Skaddenfreude: More on Seyfarth Shaw; Open Thread
We have to step away for a bit. In the meantime, here's an open thread to talk about a topic that never gets tired: associate compensation.
We can't keep track of the different "lists of shame" that have been developed. But if you can, please propound them in the comments.
To provide some fodder for additional discussion, we reprint an interesting email from a tipster about Seyfarth Shaw. Check it out, after the jump.
The last time we posted about Seyfarth Shaw, we were treated to a feast of catty comments. We hope to enjoy a similar bounty this time around.
Here's the email:
Seyfarth Shaw had their all-associates meeting [on Tuesday]. They were told that the executive committee had to discuss further how they would handle matching the other firms. Says one partner, "We don't follow all the other firms over the cliff like lemmings. We wait, think about it, discuss, and then jump off the cliff."Currently, they plan to hold focus groups with the associates and will readdress compensation issues at the next EC meeting. In April. Right. Like any associate with a mind to make partner would even consider being the squeaky wheel at one of these focus groups. How many other firms take 1/3 of the year to make a compensation decision that should have been made in December or January?
Focus groups? You've got to be kidding. Are you running a law firm, or marketing detergent?
Focus on this, Seyfarth partners: your associates want more money. That's all.
Earlier: Skaddenfreude: Seyfarth Shaw Makes Itself At Home on the List of Shame
(39) Comments
There's only glaring Atlanta Shame List member:
SAB
They must have quite a trick up their sleeve...
I tried to prepare a list of rejection (all the firms that rejected me) but my computer didn't have enough memory to hold *that* amont of information.
Lat's updated List of Shame doesnt include some firms like Squire Sanders and others anymore. I wonder if thats because they matched(i dont think they did) or because they dont have big NY offices, so supposedly they shouldnt be on the list to begin with. If its the second explanation thats right, then we have to get him to return them to the List of Shame.
ye the List did get a lot smaller for no good reason. If you don't match, you stay on the List.
Lat, please return those firms back to the List.
Squire Sanders has not matched. Put them back on the list!
It KILLS me that partners try to make these analogies all the time (and they're often terrible, like the lemmings off the cliff one by the partner here). They just wind up sounding like morons.
The Real Updated List of Shame
17. Williams & Connolly
42. Freshfields
43. Baker & McKenzie
45. Boies Schiller
50. Fulbright & Jaworski
56. Irell & Manella
58. Vinson & Elkins
69. Steptoe & Johnson
71. Patton Boggs
75. Nixon Peabody
77. Bryan Cave
79. Crowell & Moring
80. Howrey
82. Reed Smith
83. Dorsey & Whitney
86. McGuireWoods
87. Squire Sanders
89. Finnegan Henderson
90. Baker & Hostetler
92. Mintz Levin
93. Kilpatrick Stockton
94. Fenwick & West
95. Dickstein Shapiro
96. Venable
100. Seyfarth Shaw
Baker McKenzie suuuuuuuucks
wasn't williams and connolly at 150 in dc for before these raises even started? how have they not moved in NY?
Reed Smith is cheaper than Seyfarth
2:03--LOL
W&C only has one office, and it's in DC
W&C also pays no bonus, so they deserve to remain on the shame list until they move
Does anyone know what the typical cost of living bumps to associate salaries are if you're working in London, as opposed to New York. Any specific info on Freshfields would be doubly appreciated!
Thanks.
W&C also pays no bonus, so they deserve to remain on the shame list until they move
Let's the NYC vs. Everywhere Else C.O.L. argument going again.
Via the Grey Lady:
New York City has long had a notorious reputation for high taxes, but an official analysis released yesterday shows just how much the city stands out in this regard: State and local taxes swallow $9.02 out of every $100 in household and business income, putting New York’s tax burden far above those of the eight other American cities with populations over one million....
Taxes paid per $100 of gross taxable resources:
NYC: $9.02
Philly: 7.16
LA: 6.88
San Ant: 6.73
Phoenix: 6.25
SD: 6.01
Chicago: 5.89
Houston: 5.53
Dallas: 5.20
NYC's local taxes are more than 1/3 higher than its closest competitor.
I think DC and Boston are a lot more relevant to this analysis than places like San Antonio and Phoenix
That tax list is pointless. It leaves out DC and any suburb period.
Besides, population numbers based on incorporated cities as opposed to metropolitan areas are inherently deceptive. Places like San Antonio have large population numbers because they swallow up the surrounding areas. It's not a city, it's just one big suburb.
STOP DISSING MY FIRM FOLKS! SERIOUSLY! Is a few extra dollars worth raking your firms good name through the dirt? Sheesh, so short sighted. Just like L2L, all of you!
i need some fashion help
im working this summer in manhattan at biglaw. what kind of suits should i buy? how much is appropriate to spend per suit?
