Date: November 29th, 2006 5:34 PM
Author: Peyton4MVP



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7095984)

Date: November 29th, 2006 5:39 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096019)

Date: November 29th, 2006 5:39 PM
Author: Hazelrah

With the $20k raise, it's the same comp as last year, right? Not that I'm defending them.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096023)

Date: November 29th, 2006 5:41 PM
Author: Fuck Law School (DISCLAIMER: SexualChocolate is neither sexual nor chocolate)

looks like $5k more

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096038)

Date: November 29th, 2006 5:42 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096044)

Date: November 29th, 2006 5:44 PM
Author: Hazelrah

Okay right it's the same for first years and a little higher for other classes.

http://www.infirmation.com/bboard/clubs-fetch-msg.tcl?msg_id=0034dm

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096068)

Date: November 29th, 2006 5:47 PM
Author: Fuck Law School (DISCLAIMER: SexualChocolate is neither sexual nor chocolate)

last year bonus was $35K? what bullshit.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096086)

Date: November 29th, 2006 5:44 PM
Author: Peyton4MVP



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096071)

Date: November 29th, 2006 5:46 PM
Author: Wasabi

How is this going to affect morale at the firm?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096080)

Date: November 29th, 2006 5:47 PM
Author: Peyton4MVP



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096089)

Date: November 29th, 2006 5:48 PM
Author: Wasabi

Are people going to leave? What are the options like coming out of Milbank for finance people?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096103)

Date: November 29th, 2006 5:51 PM
Author: Noob Saibot

coming out of any of these firms you have plenty of options. People will definitely leave over this, especially if other firms set a higher bonus scheme

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096141)

Date: November 29th, 2006 5:52 PM
Author: Wasabi

What type of options? QOL? Pay? Give me an idea.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096153)

Date: November 29th, 2006 5:54 PM
Author: Noob Saibot

options depend on the group and the firm. typically they include moving to an in house counsel position or lateralling to another firm

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096176)

Date: November 29th, 2006 5:55 PM
Author: Wasabi

Which groups at Milbank are strongest for corporate?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096187)

Date: November 29th, 2006 5:56 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096196)

Date: November 29th, 2006 5:57 PM
Author: Wasabi

Are the exit options for project finance good? Where would people go? Which other corporate groups are good?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096201)

Date: November 29th, 2006 6:08 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096270)

Date: November 29th, 2006 5:51 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096142)

Date: November 29th, 2006 5:52 PM
Author: Wasabi

Explain.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096158)

Date: November 29th, 2006 5:39 PM
Author: DUNSON

PWN3D

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096027)

Date: November 29th, 2006 5:41 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096037)

Date: November 29th, 2006 5:45 PM
Author: Peyton4MVP



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096077)

Date: November 29th, 2006 5:43 PM
Author: Wasabi

I am going there this summer. This is bad news.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096061)

Date: November 29th, 2006 5:46 PM
Author: Rowan

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 5:48 PM
Author: Peyton4MVP



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096099)

Date: November 29th, 2006 5:49 PM
Author: Wasabi

Clearly.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096115)

Date: November 29th, 2006 5:52 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096156)

Date: November 29th, 2006 6:25 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096391)

Date: November 29th, 2006 5:44 PM
Author: Noob Saibot

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)

Date: November 29th, 2006 5:45 PM
Author: Hazelrah

Or Texas for that matter, where they're not even paying state income tax.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096073)

Date: November 29th, 2006 5:50 PM
Author: Noob Saibot

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: Leopold Stotch

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: Wasabi

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)

Date: November 29th, 2006 5:49 PM
Author: Hazelrah

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)

Date: November 29th, 2006 5:50 PM
Author: DUNSON

Well, they still make a buttload of money.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096125)

Date: November 29th, 2006 5:51 PM
Author: Hazelrah

http://www.xoxohth.com/thread.php?thread_id=258262&mc=73&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096140)

Date: November 29th, 2006 5:58 PM
Author: DUNSON

Different job. PE firms make money with money. Law firms make money by working for firms that make money with money.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096207)

Date: November 29th, 2006 5:57 PM
Author: Noob Saibot

it's not enough. Compensation is relative after the first 20k or so. If you aren't being paid what you think you are worth then you will be unhappy. When someone earns $700,000 in revenue for the firm and recieves 175k in compensation they get pissed.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096204)

Date: November 29th, 2006 5:59 PM
Author: DUNSON

They should get over it. There is no need to be pissed about 175k.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096221)

Date: November 29th, 2006 6:02 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096236)

Date: November 29th, 2006 6:02 PM
Author: Noob Saibot

that is ridiculous.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096237)

Date: November 29th, 2006 6:05 PM
Author: Wasabi

TITCR

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096250)

Date: November 29th, 2006 6:08 PM
Author: loafer

"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)

