone has always paid market and to not follow what is seemingly the market trend is a dumb move.
Date: February 16th, 2006 1:44 AM Author: Ebony tanning salon sweet tailpipe
I agree that it may be a dumb move for Gibson to pay below market. But it's not like they're saying "fuck you" to their summers. Their summers are still getting more money than they deserve and more than they need.
Date: March 1st, 2006 3:29 PM Author: flirting fishy keepsake machete party of the first part
This is so fucking stupid. The SA salary a firm pays isn't simply buying a summer of labor, it is buying a strong chance that the SA will come back to work for the firm following law school. That means that the overpayment for SAs occurs because firms value associates at a significantly greater amount than they pay them. SA salary is essentially an advance on future associate salary. Talking about whether or not SAs "deserve" their salary just because they are not yet able to contribute value is really, really dumb. Grab on to something sturdy, bear down, and see if you can pull your head out of your ass.
Date: February 16th, 2006 1:45 AM Author: Stirring rebellious garrison
Don't you get that the whole summer associate thing is a scam? They show off their best face possible and sink a huge amount of money into each summer. They make the money back and more later (consider billing rates vs. hourly wages). That's why firms that don't move to market (when "peer" firms have already moved) will get blasted.
It's a 3 card monty game. The only winners are the people that go on to something else after their summer.
Date: February 16th, 2006 1:54 AM Author: ruby chapel
That's not the point. Nobody is confusing anything. Market rate is what is important, not our real "worth" for those 3 months.
SA's are the MOST sensitive to wages. When I'm making 150k a year, I will care less about a 5k difference between firms then when I am making $0 a year. Bottom line is $400 a week is more then enough to kill recruiting.
They don't pay $2400, or $2800, or whatever the fuck each firm pays b/c they think we're contributing to the firm. And they're certainly not paying it to be nice. They pay it b/c they have to if they want to remain competitive.
So why would we care about anything other then the market rate?
Date: February 16th, 2006 1:56 AM Author: yellow pit dog poop
"Bottom line is $400 a week is more then enough to kill recruiting."
Oh yea, I expect them to go belly up. This is the end for them. You have no idea how expendable and irrelevant you are to Gibson. There are literally hundreds of equally hungry and aggressive law douches ready and willing to take your place.
Date: February 16th, 2006 1:58 AM Author: Odious Theater Turdskin
No, the point is they will no longer be able to retain people that have offers in the same "class" as Gibson (e.g., V10-20ish) since people will see them as cheap. They'll basically be left with a less prestigious class.
Date: February 16th, 2006 1:58 AM Author: yellow pit dog poop
Hahaha, this is hilarious. Great post.
EDIT: Someone get a list of schools for Gibsons summer class in NYC this year, and well bookmark this thread. When next years summers are announced, well compare the list and youll realize that there will be no difference at all.
Date: February 16th, 2006 2:07 AM Author: ruby chapel
yeah, b/c a list of the schools they recruited at will really tell you the GPA and class rank of each kid at those schools.
Because a firm has 15 kids from NYU in 2005, and 15 kids from NYU in 2006, that doesn't mean that their recruiting hasn't suffered. You have no idea unless you could see the average class rank of each kid.
Date: February 16th, 2006 2:11 AM Author: yellow pit dog poop
Right, which is why I wrote "imperfect" below in the response to your post. Do you really think there is much of a difference between the student at 30th percentile and the 40th percentile at NYU or Harvard? Gibson is going to be giving offers to studnets in the smae range class rank that it always has, so I think that 15 kinds from NYU is 15 kids from NYU to a pretty fair extent.
Date: February 16th, 2006 2:12 AM Author: cream fat ankles cumskin
I'm going into law for money, and most other people are as well, especially those going for these corporate firm jobs. What incentive would someone have to go to a firm that pays 400 less per week if their grades and school prestige were sufficient to obtain 2800 instead? A firm's ability to attract talent is a function of its pay relative to peer firms, I don't see why that seems so absurd.
Date: February 16th, 2006 2:16 AM Author: opaque indian lodge
Well, there's a lot of reasons why you might prefer one firm over another despite differences in money -- otherwise, wouldn't we all be at Kirkland? But the point is you can't really make that determination unless you have full info. Gibson never gave any hint that it wouldn't match raises by its peers, and I'm sure 2Ls that accepted Gibson's offer based their choice at least partly on that assumption. Even if they would have still chosen Gibson, I'm sure they would rather have known in advance.
