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evilweasel posted:i get paid to shuffle money between hedge funds based on who was smart enough to hire me, its p. good How much does shuffling money like this pay? Is this a sort-of-six-figures gig, or a, "I had a great quarter and earned 1.2 million," kind of gig?
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Jan 12, 2019 22:18
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Veni Vidi Ameche! posted:How much does shuffling money like this pay? Is this a sort-of-six-figures gig, or a, "I had a great quarter and earned 1.2 million," kind of gig? For the Wease, I’m guessing the former. For the Wease’s boss, the latter.
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Jan 12, 2019 22:33
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Veni Vidi Ameche! posted:How much does shuffling money like this pay? Is this a sort-of-six-figures gig, or a, "I had a great quarter and earned 1.2 million," kind of gig? https://abovethelaw.com/2018/11/breaking-cravath-announces-annual-bonuses/ https://abovethelaw.com/2018/06/new-york-to-190k-no-cravath-didnt-make-the-first-move/ So e.g. a 3rd year associate would be at 225k on the new Cravath scale.
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Jan 13, 2019 02:50
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Welcome back maggot
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Jan 13, 2019 02:53
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Phil Moscowitz posted:For the Wease, I’m guessing the former. For the Wease’s boss, the latter. yep, biglaw works out for me for some reason
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Jan 13, 2019 03:54
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nm posted:At the PDs office, we didn't get it. We printed things out and used a sharpie and scanned it. It isn't that loving hard. I make the interns use white out tape then Sharpie over it. Because it amuses me.
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Jan 13, 2019 08:19
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The term on my current job is coming up this year and I've got a couple options, including just staying where I am. Trying to assess and rank them has caused me to realize I have very little idea what I want, professionally
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Jan 13, 2019 15:04
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 Lol Philly the cradle of American democracy
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Jan 14, 2019 00:14
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Eagles suck rear end
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Jan 14, 2019 04:26
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Louisiana, noted Clinton territory.
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Jan 14, 2019 06:35
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I was at the game in the endzone.  Will Lutz missing that field goal cost my buddy a million though.
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Jan 14, 2019 14:35
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Went on another interview today. Getting tired of this poo poo and the smiling and the platitudes and the worrying and the effort. loving give me a better job already.
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Jan 14, 2019 14:52
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Lote posted:I was at the game in the endzone. That loving kick.
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Jan 14, 2019 19:03
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Whatup boolickers? It's a who dat nation and everyone else just lives here. End of transmission!
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Jan 14, 2019 22:00
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Saints spotted those schmucks two touchdowns and then proceeded to destroy all hope. Alvin Kamara was right. Lmao https://twitter.com/bleacherreport/status/1084632319174922241?s=21
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Jan 14, 2019 22:21
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Eminent Domain posted:That loving kick. http://www.espn.com/chalk/story/_/i...ing-final-wager One guy had a parlay of under plus Saints to cover -9.5. Everyone else had Eagles +8.5. 9 points would mean both sides lose and he gets 1st. Brutal. It was wide by like 3 feet. Close enough that people right next to it inmy section thought it went through.
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Jan 14, 2019 23:36
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For real a million dollars?
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Jan 15, 2019 01:35
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[serious post] Another one of the people I knew from law school just passed away as a result of an overdose. He was (until quite recently) an associate at a very prestigious law firm. By the accounts of those closer to him, he suffered greatly from the incredible stress of his job, recently succumbed to alcoholism, then finally succumbed to this. It isn't clear if his death was accidental or intentional. Outwardly he was a loud, enthusiastic go-getter type. Our last conversation, a couple weeks back, was about the biglaw grind and his upcoming job search. Don't go to law school.
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Jan 16, 2019 02:22
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Jesus that is terrible. No job or money is worth your sanity. Please reach out for help everyone.
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Jan 16, 2019 02:27
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Vox Nihili posted:[serious post] Another one of the people I knew from law school just passed away as a result of an overdose. He was (until quite recently) an associate at a very prestigious law firm. By the accounts of those closer to him, he suffered greatly from the incredible stress of his job, recently succumbed to alcoholism, then finally succumbed to this. It isn't clear if his death was accidental or intentional. I'm pissing into the wind on this, but has there ever been any sort of honest conversation at large law firms that paying two associates $100,000 each for the work you're paying one person $180,000 for and halving the workload will likely produce better work product and keep associates longer? It would probably never happen. Partners are cheap and greedy but more importantly type A dipshits will howl about "my prestige" and won't take the jobs.
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Jan 16, 2019 16:19
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Pook Good Mook posted:I'm pissing into the wind on this, but has there ever been any sort of honest conversation at large law firms that paying two associates $100,000 each for the work you're paying one person $180,000 for and halving the workload will likely produce better work product and keep associates longer? Yeah, no top tier law school grads who are willing to do the work of two $100,000 employees are going to want to take a pay cut. And you remove the possibility of being a high earner right out of law school from the table, so you get less competitive people in law school. All of that sounds sane to a normal person, but not to alpha dog law firms. Also you wouldn't just split the big law salary in half because the cost to the firm is way more than that. That's health insurance and benefits for two employees instead of one. To make it cost effective, you'd pay two people $75-80k instead of one person $180k.