Date: November 29th, 2006 9:00 PM
Author: Noob Saibot

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 5:50 PM
Author: Wasabi

This is of course indicative of the type of treatment one can expect to receive at these places, so I might as well get used to it.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096135)

Date: November 29th, 2006 5:54 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096177)

Date: November 29th, 2006 5:51 PM
Author: Leopold Stotch

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: Extreme Fajitas

Why is everyone assuming this is real?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096152)

Date: November 29th, 2006 5:53 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096169)

Date: November 29th, 2006 5:55 PM
Author: Alpha Dog

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: Extreme Fajitas

I'm inclined to agree.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096200)

Date: November 29th, 2006 5:57 PM
Author: Hazelrah

I linked to it on Greedy NY. Nobody's called flame yet.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096205)

Date: November 29th, 2006 6:05 PM
Author: Extreme Fajitas

If nothing else, this flame can take pride in crashing the greedy servers. Fortunately Xo is made of sterner stuff.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096252)

Date: November 29th, 2006 6:06 PM
Author: Hazelrah

This guy actually did a pretty good job if he made up 3 accounts in 3 different departments/offices just to have them talk bonuses to each other.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096263)

Date: November 29th, 2006 6:12 PM
Author: Extreme Fajitas

Yeah, and the monikers are all sufficiently different, which is nice (w/r/t capitalization, form, etc.) But it just seems a little too slick.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096296)

Date: November 29th, 2006 6:13 PM
Author: Hazelrah

I agree the "Equities in Dallas" is kinda over the top. Maybe "Projects in LA" will chime in next.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096310)

Date: November 29th, 2006 6:15 PM
Author: Extreme Fajitas

The part I liked was how EiD's "laughter" was just another not-so-subtle zing. All in all though it's good work.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096321)

Date: November 29th, 2006 6:18 PM
Author: Hazelrah

The Greedy server is still melting. Ridiculous. Just post on this board, you biglaw douches. At least our flames are funnier and/or better constructed.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096338)

Date: November 29th, 2006 5:57 PM
Author: Peyton4MVP

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 5:58 PM
Author: Wasabi

It's still a lot of money. It may be exploitation, but it is lucrative exploitation.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096214)

Date: November 29th, 2006 6:00 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096227)

Date: November 29th, 2006 6:05 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096251)

Date: November 29th, 2006 6:09 PM
Author: Wasabi

How can you feel good about this?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096275)

Date: November 29th, 2006 6:20 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096357)

Date: November 29th, 2006 6:29 PM
Author: MrJackson

Wrong moniker?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096414)

Date: November 29th, 2006 6:00 PM
Author: Great Teacher Onizuka

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)

Date: November 29th, 2006 6:05 PM
Author: Hazelrah

Their PPP is higher than Davis. If you think S&C/STB/PW would go higher with bonuses, surely DPW would match?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096257)

Date: November 29th, 2006 6:10 PM
Author: Great Teacher Onizuka

I have a gut feeling NY market bonus will be higher than $15k. I can't say I have any empirical evidence to support this feeling, but it's there. I think Milbank might become the new Sherman in terms of trying to lead the market downward but failing.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096284)

Date: November 29th, 2006 6:10 PM
Author: Hazelrah

It was S&C and Cravath that tried to keep bonuses flat last year.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096289)

Date: November 29th, 2006 6:18 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096344)

Date: November 29th, 2006 6:19 PM
Author: Hazelrah

S&C and Cravath announced $30k, followed by Paul Weiss and then (I think) STB at $35k.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096349)

Date: November 29th, 2006 6:11 PM
Author: Hazelrah

Also this is one of those times when it'd be great to break the IP policy and find out if these three Milbank guys are all the same poster. ;)

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096295)

Date: November 29th, 2006 6:26 PM
Author: Great Teacher Onizuka

I can confirm that there were more than one Milbank IPs posting in this thread. So if it's flame, someone put a heckuva of a lot of effort into it, and took the risk of doing it from work.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096399)

Date: November 29th, 2006 6:27 PM
Author: Hazelrah

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)

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#7096421)

Date: November 29th, 2006 6:31 PM
Author: Hazelrah

Somebody on Greedy NY (probably the only person who can get through that server) is calling it fake.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096429)

Date: November 29th, 2006 6:33 PM
Author: Great Teacher Onizuka

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)

Date: December 4th, 2007 8:20 PM
Author: Swattie



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#8978367)

Date: December 4th, 2007 8:32 PM
Author: Steamroller #9

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)

Date: November 29th, 2006 6:10 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096288)

Date: November 29th, 2006 6:12 PM
Author: loafer

that has happened before, right? didn't DPW try to lowball the market, and then had to eat crow and boost the figures when the market blew right past it?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096299)

Date: November 29th, 2006 6:22 PM
Author: Great Teacher Onizuka

Yeah. Also the first firms to go to $135k in NYC ended up raising to $145k later.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096373)