Date: February 16th, 2006 2:21 AM Author: cream fat ankles cumskin
If they do as other posters predict and raise pay before next fall, I don't think there will be a substantial change. But those who follow this sort of thing on the boards might have a negative image of them.
Date: February 16th, 2006 2:03 AM Author: ruby chapel
First of all, I'm not working at Gibson. And my firm is paying $2788, so I really don't give a fuck.
Second of all, nothing pisses me off more then when people on these boards take things out of context and try to make points. When i said "kill recruiting," obviously i didn't mean that wouldn't get ANYONE, and that the whole firm was fucked right away. You're 100% right, there are hundreds of law students who would happily work for $2400. But what you're completely missing is that those kids are the same schmucks who don't have other offers. If I had an offer at comparable firms, and one of them was paying $2800 and the other $2400, I'm going with the $2800. Bottom line. Obviously if I don't have that 2nd offer then i'll take the $2400. But by losing the kids at the best schools with the best grades who have multiple offers, they are killing recruiting. Sure, the effects won't be noticeable right away, but these things snowball REAL quick. Fuck, just look at this board, and look at how quickly firms reputations can shift on things much smaller then $400 a week.
Date: February 16th, 2006 2:06 AM Author: yellow pit dog poop
Someone get a list of schools for Gibsons summer class in NYC this year, and well bookmark this thread. When next years summers are announced, well compare the list and youll realize that there will be no difference at all.
This is the best (if imperfect) way I can see to truly have an idea as to whether this is going to impact their recruiting in any meaningful way.
Date: February 16th, 2006 2:11 AM Author: ruby chapel
see my above post.
List of schools just isn't reflective.
Like I said earlier, these things change over time. But once momentum and popular sentiment swings, it can snowball very quickly. Sure, next year they still have the same number from Columbia. But instead of all being top 20% kids, now they're all top 40%. And the next year they have to dip further into lower schools. And so on and so on.
The bottom line is it's just a horrendous business decision on their part.
Date: February 16th, 2006 2:14 AM Author: yellow pit dog poop
I dont think we differ all that much once it comes down to it, and I think in the end it really doesnt cost them much to just avoid all this bullshit and people talking about it in the first place. So I do think they shoudl just match, but I really doubt this is going to have much effect on the firm, short or long term, as next year theyll be paying the 2800 or whatever and itll be forgotten. That said, like you, Im not working there and never even interviewed with the firm. Got no dog in this fight.
Date: February 16th, 2006 2:20 AM Author: ruby chapel
I agree. I'm 75% arguing just b/c i'm bored out of my fucking mind right now and aren't tired. I really don't give a fuck about Gibson or they're summers.
Whether it hurts recruiting or not, it's just not a smart move on their part. Just taking the risk that it will hurt recruiting is hardly worth the few thousand dollars per partner they would have to sack up to pay top market.
Date: February 16th, 2006 2:21 AM Author: yellow pit dog poop
I agree. I'm 75% arguing just b/c i'm bored out of my fucking mind right now and aren't tired. I really don't give a fuck about Gibson or they're summers.
Date: February 16th, 2006 1:57 AM Author: Ebony tanning salon sweet tailpipe
Again, I agree with all your points. You're misreading my post. Not paying market is probably not smart. This doesn't mean that the firm is "fucking you." It simply means that the firm has placed a lower ceiling on your value than other firms. If you don't like it, go work for the other firm.
Date: February 16th, 2006 2:11 AM Author: opaque indian lodge
Think about the 2Ls who accepted Gibson's offer. You could argue that when they accepted, they thought the salary was going to be $2400, so GDC isn't giving them any less than what they expected. But I think it'd be more accurate to say that the GDC summers were expecting a firm that would pay at least as much as its peers. Most people who chose a firm last interviewing season didn't think about potential salary differences, because there wasn't any reason to think one firm would pay less than another. Don't you think every GDC summer at this point is thinking, "Man, if I had known O'Melveny would pay $200/$400 more..."?
Date: February 16th, 2006 2:18 AM Author: ruby chapel
Yes, thank you.
There is a reason that law firms all pay EXTREMELY close compensation to each other. Demand is very very elastic on our end.
