Milbank announces
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Arousing Corner | 11/29/06 | | galvanic french affirmative action | 11/29/06 | | burgundy out-of-control hominid | 12/04/07 | | Disturbing purple resort | 12/04/07 | | Ruddy brunch | 11/29/06 | | histrionic location | 11/29/06 | | galvanic french affirmative action | 11/29/06 | | Olive Passionate Stead | 11/29/06 | | Laughsome Karate | 11/29/06 | | Ruddy brunch | 11/29/06 | | galvanic french affirmative action | 11/29/06 | | beady-eyed gold twinkling uncleanness space | 11/29/06 | | Jet-lagged new version | 11/29/06 | | Ruddy brunch | 11/29/06 | | Jet-lagged new version | 11/29/06 | | Ruddy brunch | 11/29/06 | | misunderstood lavender trailer park | 11/29/06 | | bearded boistinker | 11/29/06 | | histrionic location | 11/29/06 | | Rose Arousing Corner | 11/29/06 | | misunderstood lavender trailer park | 11/29/06 | | fighting meetinghouse degenerate | 11/29/06 | | galvanic french affirmative action | 11/29/06 | | beady-eyed gold twinkling uncleanness space | 11/29/06 | | fighting meetinghouse degenerate | 11/29/06 | | histrionic location | 11/29/06 | | galvanic french affirmative action | 11/29/06 | | histrionic location | 11/29/06 | | fighting meetinghouse degenerate | 11/29/06 | | galvanic french affirmative action | 11/29/06 | | beady-eyed gold twinkling uncleanness space | 11/29/06 | | misunderstood lavender trailer park | 11/29/06 | | self-centered hairraiser parlour travel guidebook | 11/29/06 | | beady-eyed gold twinkling uncleanness space | 11/29/06 | | Ruddy brunch | 11/29/06 | | galvanic french affirmative action | 11/29/06 | | Rose Arousing Corner | 11/29/06 | | histrionic location | 11/29/06 | | Rose Arousing Corner | 11/29/06 | | galvanic french affirmative action | 11/29/06 | | fishy toilet seat range | 11/29/06 | | deep business firm | 11/29/06 | | Lemon cheese-eating hall | 11/29/06 | | fishy toilet seat range | 11/29/06 | | deep business firm | 11/29/06 | | cobalt cruise ship roommate | 11/29/06 | | fishy toilet seat range | 11/29/06 | | Rose 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11/29/06 | | fishy toilet seat range | 11/29/06 | | Ruddy brunch | 11/29/06 | | Rose Arousing Corner | 11/29/06 | | Ruddy brunch | 11/29/06 | | Rose Arousing Corner | 11/29/06 | | Bossy chartreuse church building | 11/29/06 | | Ruddy brunch | 11/29/06 | | Walnut aggressive base | 11/29/06 | | Ruddy brunch | 11/29/06 | | Walnut aggressive base | 11/29/06 | | misunderstood lavender trailer park | 11/29/06 | | Rose Arousing Corner | 11/30/06 | | ocher stag film | 11/30/06 | | Rose Arousing Corner | 11/30/06 | | ocher stag film | 11/30/06 | | Rose Arousing Corner | 11/30/06 | | ocher stag film | 11/30/06 | | carnelian soul-stirring old irish cottage kitchen | 04/05/07 | | startled prole | 12/04/07 |
Poast new message in this thread
Date: November 29th, 2006 5:34 PM Author: motley candlestick maker codepig
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7095984) |
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Date: November 29th, 2006 5:46 PM Author: Jet-lagged new version
Bah, hopefully someone ups them.
Thankfully, Milbank isn't exactly known as a compensation leader, so there's a chance that could happen.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096085) |
Date: November 29th, 2006 5:44 PM Author: Olive Passionate Stead
OUCH!
Man, what's it like to make only like 15k more than people working in secondary markets like cleveland and milwaukee where people work like 1 saturday a month?
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096066) |
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Date: November 29th, 2006 5:50 PM Author: Olive Passionate Stead
yea--although new york has always been behind these markets in real compensation it looks like the gap in nominal compensation is narrowly significantly as well.
the recent round of pay raises brought lots of firms in secondary markets up to 125K from 100-115k and to 135K in others.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096123) |
Date: November 29th, 2006 5:46 PM Author: bearded boistinker
what's their PPP?
