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Gibson to Summer Associates: "Fuck You"
Poast new message in this thread
Date: February 15th, 2006 3:06 PM Author: Exciting office juggernaut From the GA: "Gibson sent out a letter dated 2/10 stating that 2006 summer associate salaries would be $2404/week. Bit of a disappointment."
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Date: February 15th, 2006 3:08 PM Author: Yellow racy cuckold international law enforcement agency Whoa. What office? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095033) |
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Date: February 15th, 2006 3:09 PM Author: House-broken up-to-no-good sandwich There was another thread: http://www.xoxohth.com/thread.php?thread_id=360940&mc=17&forum_id=2 But I like this title better. |
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Date: February 15th, 2006 3:09 PM Author: Exciting office juggernaut At least DC (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095049) |
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Date: February 15th, 2006 3:13 PM Author: self-absorbed native Can any NYC summers of Gibson confirm? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095087) |
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Date: February 15th, 2006 3:14 PM Author: Exciting office juggernaut I've seen proof of only DC. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095102) |
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Date: February 15th, 2006 3:15 PM Author: self-absorbed native Ok, you edited your answer above... (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095107) |
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Date: February 15th, 2006 3:17 PM Author: Exciting office juggernaut No. I said that it's at least for DC. It could be for other cities. We don't know for sure. I have only seen proof of the salary for DC. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095137) |
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Date: February 15th, 2006 3:18 PM Author: self-absorbed native Ok, you edited your answer to clarify...cool. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095156) |
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Date: February 15th, 2006 3:17 PM Author: Jet medicated fanboi (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095143) |
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Date: February 15th, 2006 3:18 PM Author: Exciting office juggernaut ouch (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095147) |
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Date: February 15th, 2006 3:09 PM Author: Jet medicated fanboi (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095045) |
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Date: February 15th, 2006 3:10 PM Author: Exciting office juggernaut I'm glad I turned them down. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095052) |
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Date: February 15th, 2006 3:12 PM Author: House-broken up-to-no-good sandwich Wow, and they had such a prestigious summer class too. I guess I wouldn't count on them keeping it. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095070) |
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Date: February 15th, 2006 3:16 PM Author: Yellow racy cuckold international law enforcement agency Yeah, no way anyone will want to work for them in NY anymore unless absolutely necessary.
GDC's been LeBEOUFPWN3D!! |
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Date: February 15th, 2006 3:19 PM Author: Jet medicated fanboi (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095159) |
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Date: February 15th, 2006 3:20 PM Author: Exciting office juggernaut I'm sure they will bump it next year, but this year's associates are screwed. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095168) |
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Date: February 15th, 2006 3:27 PM Author: Chocolate titillating twinkling uncleanness liquid oxygen Thats whats so fucked up about it...they're completely ass fucking their 2006 SA class. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095226) |
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Date: February 15th, 2006 3:28 PM Author: Exciting office juggernaut Exactly. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095242) |
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Date: February 15th, 2006 3:30 PM Author: Chocolate titillating twinkling uncleanness liquid oxygen I hope all future summer associates with Gibson offers do a search on this board and see this thread. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095266) |
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Date: February 15th, 2006 10:12 PM Author: thriller really tough guy multi-billionaire 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. |
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Date: February 15th, 2006 3:22 PM Author: House-broken up-to-no-good sandwich 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. |
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Date: February 15th, 2006 3:26 PM Author: Jet medicated fanboi (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095220) |
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Date: February 15th, 2006 3:27 PM Author: Yellow racy cuckold international law enforcement agency Seems like raising salaries by 5-10K per class really broke their bank. Pathetic. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095228) |
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Date: February 15th, 2006 3:30 PM Author: House-broken up-to-no-good sandwich 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. |
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Date: February 15th, 2006 3:20 PM Author: Chocolate titillating twinkling uncleanness liquid oxygen 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095166) |
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Date: February 15th, 2006 6:10 PM Author: bright pocket flask wrinkle 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096881) |
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Date: February 2nd, 2007 2:34 PM Author: rusted selfie puppy STROOCKPWN3D! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#7531583) |
Date: February 15th, 2006 3:22 PM Author: Sooty floppy hall This is pretty surprising...GDC doesn't (well, didn't) have a reputation for being cheap. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095182) |
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Date: February 15th, 2006 3:22 PM Author: Exciting office juggernaut I only hope other firms don't follow. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5095187) |