Speaking only from my experience, I knew very little about firms when i was interviewing. Of course I knew the vault rankings and blah blah blah and these firms were great blah blah blah. But outside of that, I didn't know that much. It's all a giant sales pitch. And after that 5th callback to a V20 firm, it's all a big jumble. 90% of the information they're feeding you is bullshit. They're all doing top level work. There's nothign to distinguish them.
Until now. $400 a week to a law school student 100k in debt is more then enough to distinguish them....and quickly.
Will they be unable to fill their summer class? of course not. They'll still get their people. But anyone with 2 or more offers otherwise comparable offers (1 of them being Gibson) will think VERY hard before they give up $400 a week.
Date: February 16th, 2006 2:19 AM Author: yellow pit dog poop
"But anyone with 2 or more offers otherwise comparable offers (1 of them being Gibson) will think VERY hard before they give up $400 a week."
This scenario will never happen, as next years summers will assuredly be compensated at the same rate as everyone else, which is one of the reasons that I think this will be forgotten.
Date: February 16th, 2006 2:26 AM Author: ruby chapel
However, it is worth noting that Vault comes in the middle of the summer (before fall interviewing) and the numbers in it are based on summer 2006. They list SA salary.
So whether they go to 2800 or not next year, they will stick out in Vault when their 2006 SA salary is listed at 2400. Which doesn't look so hot....
Date: February 16th, 2006 2:25 AM Author: opaque indian lodge
The funny thing is that they may very well be unable to fill their summer class if they stay at $2404. Don't forget, this is a firm that has relatively high standards on grades: http://www.law.com/jsp/article.jsp?id=1044059442291
So if they don't raise salaries, they'll have to lower their standards.
But I think they know that and they'll definitely raise summer salaries by next recruiting season, maybe even openly advertise them to erase any doubt. Which makes this year's summer class all the more screwed.
Date: February 16th, 2006 2:30 AM Author: ruby chapel
Speaking to this and my last post...
If they are in vault at 2400 next fall and are still gunning for top students, how in the hell can they advertise to students that they are raising SA salaries to market without coming off like complete douchbags. What, do you just mention it in each interview? It's awkward. I'm not so sure how you get the word out without sounding terrible.
Date: February 16th, 2006 2:34 AM Author: opaque indian lodge
You can put it on your recruiting materials and stuff. Gibson actually had pretty comprehensive materials last year if I remember correctly, like a summary of benefits and so forth.
I just checked the Vault guide and it doesn't say "Summer Associate Salary in 2005," just summer associate salary. Gibson will probably just tell Vault, put our salary as $2600/2800 in your book, and Vault will do it.
Good work, Gibson Dunn & Crutcher. You went from being a prestigious place to summer to being pwned. By the likes of LeBoeuf! That's right, Gibson Dunn & Crutcher. Smart move.
Date: March 1st, 2006 2:48 PM Author: stimulating toaster sex offender
The best part of this post is that the OP is completely clueless. Instead of posting an anonymous post on information.com and letting things develop, he chose the hate filled venom of this site instead. As a result, these complaints will either: (A) Never reach a senior partner OR (B) Reach senior partners, result in a summer raise, and in doing so create disdain for this year's summers before the summer even starts OR (C) Reach senior partners, result in no raise, and still manage to piss oof people in power to the detriment of the summer class.
Either way, this should go a long way toward helping this year's summer class to assimilate into the firm. Large firms love it when the most junior employees complain about salary. These situations always end well.
Date: March 1st, 2006 3:04 PM Author: stimulating toaster sex offender
Do large words like "INSTEAD" always confuse you? Or just in this case?
Dumbass. Still, keep telling yourself you are an important part of your firm. Remind yourself of this fact when the resentful partner gives you a "three-month long" doc review project, which actually requires six months of work.
Date: March 1st, 2006 3:14 PM Author: Concupiscible submissive area immigrant
Give me a break. You obviously didn't read the thread. I never said that SAs deserve 2700/week. I said that GDC screwed its SAs by not raising weekly salary like the other DC firms.
Date: March 1st, 2006 3:26 PM Author: stimulating toaster sex offender
Your level of self-importance is impressive.
I would imagine that the same person who went out of their way to post about Gibson on a message board might care. What was the purpose of your original post?
Date: March 1st, 2006 3:33 PM Author: stimulating toaster sex offender
Perhaps. And it appears that you are not hurting yourself in any way. However, there is still a level of animosity between partners and junior associates at most firms over the increased pay for associates. I imagine that the animosity toward an incoming first-year class would be even worse if they were the class that had been complaining about their summer salaries.