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096081) |
Date: November 29th, 2006 5:48 PM Author: comical heaven jew
So total comp is up $10K. This monstrous growth in Revenue/lawyer and no increase in associate comp? Bummer
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096095) |
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Date: November 29th, 2006 5:49 PM Author: Rose Arousing Corner
Here's the increase in total comp from last year (assuming a $20k increase for all classes, not sure if this is true):
1st year: Same
2nd - 5th: $5k
6th and higher: $10k
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096111) |
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Date: November 29th, 2006 6:08 PM Author: histrionic location
"When someone earns $700,000 in revenue for the firm"
not at all. you merely transform the work that the partners bring in into money. and the market has decided that bringing the work in counts for a lot more than trudging through it.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096274) |
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Date: November 29th, 2006 9:00 PM Author: Olive Passionate Stead
blah blah blah the market blah blah. we are perfectly aware of the market conditions that dictate associate salaries--that doesn't make them fair.
nor does it mean that people shouldnt be disappointed and complain. This was a great year for many firms, so there's no reason associates shouldn't complain about partners not sticking to their "revenue sharing" propaganda.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7097487) |
Date: November 29th, 2006 5:51 PM Author: bearded boistinker
this is very very gay. i hope associates leave in enough numbers to do some hurtin to these cheap loserish partners
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096137) |
Date: November 29th, 2006 5:52 PM Author: Bateful skinny woman home
Why is everyone assuming this is real?
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096152) |
Date: November 29th, 2006 5:55 PM Author: Ivory fragrant pervert
this is ridiculous flame. you guys are idiots
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096185) |
Date: November 29th, 2006 5:57 PM Author: motley candlestick maker codepig
other milbank people -- are you guys going to complain at all? I want to but I'd feel like an ass saying that a 5k bump from last year is bullshit on a 20k base salary raise.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096206) |
Date: November 29th, 2006 6:00 PM Author: galvanic french affirmative action
If this is real, I wonder if other firms will follow.
If not, I wonder if Milbank will be forced to provide a second bonus in order to keep up.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096229) |
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Date: November 29th, 2006 6:27 PM Author: Rose Arousing Corner
Ok, you didn't have to say they were actually from Milbank, but all the better.
Milbank paralegal running from office to office: Well done.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096404) |
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Date: November 29th, 2006 6:30 PM Author: galvanic french affirmative action
Well they claim to be Milbank associates, so I figured there'd be no harm in saying that the IPs are from Milbank. Wouldn't have done that otherwise.
Speaking of IPs, it seems like virtually every firm in the Vault Top 50 is represented in the IP logs for this thread right now.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096421) |
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Date: November 29th, 2006 6:33 PM Author: galvanic french affirmative action
Yeah I noticed.
If it is fake, it was a good job. Definitely fooled me.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096444) |
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Date: December 4th, 2007 8:32 PM Author: Disturbing purple resort
Date: November 29th, 2006 6:30 PM
Author: Great Teacher Onizuka
Well they claim to be Milbank associates, so I figured there'd be no harm in saying that the IPs are from Milbank. Wouldn't have done that otherwise.
Speaking of IPs, it seems like virtually every firm in the Vault Top 50 is represented in the IP logs for this thread right now.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#8978423)
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Date: November 29th, 2006 6:04 PM Author: Olive Passionate Stead
if this is real, maybe milbank is trying to signal other firms to keep the bonus numbers down
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096248) |
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Date: November 29th, 2006 6:19 PM Author: Jet-lagged new version
It won't have the same sort of fallout. Someone has to announce bonuses first.
I'm guessing a few other firms will copy Milbank and then someone will up them.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096348) |
Date: November 29th, 2006 6:09 PM Author: Ruddy brunch
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096281) |
Date: November 29th, 2006 6:14 PM Author: misunderstood lavender trailer park
This thread needs a better title. Perhaps something along the lines of "Milbank to 1st Years: NO FUCKING RAISE FOR YOU!"
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096313) |
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Date: November 29th, 2006 6:21 PM Author: histrionic location
titcr.
"Milbank hates its associates"
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096363) |
Date: November 29th, 2006 6:19 PM Author: fighting meetinghouse degenerate
motherfucking cheap goddamn bastards.
fuck this shit, where are the headhunters?