Date: November 29th, 2006 6:04 PM
Author: Noob Saibot

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)

Date: November 29th, 2006 6:05 PM
Author: DocD.

clearly

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096254)

Date: November 29th, 2006 6:09 PM
Author: milbank05

no shit

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096279)

Date: November 29th, 2006 6:11 PM
Author: Great Teacher Onizuka

Honestly, with associate expectations so high I can't imagine every other firm falling in line here. I think this could be the Sherman associate firing all over again, with Milbank handing out a lowball bonus and then not having other firms follow suit.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096293)

Date: November 29th, 2006 6:17 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096334)

Date: November 29th, 2006 6:19 PM
Author: Rowan

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 6:23 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096378)

Date: November 29th, 2006 6:31 PM
Author: Rowan

Nah. Probably one of the firms near the top of the rankings, but I wouldn't say which one.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096433)

Date: November 29th, 2006 6:09 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096281)

Date: November 29th, 2006 6:14 PM
Author: ......,.........,........... (XO's Official Ketchup Troll)

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)

Date: November 29th, 2006 6:15 PM
Author: Leopold Stotch

"Milbank Partners Buttrape Associates with 15K inch Dildo"

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096322)

Date: November 29th, 2006 6:21 PM
Author: loafer

titcr.

"Milbank hates its associates"

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096363)

Date: November 29th, 2006 6:21 PM
Author: Hazelrah

http://www.xoxohth.com/thread.php?thread_id=361038&mc=180&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096367)

Date: November 29th, 2006 6:22 PM
Author: ......,.........,........... (XO's Official Ketchup Troll)

An XO classic (if I do say so myself).

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096372)

Date: November 29th, 2006 6:19 PM
Author: I only jerk off to ex girlfriends (misogyny rating - 1,000,000,000)

motherfucking cheap goddamn bastards.

fuck this shit, where are the headhunters?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096350)

Date: November 29th, 2006 6:28 PM
Author: Great Teacher Onizuka

Given this reaction I'd be surprised if all firms followed the trend.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096408)

Date: November 29th, 2006 6:29 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096418)

Date: November 29th, 2006 6:31 PM
Author: I only jerk off to ex girlfriends (misogyny rating - 1,000,000,000)

selling meth.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096435)

Date: November 29th, 2006 6:38 PM
Author: loafer

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)

Date: November 29th, 2006 6:39 PM
Author: Great Teacher Onizuka

Yeah, if not for competition we'd be at $125k or $135k.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096490)

Date: November 29th, 2006 6:41 PM
Author: loafer

and food would cost hundreds of dollars per meal. i mean what else would you do, starve?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096501)

Date: November 29th, 2006 6:29 PM
Author: I only jerk off to ex girlfriends (misogyny rating - 1,000,000,000)

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: Great Teacher Onizuka

Someone on Greedy is claiming this is fake.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096438)

Date: November 29th, 2006 6:33 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096448)

Date: November 29th, 2006 6:34 PM
Author: ......,.........,........... (XO's Official Ketchup Troll)

Clearly Milbank partner (or should I say a Milbank cheap fucker).

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096454)

Date: November 29th, 2006 6:38 PM
Author: anonguy

i emailed the HR person in the OP asking if it's real. that should settle it.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096474)

Date: November 29th, 2006 6:39 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096486)

Date: November 29th, 2006 6:40 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096493)

Date: November 29th, 2006 6:44 PM
Author: Great Teacher Onizuka

Assuming someone did email her, if it's fake she'd probably write back tomorrow.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096521)

Date: November 29th, 2006 6:42 PM
Author: Hazelrah

Couple more posts saying this.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096506)

Date: November 29th, 2006 6:42 PM
Author: loafer

what % precincts reporting?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096513)

Date: November 29th, 2006 6:44 PM
Author: Hazelrah

http://infirmation.com/bboard/clubs-fetch-msg.tcl?msg_id=0034yY

I didn't even know this was possible on the Greedy board. Amazing every post isn't tubgirl.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096520)

Date: November 29th, 2006 6:45 PM
Author: Great Teacher Onizuka

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 6:47 PM
Author: Mr. Dizzle

Probably someone who has already decided to leave the firm. Regardless, it's been great to see the reaction. Hopefully it's fake and partners will notice the outrage and take warning.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096544)

Date: November 29th, 2006 6:53 PM
Author: RangerRick

fake, no doubt

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096602)

Date: November 29th, 2006 6:46 PM
Author: WillyTaft

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 6:48 PM
Author: Mr. Dizzle

Yeah, I posted this in the meaner Milbank thread, but for firms that have minimums, is 15K worth hitting the min? If not, it would make for a pretty relaxed first year without much of a financial hit as it once was.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096553)