Date: March 1st, 2006 3:13 PM Author: stimulating toaster sex offender
Perhaps you are jobless b/c of your inability to comprehend relatively simple points? It is never a good idea to shit where you eat. Thus going out of your way to shit on the firm that pays your salary is a bad idea.
Date: March 1st, 2006 3:57 PM Author: stimulating toaster sex offender
They do not care what associates think, so much as they care about the image of the firm.
According to a managing partner at a top DC firm, who is a close friend of my family, he thinks that the amount of money they pay associates is absurd. Therefore, he admits to getting pissed off when he hears associates complain about the amount of money they make or the hours they work. Although I am not going to work for his firm, he told me that the best advice he could give me was for me to know my role in the firm, while at the same time working hard to expand that role. Similarly, he told me to never complain to a partner about money or hours.
Date: April 17th, 2006 11:45 PM Author: Chest-beating Useless Lay
I remember back in freshman year of college I took a little course called economics.
Apparently, if there is--for whatever reason--a rightward shift of the demand service for a particular product or service--such as the work done by a junior associate--there will be either an increase in quantity supplied or increase in price paid (or, more likely, some combination of the two).
In sum, if your partner friend doesn't want to pay his workers the going rate, all of his workers will pretty much tell him to go fuck himself and join another firm. That won't help his bottom line much, now will it?
Date: March 1st, 2006 3:57 PM Author: cheese-eating fuchsia gunner hissy fit
"Still, keep telling yourself you are an important part of your firm."
You're right, associates don't matter to a firm. By that logic, anyone offering a raise is a dumbass. GD should just refuse to offer a raise and see where it gets them.
You assume that high quality people have no other options. Those who have other options will take them, leaving a lower quality class for the partners to work with.
And being resentful because associates expect a high quality firm to pay market is ridiculous.
Date: March 1st, 2006 4:02 PM Author: stimulating toaster sex offender
It is ridiculous to us, but I imagine it makes perfect sense to them. GDC is not refusing to offer a raise to its full-time associates, who do actual work. It is simply not adding any money to its summer program for 2006... money that comes out of the partners' pockets. This has nothing to do w/ full-time associates and everything to do w/ a single summer class. Are the GDC 2006 summers going to all jump ship for another firm? I highly doubt it.
After reading this post, it is shocking to me that you went so deep into the fall job process w/out getting a single offer. Just shocking. Still, it is good to hear you talking about those of us w/ "options" as if you had any.
Date: March 1st, 2006 4:15 PM Author: Mahogany Public Bath Ape
"After reading this post, it is shocking to me that you went so deep into the fall job process w/out getting a single offer. Just shocking. Still, it is good to hear you talking about those of us w/ "options" as if you had any."
I'm just an impartial observer, but that is some serious PWNAGE.
Date: March 1st, 2006 4:18 PM Author: cheese-eating fuchsia gunner hissy fit
Wow, aren't you pissy?
"GDC is not refusing to offer a raise to its full-time associates"
Have they announced raises to $145K?
"It is simply not adding any money to its summer program for 2006... money that comes out of the partners' pockets."
All firm money comes out of the partners' pockets. But if partners get too greedy associates will notice and it will affect associate morale and recruiting.
"Are the GDC 2006 summers going to all jump ship for another firm? I highly doubt it."
You don't think getting paid below what other similar or even worse quality associates were getting paid isn't going to color their impression of the firm and compel them to explore their other options more deeply? I know if my firm took GDC's approach I'd do 3L OCI.
"After reading this post, it is shocking to me that you went so deep into the fall job process w/out getting a single offer. Just shocking. Still, it is good to hear you talking about those of us w/ "options" as if you had any."
And yet, I'm getting paid significantly more than GDC SAs.
Date: March 1st, 2006 4:29 PM Author: stimulating toaster sex offender
People know you. You are kind of a big deal around here. You are going to make a whopping $3-$4,000 more than the GDC summers (assuming, of course, that they do not change the salary before the end of May). With all of that extra money, you can afford an extra month's rent next Fall. Nevermind the fact that they will be running circles around you in a couple of years (more pay, more exit options, more prestige), you will be a very important guy this summer.
That being said, GDC is a very well regarded firm that is known for being rather generous to its full-time associates ($1,000 "client development" budget, etc). Therefore, while I would expect someone like you to bail out on their offer, the bulk of GDC summers would be wise to stick around. This is probably why firms like Gibson did not... what's the word... oh yeah... HIRE you.
