Do we think Davis Polk and/or Cravath are going to bump up associate salaries? Or do we think they’ll match?

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I hope so lol

funnylike

What's going on internally?

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Wow nobody asked this yet

likefunny

Whichever it is, better happen quick! Or else…..

I’ll continue complaining on here and do absolutely nothing about it

likefunny

Assuming a bump with this long delay

like

Or biglaw 😹

like

I expect to hear something on our 2/10 townhall, which was announced a couple days after the Milbank announcement.

like

I assumed the townhall as well, just based on the timing of the calendar invite

More applicable question — will it be retroactive to Jan. 1 when adopted?

like

Gotta be. Otherwise the raise would be below-market. All the firms, including very mid-tier firms, that have matched so far have gone retroactive. Would be really embarrassing for these top firms to comp their assocs less than those shops (which is why they literally never have).

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No one knows.

like

My guess is match

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helpfullike

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