Milbank just raised in 10k increments through co 2018 and 20k increments starting with co 2017.

likeupliftingsmart
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Let’s gooooo

like

Letssss goooooo 215k to send red lines and calendar invites. Class of 21 we made it

likefunnyuplifting

Wow all my “attention to correspondence” is paying off!

likefunny
Recent IconRecent

I don’t think this was the right move exactly. People are complaining about workload not comp. Goodwin is giving all associates a 1 week fully paid vacation, which probably costs less money than $10k but having a week off in addition to any regular vacation is a step in the right direction.

likefunny

Goodwin also raised salaries to match Milbank. The paid vacation rollout was announced before Milbank announced salary increases.

Screenshot

Post Photo
likehelpful

Of course. Sorry I cut that off

like

DPW LETS GO. YOU CANT LET A V25 TRUMP YOU ON RAISES!

likefunny

DPW will go higher. This was Milbank’s effort to avoid that. But top NYC firms are going higher. 2nd tier won’t match IMO. Luckily top firms are hiring and will pay that in other markets too.

Do we think the others will follow?

like

I mean there are firms like Hueston Hennigan that pay above so they were never really top of anything

like

BakerHostetler are you paying attention? LMAO sorry.

likefunny

would be nice!

I’d much rather get 40 billable hours for vacation than get another raise 😒

likeuplifting

There really needs to be a minimum amount of vacation that associates need to take - just like banks. Firms move to unlimited vacation to avoid paying out unused vacation when people leave (fired or quit). People never take it whether they have banked hours or not.

like

I just hope the madness comes crashing down after I've quit big law.

likefunny

Screenshot??

like

I can confirm this is true.

like

Yes

like

An extra $400-500 a month after taxes? Hey I’ll take it.

like

Need someone to go over the top. Let’s start a bidding war!!

likesmartfunny

Frankly we’ve been turning down “smaller” M&A work cause of staffing issues at our V50. LET IT RAIN BABY

like

Where are the matches? Have only seen a handful of firms announce raises.

like

Sweet!

like

What’s the first part of the email say? Like what’s the reasoning (I don’t disagree that this is more than deserved but just wondering if it gives others an out)

like

The usual nothing: “in recognition of your hard work”. They know most people don’t question why they’re getting more $$$

like

This is not a drill people!!!

likefunny

https://abovethelaw.com/2022/01/alert-milbank-announces-salary-scale-increases-to-kick-off-the-new-year/

Damn!

like

Covers my car note so that’s cool.

like

Related Posts

What's the max salary IBM can offer for band 7b(initial offer 15.8lpa)?
If you have counter offer of 24lpa?

like

Started with the firm in April. What do you think is appropriate to ask for a raise at EOY? What's the average non promotion raises?

like

Hello guys
How is Dassualt systems India w.r.t Compensation, WLB?

like

Why do Big 4 firms interview you for a specific position level and then try to make you come in below that level...

That would be a lateral move for me in terms of level which be okay if at least it was a good pay increase but Their quoted pay range for the lower level would make it almost a lateral move financially too..

Beyond frustrating

like

Fishes need your help on decision making, of course it's a regular post,, got offer from accenture for team lead level 9 with fixed ctc of 17.45 LPA + 1.75 joining bonus + 27% variable pay. Is it ok to join to that level and CTC ??

YOE: 6.8
SKILL: SSIS
CTC: 13 LPA Fixed + 10% variable pay

How’s the axtria compensation? The HR reached out saying we can’t pay more than 30% in hike but I wouldn’t agree on that. Just wanted to know if they’ll repent after interviews or is it a hard and fast rule?

like

Interviewing a a FAANG company:

What is your total expected compensation (include base, bonus, equity)?

