Cravath

Senior associates- I have a lateral offer at Cravath scale firm for a special counsel role- 1200 billable, off partnership track, but paid base salary (no bonuses unless hours are significantly higher… more

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What defines a “Big Law” firm? Is it Am law 200? How many attorneys? Cravath scale pay? Or is it “you know it when you see it?”

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Cravath to 221?

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Milbank has been the first movers in the last 2 salary changes. I am submitting a motion to change the colloquial term from "the Cravath Pay Scale" to "the Milbank Pay Scale".

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What’s your firm’s bonus policy? My firm pays bonuses on the Cravath scale but requires us to hit 2,000 billables (which can include 100 pro bono hours) to get it.

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I’m averaging 180-200 billable hours a month, at a firm with small bonuses and salary slightly under Cravath (and the gap widens as you progress). I like the work and the people I work with. Advice on… more

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I’m curious about the upside/downside of leaving a firm you love for more money/prestige. I’m in big law, but the firm doesn’t pay on the Cravath scale and, while as a young associate, this is fine be… more

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For those who work at small firms (10 or fewer attorneys), what is your compensation structure for associates? How does your overall pay compare to market rate in your area (not necessarily Cravath or… more

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Associates: Suppose your are working from home, haven’t gotten any cut to your Cravath scale pay, and your firm has committed not to lay off any associates or staff. Is there any world in which you … more

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Texans. Just got an offer from a V10 to relocate down and do litigation. Excited but the offer was 20k below market. Talked to managing partner and they said it’s the market in Houston so if I can fin… more

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I am a mid-level (rising fifth year) real estate associate considering an offer to move in-house. The position is at a company I’m really interested in and would probably provide a significantly bette… more

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Can someone help me understand the timeline of these bonuses? I’m at a close to Cravath, but lacking bonuses firm, so I am trying to compare salaries with bonuses included. When do these bonuses hit? For example, do you get the $15000 at the end of your stub year, or is it not until the end of the next year (so you’ve been there for a little over a year and are technically a second year)? If the latter, would the $25k not be until you’ve been there for over 2 years?

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I’m a 3rd year in AmLaw top 20 firm in one of the international offices. Cravath scale is more than enough to have a comfortable life here and dull the pain when the hours get bad. How do people find … more

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Anyone here go in-house to Amazon from big law? If so, what kind of a pay cut can I expect to take? Currently 5th year on Cravath scale.

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My hours have been insane lately and I’m burned out of biglaw. 3rd year associate. I have an offer at a boutique corporate firm, ~10 attorneys, billables super reasonable (under 1500), $130K+ decent b… more

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Curious if any partners are aware of any convos at the biglaw level about associate comp increases / cravath scale tweaks. Not trying to be greedy, truly just curious. We had a couple back to back wit… more

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What are the typical Biglaw salaries in Canada? Is there any semblance of a Cravath scale there? If anyone has insight into Europe (excluding London - e.g. Brussels, Paris, Frankfurt) I’d appreciate i… more

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Disappointed by my discretionary bonus and wondering if I'm right to be or need a reality check. For context, MLA at a "big law" California boutique (F100 clients, 90% Cravath scale), fi… more

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Thinking of lateraling to a peer firm as a midlevel mainly because the past year was so awful (for everyone), I am burned out and need a fresh start. Am I making a mistake? My current firm is generall… more

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Considering offer at a peer firm in London which pays UK scale (not cravath and no COLA, but cravath scale bonuses). Hours req at new firm is 1800 and would be doing PE instead of high yield finance. … more

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Any comments on Lewis Brisbois pay? Is it Cravath?

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AmLaw 100 litigation partners in major markets where associates make New York/ Cravath scale: what’s the starting draw for junior partners at your firm, assuming no book of business or equity?

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I am a mid level and have received an offer from a regional big law firm in a non-market paying location. I believe the firm would be a great fit and the location is where I want to be. The biggest is… more

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What is the financial benefit of working at a V10 with a terrible culture v. a lower ranked tech firm with better culture/lifestyle that pays Cravath scale? I’m strictly interested in the financial r… more

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How much does established regional firms pay? If it’s a full device firm with a few offices, anywhere between 50 to 200 lawyers, how big paycut am I expecting if I’m switching from Cravath scale?

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So Latham thinks they’re better than Kirkland and Cravath?

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Are boutique litigators out of luck with respect to in-house jobs because of a lack of widespread name recognition? I work at an above Cravath scale boutique, but due to the size and age of my firm, … more

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Brand new associate at Cravath scale firm (NYC): EVERY single midlevel and junior has left my group since I started to lateral to other biglaw firms. No insight on why beyond a vague "seeking oth… more

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I need a sanity check. How many corporate associates are making cravath scale doing emerging growth? Does someone have a firms list for this?

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Would you leave a midlaw firm for big law. Midlaw firm - slightly under Cravath base, with a bit of compression past year 4 (10-50k under between years 4-9), and fairly insignificant bonuses. Good w… more

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Big law Associates, are any of you seeing remote only big law jobs in the recruiter email blasts that you receive on a daily basis? I work at a large international firm. Although most offices pay Crav… more

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Anyone else think all the firms that stayed silent on fall bonuses are going to pleasantly surprise us with end of year bonuses that exceed last year’s Cravath + this years fall bonus scale?