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096350) |
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Date: November 29th, 2006 6:38 PM Author: histrionic location
not so clear on the whole competition thing?
wait till the dust settles
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096479) |
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Date: November 29th, 2006 6:29 PM Author: fighting meetinghouse degenerate
I am screaming at my friend at simpson telling him to keep the shit in line.
my firm would love to follow milbanks example I am sure.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096419) |
Date: November 29th, 2006 6:32 PM Author: galvanic french affirmative action
Someone on Greedy is claiming this is fake.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096438) |
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Date: November 29th, 2006 6:45 PM Author: galvanic french affirmative action
Guess we won't know for a while.
If it was fake though, it's the best fake attempt ever. Posts were made by distinct Milbank IPs.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096529) |
Date: November 29th, 2006 6:46 PM Author: Lemon cheese-eating hall
They would almsot be better off dropping the lockstep.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096539) |
Date: November 29th, 2006 6:46 PM Author: deep business firm
just spoke to a milbank 1st year, has not heard about nor seen this memo in any form
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096540) |
Date: November 29th, 2006 6:48 PM Author: cobalt cruise ship roommate
Guys in my high school got 15k bonuses all the time, it was no big deal.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096555) |
Date: November 29th, 2006 6:56 PM Author: fishy toilet seat range Subject: FAKE (here's proof)
I think this is fake. It's just a copy and paste job from this February post:
http://www.xoxohth.com/thread.php?thread_id=355988&forum_id=2&PHPSESSID=70000f85c7d0e8985c48df01bee91a5b#5032556
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=535893&forum_id=2#7096615)
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Date: November 29th, 2006 7:03 PM Author: fishy toilet seat range
If it's real, it's real. Fine.
But no guarantee that it being posted here makes it true. Take a look at this:
MEMORANDUM TO ASSOCIATES - CLASSES 2005-1998 AND SPECIALS
Re: 2006 Bonuses
We are pleased to announce class bonuses as listed below:
Class of 2005 - $25,000
Class of 2004 - $35,000
Class of 2003 - $40,000
Class of 2002 - $45,000
Class of 2001 - $50,000
Class of 2000 - $60,000
Class of 1999 - $65,000
Class of 1998 - $70,000
We sincerely appreciate all your contributions and look forward to another great year.
THE EXECUTIVE COMMITTEE
November 29, 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=535893&forum_id=2#7096654)
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Date: November 29th, 2006 7:01 PM Author: Walnut aggressive base
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096644) |
Date: November 29th, 2006 7:13 PM Author: primrose center toaster
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096718) |
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Date: November 29th, 2006 7:20 PM Author: insane doctorate national
Not fake. I was just putting off calling them . Now I'm glad I did.
You can check other threads where I talk about them being one of my final choices
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096785) |
Date: November 29th, 2006 7:25 PM Author: Ruddy brunch
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096821) |
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Date: November 29th, 2006 7:29 PM Author: fishy toilet seat range
What made you think to do this? How did you remember the February thread?
I'm impressed. Only way I found the old thread was by doing a google search for [name of the recruiter] milbank and the February thread popped up. I was trying to see if this person was actually the recruiter.
I only wish you had waited a bit longer to post the truth so there would be more outrage.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096846) |
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Date: November 29th, 2006 7:33 PM Author: Rose Arousing Corner
That is actually hilarious.
This reminds me of several pranks I wanted to pull as a summer that were somewhat in the same vein, none of which (sadly) came to fruition.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096866) |
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Date: November 29th, 2006 7:39 PM Author: misunderstood lavender trailer park
If this is fake, you are a good poster. If it's not fake and you are just taking credit for it being a hoax, you are a great poster.
Either way, my hat is off to you, good sir.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096909) |
Date: November 30th, 2006 1:51 AM Author: Rose Arousing Corner
So many deletes. It's sad when these great moments don't get properly preserved.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7099988) |
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Date: November 30th, 2006 1:57 AM Author: Rose Arousing Corner
No way. When it got posted, I actually called a friend who's at a top NY firm and was basically like "omg Milbank announced check the board." Then I had to call back a few hours later and retract it.
I think he was just annoyed at my wasting cell phone minutes or something.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7100048) |
Date: April 5th, 2007 8:50 PM Author: carnelian soul-stirring old irish cottage kitchen
never forget.
(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7881064) |
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