Any recommendations on how to answer? Odd that it came before the phone screen - very caught off guard.

like

Engagement Director (FINS) at Salesforce…what TC to expect? What are travel expectations?Salesforce

like

Has it become common practice for leaders of a team to make less salary than their direct reports?

like

Recently received my CSW license and have started working as a therapist at an outpatient clinic. Is a starting salary of $64,500 fair? I am supposed to aim for 28 billing hours (get paid if clients show or not) a week with 12 hours of admin time for other tasks. Thanks for any input.

like

How do you justify a $100k pay cut to go in house?

likefunny

Anyone can share experience working industry for SOX/IA roles? Is there work life balance, good pay, etc.?

like

So for those of you who are in learning and development: what are trainers making now days? Interested to know salary & years experience! TIA

like

Hi. I have cleared tech round for Deloitte India as a mulesoft Developer. My current CTC is 8 LPA. How much should I fill for expected CTC so they just don't reject me right away?

like

Comp at AlixPartners and Alvarez... go!

like

Recieved a hike of 10% with 2 rating.
KGS.
I see people getting 27% with the same rating.

like

How much does a Manager makes in the Janitorial Service field

Hello, I am looking to make a career change that starts at a minimum 75K salary. The economy is tough right now and I can no longer afford to stay in my current role. I have a bachelors degree in Sociology with experience in managed care, utilization management, & clinical admin.. Does anyone have any suggestions for a possible higher paying career that I would be qualified for based on my background?

Hi fishes, do you get paid by the hour or receive a salary?

like

Hi I had an offer from CGE for Associate Consultant B1, I negotiated the CTC with the HR on it and the new offer is for Associate II/A5 can anyone explain the meaning of these positions?

like

More Posts

AITA? If my SO of 1 year wants to get a dog, do I get an opinion? We don’t live together

Need a job in Kangra district Himachal Pradesh

like

Is the executive order from June impacting people who had an h1b stamped and moved jobs? Since the h1b would need an amendment if someone changes jobs, would that pose a risk? Any folks who have moved jobs on h1b in the last month or so?

like

Anyone go from SaaS / licensing sales to services (strategy & implementation) sales?

I'm thinking of moving from large cap tech to large cap consultancy firm to help build the resume and round out my experience. I enjoy and do well in licensing, but I'm fairly young in my career (<6 years) and received a great offer to make the move.

Big fan of the org and team I'll be joining as well.

Thanks!!

TC ~$300K

likehelpful

How soon you can change project in bny Mellon technology? Whom to contact for project change?

My boss in my creative agency threatened to fire me because I, a male, came into work with my nails painted. HR is having a very complicated day today as I found out I could take legal action if he does fire me since we don't have an established dress code that has any guidelines against male nail polish wearing.

like
like

Hi
Which company should I join -
Infosys or Cognizant or Mobile Programming LLC?

like

Anyone with Trading Systems Support/ FIX Protocol knowledge looking for switch,
Experience 1-3 Years

Happy to refer

like

Any idea about probation period of Blue Yonder? What is the time duration Blue Yonder

like

Klick - would you go? Why or why not?

Are pro bono hours are required or is it up to my discretion? Or if you’re in NY, are you required to do 50 hr pro bono hrs?

like

Does EY care if you’re CPA?

funny

Been asked to present my current client’s plan and PCA in second interview for a role. Am I being over cautious by not feeling comfortable with this?

like

What's the best way to approach a manager about a performance review? I've been at my company for 2 years, and I want to make sure I'm doing everything right.

like

Stay or go ?

I'm at an early stage tech start up and gaining experience in an industry that I like. However, I am getting no formal training or sales coaching. Everything I've done so far (Inc. Targeted marketing and prospecting) has been self taught and I feel like I am lacking professional knowledge if I was to move onto a different company, especially considering that I am not involved in the full sales cycle.

like

What should I expect if I join the logistics industry?

like

Is SYW UBER integration dead?

like

Additional Posts in Big Law

Anyone have slow months where you burn through a lot of your allotted pro bono/professional development hours to keep hitting minimum daily hours? The past few weeks have been like this for me. Should I be concerned (I.e., will this reflect poorly on me, come review time? Will I have dug myself too much of a hole if I keep burning my non-billable hours?) I’ve been asking partners if I can assist in any projects so I can fill my plate, but I’ve only gotten small (4-6 hour) tasks handed my way.

like

It’s not that I don’t have any motivation, it’s just that the motivation that I do have right now is aimed at not working...