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Date: February 15th, 2006 6:11 PM Author: mind-boggling abode It will be interesting to see which way latham goes. Since the other 2 major LA firms split. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096892) |
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Date: February 15th, 2006 6:13 PM Author: rough-skinned incel locale I thought it was the Big 4! Doesn't Paul Hastings count for anything anymore?! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096902) |
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Date: February 15th, 2006 6:14 PM Author: mind-boggling abode PH troll. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096907) |
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Date: February 15th, 2006 6:19 PM Author: rough-skinned incel locale It was a joke. No one cares about PH. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096947) |
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Date: February 15th, 2006 6:34 PM Author: mind-boggling abode I know. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5097078) |
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Date: February 15th, 2006 6:33 PM Author: House-broken up-to-no-good sandwich 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. |
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Date: February 15th, 2006 6:02 PM Author: rough-skinned incel locale Bump if you support equal pay! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096830) |
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Date: February 15th, 2006 6:08 PM Author: House-broken up-to-no-good sandwich Gibson is supporting equal pay, albeit by putting all their associates at the bottom. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096869) |
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Date: February 15th, 2006 6:10 PM Author: rough-skinned incel locale Touche. I meant across all reputable firms, but thanks for pointing out the ambiguitiy. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096879) |
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Date: February 15th, 2006 6:18 PM Author: bright pocket flask wrinkle 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5096939) |
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Date: February 15th, 2006 6:20 PM Author: rough-skinned incel locale Perhaps we could do a Kirkland-Ellis-Ding-Fag-Google-Bomb thing with this. The problem is the thread title just has the word Gibson in it.
http://www.autoadmit.com/thread.php?thread_id=246164&forum_id=2 |
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Date: February 15th, 2006 6:39 PM Author: bright pocket flask wrinkle Nah, I think it would be best if someone just gives it to them. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5097122) |
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Date: February 15th, 2006 6:40 PM Author: rough-skinned incel locale Agreed. Idea withdrawn.
Someone should link this as a reply to the Greedy posting about Gibson. I don't have an account with them, so I can't do it.
What's the Greedy link? |
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Date: February 15th, 2006 9:50 PM Author: House-broken up-to-no-good sandwich 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098882) |
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Date: February 15th, 2006 6:37 PM Author: exhilarant pistol gas station 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. |
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Date: February 15th, 2006 6:38 PM Author: bright pocket flask wrinkle I hope you are kidding. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5097116) |
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Date: February 15th, 2006 6:40 PM Author: exhilarant pistol gas station 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5097127) |
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Date: February 15th, 2006 9:32 PM Author: Chocolate titillating twinkling uncleanness liquid oxygen We're greedy...thats why we went into law in the first place. Get fisted. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098690) |
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Date: February 15th, 2006 9:34 PM Author: exhilarant pistol gas station Get raped. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098709) |
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Date: February 15th, 2006 9:35 PM Author: Chocolate titillating twinkling uncleanness liquid oxygen I would be if I were working at Gibson this summer (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098728) |
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Date: February 15th, 2006 9:41 PM Author: House-broken up-to-no-good sandwich Hah, credited. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098789) |
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Date: February 15th, 2006 9:38 PM Author: mind-boggling abode 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098754) |
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Date: February 15th, 2006 9:39 PM Author: pale at-the-ready stag film 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. |
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Date: February 15th, 2006 9:42 PM Author: mind-boggling abode No real partner would say this. HTH. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098804) |
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Date: February 15th, 2006 9:44 PM Author: pale at-the-ready stag film Anonymity is quite the shield. Would you prefer I blew smoke up your ass? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098833) |
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Date: February 15th, 2006 9:59 PM Author: mind-boggling abode No partner wants to drive away talent. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098961) |
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Date: February 15th, 2006 10:03 PM Author: pale at-the-ready stag film 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 (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5099011) |
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Date: February 16th, 2006 1:08 PM Author: Adventurous theatre macaca Nice. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5103405) |
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Date: February 15th, 2006 9:43 PM Author: House-broken up-to-no-good sandwich I can't wait till you give this speech at the summer associate retreat. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098811) |
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Date: February 15th, 2006 9:46 PM Author: pale at-the-ready stag film Naturally, things will be sugarcoated.