I also need some fashion advice. I'll be working on the side of the highway picking up garbage this summer. They give us uniforms but I don't know what type of shoe goes best with orange. I also need a good hat to keep out the sun but give my head ventilation.
A - If you are working at BigLaw, you will earn BigMoney. There is no up-side to dressing down. Spend $600-$750 per suit on some nice suits. They will last 5-10 years and you wont be wearing them that often anyway (BigLaw is business casual).
is hugo boss red label too trendy or young to wear to work at NY biglaw?
That list is not up-to-date. Crowell announced $145k on 2/13, with comp adjustments for third years and higher to be determined. This was reported Feb 13, and the email was posted here.
and what exactly does business casual mean. i got the memo on what's allowed and not allowed, but what do associates actually wear to work in the summers at biglaw? khakis and a polo shirt? suit with no tie? what's the norm?
wear khakis and a button-down, fools
get steptoe off the list. they raise a long time ago
http://www.law.com/jsp/article.jsp?id=1170237757100
McGuireWoods to $145k in ATL.
where did you get the MW info? that would be a big VA slap in GA's face
where did you get the MW info? that would be a big VA slap in GA's face by both H&W and MW
odds of MDub going to $145K are slim and none, and slim is with L2L sweeping floors at McDonald ...
Scratch that on MW. Someone's warped sense of a joke.
If you have info, please update this list. Please copy and add/adjust as needed.
We need a new list of shame which includes firms that 1) did not match in all markets they are in, 2) did not apply the increase to all associates, or 3) did not match up the chain for senior associates.
The List:
Baker & Hostetler [FN 2]
Baker & McKenzie [FN 1]
Baker Botts [FN 4]
Boies Schiller & Flexner [FN 3]
Bryan Cave [FN 2]
Crowell & Moring [FN 2]
Dickstein Shapiro [FN 2]
DLA Piper [FN 1]
Dorsey & Whitney [FN 2]
Fenwick & West [FN 2]
Finnegan Henderson [FN 2]
Freshfields [FN 2]
Fulbright & Jaworski [FN 2]
Greenberg [FN 1]
Howrey [FN 2]
Hunton & Williams [FN 5]
Irell & Manella [FN 2]
Kelley Drye & Warren [FN 3]
Kilpatrick Stockton [FN 2]
McGuireWoods [FN 2]
Mintz Levin [FN 2]
Nixon Peabody [FN 2]
Reed Smith [FN 2]
Seyfarth Shaw [FN 2]
Squire Sanders [FN 2]
Steptoe & Johnson FN 2]
Thelen Reid [FN 3]
Patton Boggs [FN 2]
Venable [FN 2]
Vinson & Elkins [FN 2]
Williams & Connolly [FN 2]
FN 1: Did not apply the raise to all associates or held associates back from raises.
FN 2: Has not matched for first years.
FN 3: Has not matched market for senior associates.
FN 4: Has not matched in all markets.
FN 5: Lowering the salaries of some Texas associates by implementing its recent "raise".
One less for the list of shame:
Dickstein Shapiro raised in NY ($160 for first-years) DC, LA ($145 for first-years) and matched market all the way up the chain in both markets. All retroactive to January 1.
The decision, which the firm chairman had alluded to in legal publications a while back, was made official today.
Does anyone know anything about life at Winston & Strawn DC? Any info re partners, culture, hours, etc, would be appreicated.
So any thoughts on whether Big Tex might announce a move today being Friday and all? I wish they would either move or say that they arent going to move. I spend half my day scouring this site and others in hopes of good news.
17. Williams & Connolly
42. Freshfields
43. Baker & McKenzie
45. Boies Schiller
50. Fulbright & Jaworski
56. Irell & Manella
58. Vinson & Elkins
69. Steptoe & Johnson
71. Patton Boggs
75. Nixon Peabody
77. Bryan Cave
80. Howrey
82. Reed Smith
83. Dorsey & Whitney
86. McGuireWoods
87. Squire Sanders
89. Finnegan Henderson
90. Baker & Hostetler
92. Mintz Levin
93. Kilpatrick Stockton
94. Fenwick & West
96. Venable
100. Seyfarth Shaw
I'd also like some inside scoop on Winston & Strawn DC.
I'd also like some inside scoop on Winston & Strawn DC.
well, some law firms still give individual raises, i.e. they announce that they participate in the big raise but won't pay this amount to the associates. "sorry, business/hours/your hair color isn't great, so you'll get only a $400 raise"! Those firms should get back on the list.