Date: November 29th, 2006 6:46 PM
Author: RangerRick

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: [officially retired from this disgusting hellhole]

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: Mr. Dizzle
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)

Date: November 29th, 2006 6:57 PM
Author: Hazelrah

So Earl joined them this year?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096623)

Date: November 29th, 2006 6:59 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096630)

Date: November 29th, 2006 7:03 PM
Author: Mr. Dizzle

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)

Date: November 29th, 2006 7:05 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096663)

Date: November 29th, 2006 7:02 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096651)

Date: November 29th, 2006 7:07 PM
Author: Mr. Dizzle

It's ok to take out your anger on me, I understand.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096684)

Date: November 29th, 2006 7:01 PM
Author: Trollerskater



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096644)

Date: November 29th, 2006 7:02 PM
Author: Hazelrah

Another great year with half as many associates, no doubt.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096647)

Date: November 29th, 2006 7:03 PM
Author: Equities in Dallas



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096659)

Date: November 29th, 2006 7:13 PM
Author: this is (FLIPS, BLIPS & Lease Strips)



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096718)

Date: November 29th, 2006 7:15 PM
Author: Call me Ishmael

If they ask why, you should cite the bonus memo as a reason.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096739)

Date: November 29th, 2006 7:16 PM
Author: whatsthebigdeal

I already accepted elsewhere (much better) but haven't officially released them yet. Will do tomorrow and make sure to let them know why.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096750)

Date: November 29th, 2006 7:18 PM
Author: Hazelrah

Excellent. Even if this is fake, it'd be great if they had to acknowledge this thread.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096766)

Date: November 29th, 2006 7:20 PM
Author: whatsthebigdeal

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 7:22 PM
Author: Mr. Dizzle

So you, as a 2L, know this is real? Please explain.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096796)

Date: November 29th, 2006 7:23 PM
Author: Hazelrah

I was referring to the memo, not to your choices.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096803)

Date: November 29th, 2006 7:24 PM
Author: Mr. Dizzle

I got confused too

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096810)

Date: November 29th, 2006 7:25 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096821)

Date: November 29th, 2006 7:26 PM
Author: Hazelrah

Well done. As I said on Greedy NY, you may have saved the bonus season for everyone.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096829)

Date: November 29th, 2006 7:27 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096836)

Date: November 29th, 2006 7:28 PM
Author: milbank05

And TY sir; I admire your work as well.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096843)

Date: November 29th, 2006 7:29 PM
Author: Mr. Dizzle

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)

Date: November 29th, 2006 7:30 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096851)

Date: November 29th, 2006 7:33 PM
Author: Hazelrah

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)

Date: November 29th, 2006 7:33 PM
Author: Mr. Dizzle

Cool. I'm happy to have been a part of it. Are you worried about them tracing your IP address?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096871)

Date: November 29th, 2006 7:34 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096876)

Date: November 29th, 2006 7:36 PM
Author: Mr. Dizzle

I suppose. But you did put an end to it because you were worried about the recuiter getting hassled. And you were posting false and inFLAMing information about the firm while you were on the clock.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096888)

Date: November 29th, 2006 7:38 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096903)

Date: November 29th, 2006 7:31 PM
Author: Hazelrah

How did you manage the multiple IPs? Accomplices? Unattended computers? Remote desktop etc?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096859)

Date: November 29th, 2006 7:32 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096861)

Date: November 29th, 2006 7:34 PM
Author: Hazelrah

Yeah, waiting a day might have been nice. But I understand it's hard to hold back.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096874)

Date: November 29th, 2006 7:34 PM
Author: SearsPrizeWinner

Trying to get fired?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096878)

Date: November 29th, 2006 7:36 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096886)

Date: November 29th, 2006 7:38 PM
Author: Trollerskater



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096904)

Date: November 29th, 2006 7:39 PM
Author: milbank05



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096916)

Date: November 29th, 2006 7:43 PM
Author: Trollerskater



(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7096940)

Date: November 29th, 2006 7:39 PM
Author: ......,.........,........... (XO's Official Ketchup Troll)

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: Hazelrah

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)

Date: November 30th, 2006 1:55 AM
Author: flippper

were you in on this?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7100034)

Date: November 30th, 2006 1:57 AM
Author: Hazelrah

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: November 30th, 2006 1:58 AM
Author: flippper

"the board" being greedy?

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7100062)

Date: November 30th, 2006 1:59 AM
Author: Hazelrah

We both read xoxo.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7100069)

Date: November 30th, 2006 2:01 AM
Author: flippper

yah, greedy is boring.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7100087)

Date: April 5th, 2007 8:50 PM
Author: WhateverDood

never forget.

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#7881064)

Date: December 4th, 2007 8:33 PM
Author: hizzle

DAMN MILBANK PARAS!

(http://www.autoadmit.com/thread.php?thread_id=535893&forum_id=2#8978428)