Nonetheless, there is little point to worrying about associates when few, if any, will make partner. We just have to do the song and dance. |
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Date: February 15th, 2006 9:48 PM Author: bistre hell antidepressant drug GDC just announced that they're paying noticeably below market. They won't get the top 40%; they'll get the bottom 5%. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098859) |
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Date: February 15th, 2006 9:48 PM Author: fuchsia contagious friendly grandma therapy Say something funny, this flame isn't entertaining so far. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098861) |
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Date: February 15th, 2006 9:51 PM Author: pale at-the-ready stag film I'm now buying Docker slacks from Kohls instead of raiding the clearance rack at JC Penny for irregular wranglers. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098898) |
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Date: February 15th, 2006 9:35 PM Author: Soul-stirring carmine base becky confirm for SF too. pathetic. should have gone to mofo. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098726) |
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Date: February 15th, 2006 9:36 PM Author: pale at-the-ready stag film We wouldn't want somebody that can't spell "to" (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098738) |
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Date: February 15th, 2006 9:55 PM Author: disturbing area karate Gamma. Where do you go to Law School? Where else did you apply in SF? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098928) |
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Date: April 17th, 2006 10:32 PM Author: Histrionic Parlor if you called mofo tomorrow i'd give a better than 50-50 chance they'd still take you. would also be a nice shot across the bow to gibson. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5601328) |
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Date: February 15th, 2006 9:45 PM Author: self-absorbed native I hope other firms take Cleary and STB's lead...can't have more of this... (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098840) |
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Date: February 15th, 2006 9:50 PM Author: white big-titted potus what would julian poon do? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098885) |
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Date: February 15th, 2006 9:52 PM Author: crystalline trailer park Julian Poon intends to make the summers kneel down in front of him so he can use them at footrests while he ponders deep constitutional issues. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5098902) |
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Date: February 15th, 2006 10:24 PM Author: thriller really tough guy multi-billionaire it's a double "fuck you"--the $2404 really is $2337 approx a week. thanks monthly pay!
http://xoxohth.com/thread.php?thread_id=360876&mc=22&forum_id=2#5099149
http://blog.qiken.org/archives/2005/09/when_2404_is_63.html |
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Date: February 15th, 2006 10:33 PM Author: submissive razzmatazz personal credit line degenerate Is that Fiver's blog? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5099283) |
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Date: February 15th, 2006 10:35 PM Author: thriller really tough guy multi-billionaire assumably-that's what the other thread says. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5099312) |
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Date: February 16th, 2006 1:31 AM Author: spruce house striped hyena 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5100939) |
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Date: February 16th, 2006 1:36 AM Author: Purple kitchen 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5100956) |
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Date: February 16th, 2006 1:44 AM Author: spruce house striped hyena 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101002) |
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Date: March 1st, 2006 3:29 PM Author: lemon garrison 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217769) |
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Date: February 16th, 2006 1:37 AM Author: fuchsia contagious friendly grandma therapy Is this what they'll tell prospective associates during interviews? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5100966) |
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Date: February 16th, 2006 1:40 AM Author: spruce house striped hyena Associates actually have law degrees. HTH. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5100983) |
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Date: February 16th, 2006 1:45 AM Author: bat-shit-crazy slate candlestick maker voyeur 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. |
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Date: February 16th, 2006 1:54 AM Author: Hairraiser sadistic old irish cottage mexican 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? |
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Date: February 16th, 2006 1:56 AM Author: exhilarant pistol gas station "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. |
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Date: February 16th, 2006 1:58 AM Author: Purple kitchen 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101073) |
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Date: February 16th, 2006 1:58 AM Author: exhilarant pistol gas station 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. |
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Date: February 16th, 2006 2:00 AM Author: fuchsia contagious friendly grandma therapy Correct. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101084) |
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Date: February 16th, 2006 2:07 AM Author: Hairraiser sadistic old irish cottage mexican 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. |
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Date: February 16th, 2006 2:11 AM Author: exhilarant pistol gas station 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101141) |
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Date: February 16th, 2006 2:12 AM Author: fuchsia contagious friendly grandma therapy 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101151) |
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Date: February 16th, 2006 2:16 AM Author: exhilarant pistol gas station Its not absurd, I think most of the people saying settle down or things of that nature think the Gibson people here are being whiny bitches. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101164) |
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Date: February 16th, 2006 2:16 AM Author: House-broken up-to-no-good sandwich 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101165) |
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Date: February 16th, 2006 2:18 AM Author: exhilarant pistol gas station Well their yield on summer offers will tell if they were impacted by this 400 a week loss. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101177) |
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Date: February 16th, 2006 2:21 AM Author: fuchsia contagious friendly grandma therapy 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101201) |
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Date: February 16th, 2006 2:03 AM Author: Hairraiser sadistic old irish cottage mexican 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. |
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Date: February 16th, 2006 2:06 AM Author: exhilarant pistol gas station 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. |
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Date: February 16th, 2006 2:11 AM Author: Hairraiser sadistic old irish cottage mexican 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. |
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Date: February 16th, 2006 2:14 AM Author: exhilarant pistol gas station 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101157) |
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Date: February 16th, 2006 2:20 AM Author: Hairraiser sadistic old irish cottage mexican 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. |
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Date: February 16th, 2006 2:21 AM Author: exhilarant pistol gas station 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.
This sums up my current feelings as well. |
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Date: February 16th, 2006 2:23 AM Author: Hairraiser sadistic old irish cottage mexican wow, maybe i should go to sleep. apparently i never learned 6th grade grammar. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101214) |
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Date: February 16th, 2006 2:24 AM Author: exhilarant pistol gas station Haha, you did have quite a few "interesting" mistakes in that post, but thought it lame to point them out. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101219) |
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Date: February 16th, 2006 2:13 AM Author: House-broken up-to-no-good sandwich List of Gibson NY summers is in the summer class thread. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101152) |
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Date: February 16th, 2006 1:57 AM Author: spruce house striped hyena 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101072) |
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Date: February 16th, 2006 2:01 AM Author: fuchsia contagious friendly grandma therapy Well, sir, that's quite a point you've got there. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101091) |
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Date: February 16th, 2006 2:08 AM Author: spruce house striped hyena Thx. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101126) |
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Date: February 16th, 2006 2:11 AM Author: House-broken up-to-no-good sandwich 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..."? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101146) |
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Date: February 16th, 2006 2:18 AM Author: Hairraiser sadistic old irish cottage mexican 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. |
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Date: February 16th, 2006 2:19 AM Author: exhilarant pistol gas station "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. |
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Date: February 16th, 2006 2:21 AM Author: Hairraiser sadistic old irish cottage mexican fair enough. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5101202) |
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Date: February 16th, 2006 2:26 AM Author: Hairraiser sadistic old irish cottage mexican 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.... |
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Date: February 16th, 2006 2:25 AM Author: House-broken up-to-no-good sandwich 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. |
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Date: February 16th, 2006 2:30 AM Author: Hairraiser sadistic old irish cottage mexican 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. |
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Date: February 16th, 2006 2:34 AM Author: House-broken up-to-no-good sandwich 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. |
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Date: February 16th, 2006 12:57 PM Author: House-broken up-to-no-good sandwich Have you hugged a Gibson summer today? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5103352) |
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Date: February 16th, 2006 1:11 PM Author: mind-boggling abode HAHA, I think I'll seek one out ;-). (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5103420) |
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Date: February 16th, 2006 7:13 PM Author: House-broken up-to-no-good sandwich Look for the people holding an O'Melveny brochure and crying. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5106833) |
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Date: February 16th, 2006 10:02 PM Author: thriller really tough guy multi-billionaire or for the disgruntled 3Ls standing outside the o'melveny room at fall 06 OCI (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5108220) |
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Date: February 16th, 2006 10:03 PM Author: red 180 feces This is classic xoxo. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5108230) |
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Date: February 17th, 2006 12:49 PM Author: Exciting office juggernaut This is by far my most successful thread. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5112759) |
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Date: February 17th, 2006 11:46 AM Author: Excitant Church Codepig Are there any other firms besides Gibson that announced a 1st year associate jump but kept summer salaries frozen? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5112128) |
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Date: February 17th, 2006 12:13 PM Author: peach narrow-minded masturbator #5 on a google search of "gibson summer associates' Let's get to work, people. Gibson Dunn Crutcher fuck you Gibson Summer Associates Gibson Summer fuck you Gibson fuck you |
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Date: February 17th, 2006 12:40 PM Author: thriller really tough guy multi-billionaire 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5112703) |
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Date: March 1st, 2006 5:21 PM Author: Brindle people who are hurt toilet seat QUINNSKADDENLEBOEUFMILIBANKSIMPSONSULLIVANDEWEYPWN3D!!!!!!! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5219016) |
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Date: February 17th, 2006 12:54 PM Author: Exciting office juggernaut Someone should annonymously send a link to this thread to their recruiting director. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5112798) |
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Date: February 17th, 2006 12:59 PM Author: peach narrow-minded masturbator We should ALL do so. Post her email address. And better yet, the hiring partner's. |
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Date: February 17th, 2006 1:02 PM Author: Exciting office juggernaut http://www.gibsondunn.com/recruiting/contacts
Leslie Ripley Director, Legal Recruiting and Diversity Gibson, Dunn & Crutcher LLP 333 South Grand Avenue Los Angeles, CA 90071-3197 lripley@gibsondunn.com
Stefani Berkenfeld New York Recruiting Coordinator Gibson, Dunn & Crutcher LLP 200 Park Avenue New York, NY 10166-0193 sberkenfeld@gibsondunn.com
Alexandra Mai D.C. Recruiting Coordinator Gibson, Dunn & Crutcher LLP 1050 Connecticut Avenue, N.W. Washington, D.C. 20036-5306 amai@gibsondunn.com
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Date: February 17th, 2006 1:08 PM Author: peach narrow-minded masturbator Chairman of the Hiring Committee: Kevin Rosen krosen@gibsondunn.com |
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Date: February 17th, 2006 1:09 PM Author: Exciting office juggernaut Beautiful! Post this in my new thread (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5112931) |
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Date: February 17th, 2006 11:03 PM Author: silver vigorous patrolman It truly is disheartening that a California firm is now second tier in California.
http://www.infirmation.com/bboard/clubs-fetch-msg.tcl?msg_id=002xCL |
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Date: February 22nd, 2006 1:08 PM Author: House-broken up-to-no-good sandwich Hey Gibson summers, how does it feel to be screwed by not just O'Melveny, but Paul Hastings also? http://www.xoxohth.com/thread.php?thread_id=357285&mc=217&forum_id=2#5049094 Hope you enjoy your prestige as much as they'll enjoy their money! |
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Date: March 1st, 2006 2:43 PM Author: Exciting office juggernaut Lest we forget our fallen brothers. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217299) |
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Date: March 1st, 2006 2:48 PM Author: lake flatulent pit giraffe 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. |
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Date: March 1st, 2006 2:56 PM Author: Exciting office juggernaut You are an idiot:
Did you miss this "Gibson Dunn Screws Its Summer Associate" thread on the DC Greedy Board?
http://www.infirmation.com/bboard/clubs-view-all.tcl?topic=Greedy%20DC |
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Date: March 1st, 2006 3:04 PM Author: lake flatulent pit giraffe 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. |
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Date: March 1st, 2006 3:08 PM Author: Exciting office juggernaut I don't work at GDC.
You lose.
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Date: March 1st, 2006 3:11 PM Author: lake flatulent pit giraffe No, it sounds like Gibson loses. The partners would get a kick out of breaking down someone w/ your level of self-importance. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217603) |
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Date: March 1st, 2006 3:14 PM Author: Exciting office juggernaut 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217629) |
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Date: March 1st, 2006 3:23 PM Author: lake flatulent pit giraffe And in doing so you are not doing any favor to the Gibson summers.
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Date: March 1st, 2006 3:25 PM Author: Exciting office juggernaut who cares? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217732) |
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Date: March 1st, 2006 3:26 PM Author: lake flatulent pit giraffe 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? |
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Date: March 1st, 2006 3:27 PM Author: Exciting office juggernaut It was big news for SAs. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217753) |
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Date: March 1st, 2006 3:33 PM Author: lake flatulent pit giraffe 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217816) |
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Date: March 1st, 2006 3:11 PM Author: Frozen Vivacious Elastic Band dunker is right. your post made it sound like she should have posted there. you didn't say that she shouldn't have posted there and here.
DUNKERPWNED!!!! |
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Date: March 1st, 2006 3:12 PM Author: Frozen Vivacious Elastic Band TITCR, if I do say so myself. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217612) |
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Date: March 1st, 2006 3:16 PM Author: Exciting office juggernaut lol! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217645) |
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Date: March 1st, 2006 3:13 PM Author: lake flatulent pit giraffe 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217626) |
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Date: March 1st, 2006 3:15 PM Author: Frozen Vivacious Elastic Band How do you know that the OP works at GDC? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217634) |
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Date: March 1st, 2006 3:16 PM Author: Exciting office juggernaut I don't. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217649) |
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Date: March 1st, 2006 3:22 PM Author: lake flatulent pit giraffe I assumed that a person w/ enough interest to post about a single firms summer pay had a vested interest in the firm.
However, to amend my earlier statement, the OP is not doing a favore for the Gibson summers. Everything else still applies. |
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Date: March 1st, 2006 3:51 PM Author: Chocolate titillating twinkling uncleanness liquid oxygen I think you're overstating the extent to which partners care about what associates think. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5218004) |
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Date: March 1st, 2006 3:57 PM Author: lake flatulent pit giraffe 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. |
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Date: April 17th, 2006 11:45 PM Author: Spectacular avocado crackhouse 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?
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Date: March 1st, 2006 3:57 PM Author: galvanic marketing idea "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.
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Date: March 1st, 2006 4:02 PM Author: lake flatulent pit giraffe 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. |
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Date: March 1st, 2006 4:15 PM Author: translucent internet-worthy center "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. |
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Date: March 1st, 2006 4:19 PM Author: galvanic marketing idea Yeah, an easy "ad hominem" is "serious pwnage." Sad times have befallen XOXO... (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5218301) |
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Date: March 1st, 2006 4:18 PM Author: galvanic marketing idea 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. |
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Date: March 1st, 2006 4:29 PM Author: lake flatulent pit giraffe 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. |
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Date: March 1st, 2006 4:53 PM Author: galvanic marketing idea 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. |
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Date: March 1st, 2006 4:59 PM Author: lake flatulent pit giraffe 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. |
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Date: March 1st, 2006 5:20 PM Author: galvanic marketing idea "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.
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Date: March 1st, 2006 5:51 PM Author: lake flatulent pit giraffe 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5219251) |
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Date: March 1st, 2006 3:28 PM Author: Razzle Elite Stage Half-breed This is classic XO! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5217764) |
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Date: April 17th, 2006 8:27 PM Author: Jet medicated fanboi (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600657) |
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Date: April 17th, 2006 8:49 PM Author: alcoholic vibrant shitlib What confirmation would that be? What are the details? $2800 in NYC and $2600 in LA? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600765) |
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Date: April 17th, 2006 9:02 PM Author: Jet medicated fanboi (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600808) |
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Date: April 17th, 2006 9:07 PM Author: House-broken up-to-no-good sandwich Does the email say $2800/wk exactly? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600827) |
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Date: April 17th, 2006 9:09 PM Author: Jet medicated fanboi (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600837) |
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Date: April 17th, 2006 9:11 PM Author: mind-boggling abode Congrats, something to drink to at that expensive tasting tomorrow. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600846) |
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Date: April 17th, 2006 9:25 PM Author: fuchsia contagious friendly grandma therapy i wonder if this is related to the message board postings. congrats on more money! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600910) |
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Date: April 17th, 2006 9:32 PM Author: House-broken up-to-no-good sandwich Nice! Made the change to the salary thread. I'm definitely crediting the board with this one, heh. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600939) |
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Date: April 17th, 2006 9:40 PM Author: alcoholic vibrant shitlib We need to stay strong until Gibson bumps the non-NYC offices!
POSTERS OF THE WORLD UNITE! |
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Date: April 17th, 2006 9:43 PM Author: Blathering Provocative State Isn't Gibson big on the whole "one firm" thing? Hopefully you have nothing to worry about. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600993) |
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Date: April 17th, 2006 9:49 PM Author: House-broken up-to-no-good sandwich 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" http://infirmation.com/bboard/clubs-fetch-msg.tcl?msg_id=002xLs |
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Date: April 17th, 2006 9:53 PM Author: alcoholic vibrant shitlib They really pushed the "one firm" stuff when I interviewed. I guess we'll see now if they put their money where their mouth is. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5601071) |
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Date: April 17th, 2006 9:42 PM Author: bright pocket flask wrinkle Nice. But they should still pay for this. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600986) |
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Date: April 17th, 2006 9:43 PM Author: Odious filthpig cruise ship 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? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5600997) |
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Date: April 17th, 2006 9:52 PM Author: alcoholic vibrant shitlib 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. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5601064) |
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Date: April 18th, 2006 10:57 PM Author: Exciting office juggernaut bump! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5607723) |
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Date: April 18th, 2006 11:02 PM Author: House-broken up-to-no-good sandwich Never forget, never surrender! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5607754) |
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Date: April 18th, 2006 11:15 PM Author: Exciting office juggernaut I like to think that my thread (either this one or the one on GA) had a little something to do with the pay bump. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5607853) |
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Date: April 18th, 2006 11:21 PM Author: House-broken up-to-no-good sandwich All the Gibson summers should be thanking you. They were probably too timid to bring this up themselves. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#5607891) |
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Date: September 9th, 2006 8:15 PM Author: Exciting office juggernaut For the current 2Ls...
Never forget. |
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Date: February 2nd, 2007 2:06 PM Author: rusted selfie puppy GDC to LA Associates: Double Fuck You!! Incoming 1st years, take your IPods and shut the fuck up! |
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Date: February 2nd, 2007 2:46 PM Author: rusted selfie puppy Why does GDC give its employees a big FUCK YOU each February? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#7531686) |
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Date: February 2nd, 2007 3:45 PM Author: boyish federal knife it's black history month? (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#7532070) |
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Date: February 2nd, 2007 3:47 PM Author: House-broken up-to-no-good sandwich Ah yes, a fitting celebration of the sharecropper tradition. (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#7532084) |
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Date: February 2nd, 2007 3:47 PM Author: rusted selfie puppy I think you may be on to something! (http://www.autoadmit.com/thread.php?thread_id=361038&forum_id=2#7532087) |