Will you be doing 3L OCI again if you are unhappy with your summer experience? I hope so, b/c I found your 2L OCI experience quite entertaining. I have never heard anyone fuck up so many interviews, while holding onto their confidence and self-esteem. Kudos to you.
Date: March 1st, 2006 4:53 PM Author: cheese-eating fuchsia gunner hissy fit
Look, you're happy at GDC, that's great. Personally, I think 3-4K for the summer is a big deal, but that's just me. I suspect others will think its a big deal too. You're huffing and puffing a lot, and trying to get me into some pissing contest. I'm not interested because I have better things to do.
Of course, if I'm unhappy with my experience I'll do 3L OCI. Hopefully, I won't have to do that.
In terms of what will happen in down the road, its always hard to tell who will make the most money or who will be running around who.
I'm not saying that I would "bail" on their offer, but it would color my perception of the firm. You'd be crazy to think that a move like this would have no impact on SA morale. This thread is evidence to the contrary.
"I have never heard anyone fuck up so many interviews, while holding onto their confidence and self-esteem. Kudos to you."
And it worked out, didn't it? Now I have a firm I'm very happy with (so much so that I rejected future callbacks), and losers like you try to talk shit about resolved problems to compensate for whatever you're compensating for. Doesn't change the fact that the substance of my post is correct.
Date: March 1st, 2006 4:59 PM Author: stimulating toaster sex offender
The substance of your post would be correct if partners and associates were on equal footing. You are also overemphasizing the longterm importance of a marginally higher summer salary. Gibson's bonuses are reputedly pretty good in DC (though I guess in NYC bonuses are lock-step) and they are very generous w/ the perks. I guess it comes down to looking at a firm through the eyes of a future associate or a future summer associate. I choose to do the former, you choose to do the latter.
Although Gibson is a great firm, I will not be going there this summer. Litigation and app. lit. are not my primary interests and that is their forte in DC.
Date: March 1st, 2006 5:20 PM Author: cheese-eating fuchsia gunner hissy fit
"The substance of your post would be correct if partners and associates were on equal footing."
That's not really necessary for my post to be correct. Only two things need to be correct: 1) That associates are an import part of the firm business model and 2) that associates have mobility among firms.
"Gibson's bonuses are reputedly pretty good in DC (though I guess in NYC bonuses are lock-step) and they are very generous w/ the perks."
Honestly, I know very little about DC.
"I guess it comes down to looking at a firm through the eyes of a future associate or a future summer associate. I choose to do the former, you choose to do the latter."
A negative summer experience will taint someone's impressions on being an associate.
Date: March 1st, 2006 5:51 PM Author: stimulating toaster sex offender
We obviously have differing opinions on what constitutes a negative summer experience. In my opinion, making "only" $2400 would not deter me from going to a highly regarded firm that pays as much or more than market to full-time associates while providing some great perks as well.
Date: April 17th, 2006 9:49 PM Author: opaque indian lodge
Firms like MoFo and Latham are big on the "one firm" thing too, but don't seem to apply that to compensation (before it was just bonuses, now it's salaries and bonuses). Gibson might be more of a believer, but I dunno.
Somebody on Greedy SF/SV posted this a while ago: "MoFo associates have tolerated the existence of differential pay in different offices, with NY being paid a bit more. But the new salary and bonus structure in NY is so far and away higher than any other office, that it is making MoFo associates in other offices angry. The firm has never, to my knowledge, allowed one office's associates to be paid so much higher than everybody else. MoFo markets itself as "one firm," where deals and cases can be reliably staffed across offices. When more junior associates in NY are making substantially more money than their more senior counterparts in other offices -- including their supervising senior associates -- that is a sure a recipe for discontent and sinking morale, especially given the big increases in partnership profits and firm revenue"
Date: April 17th, 2006 9:43 PM Author: Aphrodisiac stage
This is why corporate lawyers are miserable. You'll bitch and agonize about a few grand, but don't give a fuck about any differences between firms other than money and prestige If you like the firm, who cares that they pay 2400 instead of 2800?
Date: April 17th, 2006 9:52 PM Author: khaki stag film affirmative action
Because there are other firms you might like just as much (or close enough) paying $2800? You're not picking a soul mate, you're picking a place to work.