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Anyone not in BigLaw/using the Cravath Scale have any advice on how to negotiate a year end bonus/pay raise? Smaller TT PI firm in NY, started 1 year ago 65k/yr and 40% of fees. Since starting I have … more

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I’m a senior in a biglaw, zero chance to make partner here. If I switch to a smaller firm (looking into established regional firms now, right now on Cravath scale, willing to take a paycut for up to 1… more

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So Cravath announced bonuses equal to last year’s PLUS a “special bonus” to match the fall bonuses that some firms paid out this year. How do you think the market will respond? Will they match the s… more

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I have a great BigLaw job working with mostly great people in a major city (that won’t raise associate salaries anywhere near Cravath scale). I have an offer for good Biglaw firm in Austin (which is… more

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Thoughts on leaving big law position 2 years out of law school, being paid well below cravath scale, for a federal clerkship?

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If your firm follows the Cravath scale, do you think you’ll receive a raise at the end of the year commensurate with your advancing a year? (Eg if you’re a 1st year in NY, do you think you’ll get that… more

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What are your average billable hours? Month / year? What type of practice are you in? Are you on the Cravath scale? What associate year?

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If all student loans were forgiven instantaneously, would that put downward pressure on the Cravath scale? Surely debt levels coming out of law school have some relevance.

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Related Posts

If you awake from a dream where you were planning client work (designing a deck, developing strategy, etc.), can you bill the time?

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Would you rather have a project with an average 8-9 hours of work everyday or a project where you barely work at all?

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Have 10k United miles but don't fly United anymore. Recommendations on what to use the miles for?

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Is coming to the office/client site with slightly damp hair (completely dry 45 min in) unprofessional?

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Graduated in 2014. Make 150k as a manager now. Looking for Corporate Strategy roles in f500. What should I shoot for for total comp?

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Is it rude to leverage an offer to get another company to expedite the interview process if you know you would most likely take the current offer over that one?

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On PTO for a couple more days. Any Netflix suggestions?

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Debating whether to go into the office or sleep another hour and work from home. Damn you Sunday Funday!!

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Most likely going to be on the bench till the new year. Is it bad that I don't really care?

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Does anyone teach CISSP training classes?

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Hit the bench and want to stay for all of June since it doesn't count towards YE metrics. Tips on how to stay under the radar?

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For those who were laid off or unemployed during the past year - did you find a new job and if so how long did it take?

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To con't the conversation on engagement rings💍 - what do they symbolize to you? My BF and I got into a discussion about this last night. He views them as an investment and an "asset" on the books for his future family. He also has grandparents who had to finance their trip to America by selling their jewels. I see the ring as more of a gift to the future bride that is an expense that can be sold for money if needed, but isn't an investment. I'm fine w/ lab grown, he is not. Thoughts?

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Have heard that AT Kearney has an exceptional culture. Out of curiosity, what do they do that contributes to this rep? Kudos to ATK

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Can you make Partner on H1B?

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My manager (VP of marketing) is actively interviewing elsewhere - she has interview slots on her work calendar (can be seen by everyone). Other events are marked private, but all the interviews are not. It’s so weird 😂

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What is the equivalent in Big 4 for Slalom Director?

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For Mental Health Awareness month. Managers and senior leadership pls read.

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Done after today. Hawaii from Dec 26 to Jan 15 wishing you all a stress free holiday ✌️

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Does it make sense to jump from D to EY for same level/role but a 10% salary increase?

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Additional Posts

If you awake from a dream where you were planning client work (designing a deck, developing strategy, etc.), can you bill the time?

funnylike

Would you rather have a project with an average 8-9 hours of work everyday or a project where you barely work at all?

like

Have 10k United miles but don't fly United anymore. Recommendations on what to use the miles for?

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Applied to a role earlier this week and the hiring manager for the role viewed my LinkedIn profile today. Since I haven’t gotten an email yet from them regarding a potential interview, would it be worth reaching out to the hiring manager on LinkedIn? Or is it better to wait to see if they reach out to me over the next few days?

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Is coming to the office/client site with slightly damp hair (completely dry 45 min in) unprofessional?

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Is there a BigLaw firm that actually has good culture?

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Graduated in 2014. Make 150k as a manager now. Looking for Corporate Strategy roles in f500. What should I shoot for for total comp?

likefunny

What type of roles can Sap Consultants look for outside consulting world? I have been thinking about the switch to Industry but my resume is not able to articulate that since it’s so Sap consulting heavy. Looking for some guidance on applying for Technical Program Manager or Product Manager roles and how to best prepare for that transition ?

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Is it rude to leverage an offer to get another company to expedite the interview process if you know you would most likely take the current offer over that one?

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On PTO for a couple more days. Any Netflix suggestions?

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Those looking for jobs, we are hiring Salesforce Tech Archs. Send me your burner email, will send more details! Big 4

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Is an MBA worth it if you’re already at MBB? What additional value does it provide? Do I have to accept that I only want to apply because I’m a prestige chasing simp?

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Debating whether to go into the office or sleep another hour and work from home. Damn you Sunday Funday!!

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Most likely going to be on the bench till the new year. Is it bad that I don't really care?

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I'm TC2 at Deloitte w. 2 YOE and MAcc. Working on CPA exam. Some of my team peers moved to Capital One as Senior Business Analyst and it seemed good to me too. Recently I was contact by Cap One. The recruiter asked me if I'm interested in- Analyst/ Associate/ Risk Manager roles at Commercial bank (related to real estate or credit). Those roles require 1-3 YOE, but not Master's or CPA. Does anyone know if above positions are as competitive as SBA?

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Stretch that per diem 🤑

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Does anyone teach CISSP training classes?

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My therapist during future retirement puzzled why I have PTSD from just corporate America: “How were you able to express frustrations and your emotion during your job in a healthy way?” Me: “Slack only offered so many negative emojis.”

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Yosemite JFK to SFO

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Anyone not liking cybersecurity like they used to? I'm feeling burnt out in general, and exit opportunities aren't the best, so I don't know what to do.

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