Post Photo
like

Can someone explain to me what law clerks are in private practice? I'm based internationally but deal with our NY office a lot, and I can not figure out what the title actually means/where it sits.

like

Is it possible to transition from antitrust litigation to general litigation?

like

What is comp like in Minneapolis firms? Do some pay significantly better than others, or are they all the same? Spouse’s family in MN so considering a move, but I make DPW scale currently (am a litigation associate) and the salary estimate I got from a firm in MN would be 40% less than what I currently make! Cost of living and hours requirement slightly lower in MN, but nowhere near 40%! Are there any options that would not result in a drastic pay cut?

like

Is an offer after only a first screener a red flag?

like

What does it mean if there’s a NEP at the firm who’s been there for a long time (20+ years), but never got promoted to EP? Never held leadership roles too. Does it usually mean EPs does not like the NEP enough to get promoted?

The NEP has a book of business, though no idea how much it brings in.

like

Should I disclose or hide the fact that I am on maternity leave? I have an interview with a big law firm in NY. I’m currently working for a law firm in Atlanta. I imagine I will be asked whether I have returned to the office or working remotely from NY. My husband and I have been living in New York since the pandemic to be near family. My current firm asked everyone to go back last week but since I am on leave I didn’t have to. I want to avoid lying without jeopardizing my chances.

like

What responsibilities should a litigation associate have by their second year?

like

Do you give the office manager (who does assist you with admin tasks from time to time) a christmas present (aka cash)? I have an admin assistant so that's an obvious yes but I don't know how to handle the office manager or receptionist!

like

How do I tell a firm I screened with that another firm I screened with is moving forward with full rounds? I would prefer the former firm, even though the latter firm is ranked higher. Thanks for any advice

like

Maybe I’m just realizing I’m lazy… but do y’all ever get assigned an actual, hard research or drafting project and realize you don’t like the effort? Like plz let me go back to doc review.

likefunny

Any Atomic Habit readers here? I’m brainstorming identity-based habits for two things I want to change:

-I want to bill more hours, so my goal is to become the type of person who bills at least 8 a day
-I want to drink less alcohol, so my goal is to become the type of person who drinks occasionally

Neither of these feel that helpful. Any one have suggestions for other identity-based goals that get at these changes I want to make?

like

Do you remember when “office closed due to inclement weather” meant you had an easy day at home because remote wasn’t a thing yet? Now with a foot of snow coming, office closed means wfh with no backup childcare available….

like

Anyone here deal with Phantom Share Agreements? Would that be in the wheelhouse for an ECVC lawyer? My BIL is being offered a job with a company and received a proposed phantom shares agreement. One condition states that he must remain in good standing with the company even after the 3 year vesting period to receive distributions. Is that atypical?

like

Will firm say anything if I travel and but am still working? Probably intentionally. Probably a week or two. Figure the VPN will tell them

like

Anyone work in tech and blockchain? What exactly do you do?

like

First year trainee here. Having the standard wobbles but generally surviving.

My question is - how can I tell if I'm doing well? More specifically, what common and avoidable mistakes (specific or general) do trainees make, and what attitude or actions impress you?

Recently overheard some associates complaining about another trainee and now I have the fear... I want to get this right. Thanks in advance.

like

Has anyone ever lateraled and had to clarify/dispute the terms of their bonus payment with the new firm?

like

What sort of work is considered corporate finance? This was referenced in a energy practice related interview and am not sure what sort of work that would entail.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal