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Milbank matches S&C

MEMORANDUM TO ASSOCIATES - CLASSES 2005-1998 AND SPECIALS ...
Beta locus masturbator
  02/08/06
and I scoffed at their offer... damn.
Cyan Effete Plaza Lettuce
  02/08/06
*snorts*
Motley circlehead
  02/08/06
You deserve better than them.
Beta locus masturbator
  02/08/06
I deserve a kick in the balls and a lifetime of loneliness, ...
Cyan Effete Plaza Lettuce
  02/08/06
If Milbank thinks it needs to move with the market, I think ...
Beta locus masturbator
  02/08/06
I think solidifies that its not just a V10 move now.
Fighting crackhouse wrinkle
  02/08/06
Yes.
Beta locus masturbator
  02/08/06
It is never a V10 move. All the other major NY firms follow...
exhilarant sex offender set
  02/08/06
I'm just saying, it confirmed that...and I think some people...
Fighting crackhouse wrinkle
  02/08/06
OK. I edited out "dummy."
exhilarant sex offender set
  02/08/06
No offense was taken =) I want someone to announce to summe...
Fighting crackhouse wrinkle
  02/08/06
Hehe. Me too.
exhilarant sex offender set
  02/08/06
Despite this board's obsession with vault rankings, compensa...
Mischievous Mewling Field Ceo
  02/08/06
K&E has unofficially matched as well...all offices is th...
Fighting crackhouse wrinkle
  02/08/06
K&E's pretty big in LA. Here's hoping, anyway.
boyish bonkers telephone people who are hurt
  02/08/06
I wonder if Cali is going to stay at $135 if NYC and Chicago...
Fighting crackhouse wrinkle
  02/08/06


Poast new message in this thread





Date: February 8th, 2006 8:27 PM
Author: Beta locus masturbator

MEMORANDUM TO ASSOCIATES - CLASSES 2005-1998 AND SPECIALS

Re: 2006 Salaries

We are pleased to announce salary adjustments as listed below:

Class of 2005 - $145,000

Class of 2004 - $155,000

Class of 2003 - $170,000

Class of 2002 - $190,000

Class of 2001 - $210,000

Class of 2000 - $225,000

Class of 1999 - $240,000

Class of 1998 - $255,000

These increases are retroactive to January 1, 2006 and will be reflected in February 28 paychecks for those who are in good standing and with us on that date.

2006 salary increases for Specials will be determined on an individual basis this quarter as usual.

We appreciate all your contributions and look forward to another great year.

By the way, we are disappointed to announce that Earl (The Goat) Manigoat will not be joining us.

THE EXECUTIVE COMMITTEE

February 8, 2006

Milbank

Christine Wagner

Director of Legal Personnel

1 Chase Manhattan Plaza

New York, NY 10005

T: (212) 530-5112 F: (212) 822-5112

cwagner@milbank.com

www.milbank.com



(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032556)





Date: February 8th, 2006 8:28 PM
Author: Cyan Effete Plaza Lettuce

and I scoffed at their offer... damn.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032576)





Date: February 8th, 2006 8:29 PM
Author: Motley circlehead

*snorts*

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032587)





Date: February 8th, 2006 8:29 PM
Author: Beta locus masturbator

You deserve better than them.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032590)





Date: February 8th, 2006 8:32 PM
Author: Cyan Effete Plaza Lettuce

I deserve a kick in the balls and a lifetime of loneliness, but maybe thats better than V-40 milbank.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032618)





Date: February 8th, 2006 8:34 PM
Author: Beta locus masturbator

If Milbank thinks it needs to move with the market, I think we're going to see a ton of matching.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032638)





Date: February 8th, 2006 8:35 PM
Author: Fighting crackhouse wrinkle

I think solidifies that its not just a V10 move now.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032654)





Date: February 8th, 2006 8:37 PM
Author: Beta locus masturbator

Yes.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032675)





Date: February 8th, 2006 8:37 PM
Author: exhilarant sex offender set

It is never a V10 move. All the other major NY firms follow. They always have in recent memory. Nobody ever considered that this might be confined to the V10.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032676)





Date: February 8th, 2006 8:38 PM
Author: Fighting crackhouse wrinkle

I'm just saying, it confirmed that...and I think some people did think that it might just be a V10ish move but that compensation would remain the same (ala Skadden)

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032687)





Date: February 8th, 2006 8:39 PM
Author: exhilarant sex offender set

OK. I edited out "dummy."

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032699)





Date: February 8th, 2006 8:40 PM
Author: Fighting crackhouse wrinkle

No offense was taken =) I want someone to announce to summers that the pay is now upped to $2800/wk

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032704)





Date: February 8th, 2006 8:40 PM
Author: exhilarant sex offender set

Hehe. Me too.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032710)





Date: February 8th, 2006 8:44 PM
Author: Mischievous Mewling Field Ceo

Despite this board's obsession with vault rankings, compensation does not correspond thereto. There are plenty V10 firms that screw associates in compensation (Skadden, Weil) and there are non-V10 firms that always pay lockstep market bonuses. The moral is that those of you who are too TTT to get offers at the top ranked AND top paying firms, should take a close look at a firms compensation history before choosing a inferior V10 firm over a market paying lower ranked firm.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5032750)





Date: February 8th, 2006 9:35 PM
Author: Fighting crackhouse wrinkle

K&E has unofficially matched as well...all offices is the rumor.

http://www.infirmation.com/bboard/clubs-fetch-msg.tcl?msg_id=002wmI

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5033314)





Date: February 8th, 2006 9:36 PM
Author: boyish bonkers telephone people who are hurt

K&E's pretty big in LA. Here's hoping, anyway.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5033327)





Date: February 8th, 2006 9:38 PM
Author: Fighting crackhouse wrinkle

I wonder if Cali is going to stay at $135 if NYC and Chicago go 145.

(http://www.autoadmit.com/thread.php?thread_id=355988&forum_id=2#5033350)