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Jan 16, 2019 16:34
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Pook Good Mook posted:I'm pissing into the wind on this, but has there ever been any sort of honest conversation at large law firms that paying two associates $100,000 each for the work you're paying one person $180,000 for and halving the workload will likely produce better work product and keep associates longer? That's the midlaw model, except the workload is only reduced about 25% and associate salary is reduced about 30-50% depending on seniority level (with the deal getting rawer as seniority increases). I maintain it's much healthier to practice law like this than to Mookie it up and kill yourself before you're 40, but I'm also relatively poor for someone who's been practicing law at a relatively large firm for 8 years
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Jan 16, 2019 17:23
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Also being senior counsel owns, I basically don't report to anyone anymore and I just kind of do poo poo and it's awesome
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Jan 16, 2019 17:24
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Look Sir Droids posted:Yeah, no top tier law school grads who are willing to do the work of two $100,000 employees are going to want to take a pay cut. And you remove the possibility of being a high earner right out of law school from the table, so you get less competitive people in law school. All of that sounds sane to a normal person, but not to alpha dog law firms. From the associate’s perspective student loans are also an issue. The price of a top-tier law school is calibrated to associate salaries at top-tier law firms. If you’ve got $200k or whatever in student loan debt, you’d want the possibility of PSLF or something in exchange for such a dramatic pay cut. also Pook Good Mook posted:I'm pissing into the wind on this, but has there ever been any sort of honest conversation at large law firms that paying two associates $100,000 each for the work you're paying one person $180,000 for and halving the workload will likely produce better work product and keep associates longer? Associate burnout is the crux of the entire business model. If you had associates stay for longer you'd either have to make more partners, in which case the existing partners have fewer equity shares, or you'd have to make a whole lot of associates counsel or non-equity partner, in which case you've got a bunch of people commanding high salaries but no one bringing in new business. disjoe fucked around with this message at 19:20 on Jan 16, 2019 |
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Jan 16, 2019 19:12
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Soothing Vapors posted:Also being senior counsel owns, I basically don't report to anyone anymore and I just kind of do poo poo and it's awesome This is basically partnership, except without the crushing and constant stress of business development or the massive free flowing orgasm that is end of year profit distribution
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Jan 16, 2019 19:18
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Pook Good Mook posted:I'm pissing into the wind on this, but has there ever been any sort of honest conversation at large law firms that paying two associates $100,000 each for the work you're paying one person $180,000 for and halving the workload will likely produce better work product and keep associates longer? You also have the same bullshit that people say about medical residents working 80-100 hour weeks - firms want their associates to see a massive amount of work because having a ton of experiences and work develops you as an attorney. Firms would say that having an actually acceptable quality of life for two associates would mean you have two half-developed associates with insufficient experience, instead of one fully developed, experienced associate.
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Jan 16, 2019 19:38
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My development as a lawyer had everything to do with the type of work I did and my command of English, and it had to do precisely gently caress all with the amount
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Jan 16, 2019 19:49
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SlyFrog posted:You also have the same bullshit that people say about medical residents working 80-100 hour weeks - firms want their associates to see a massive amount of work because having a ton of experiences and work develops you as an attorney. . . . who is going to leave in 4 years. I get it, it's just so hilariously short-sighted and profit-driven.
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Jan 16, 2019 20:06
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disjoe posted:The price of a top-tier law school is calibrated to associate salaries at top-tier law firms. and Phil Moscowitz posted:the massive free flowing orgasm that is end of year profit distribution and Pook Good Mook posted:profit-driven. Boom. The short version of this conversation.
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Jan 16, 2019 20:34
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I'd also add that throwing more associates at a matter adds ineffeciencies and information bottlenecks. If a matter has Task A and Task B, it's much easier to have one associate do both. Even worse if you have to split up a task that could be completed by one associate.
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Jan 16, 2019 20:45
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Fuzzie Dunlop posted:I'd also add that throwing more associates at a matter adds ineffeciencies and information bottlenecks. If a matter has Task A and Task B, it's much easier to have one associate do both. Even worse if you have to split up a task that could be completed by one associate. I thought racking up tons of duplicative associate billables was the whole point!!!
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Jan 16, 2019 21:02
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Phil Moscowitz posted:This is basically partnership, except without the crushing and constant stress of business development or the massive free flowing orgasm that is end of year profit distribution THANKS FOR THE PEP TALK DAD
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Jan 16, 2019 23:20
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Fuzzie Dunlop posted:I'd also add that throwing more associates at a matter adds ineffeciencies and information bottlenecks. If a matter has Task A and Task B, it's much easier to have one associate do both. Even worse if you have to split up a task that could be completed by one associate.
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Jan 17, 2019 05:00
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RIP evilweasel, you flew too close to the sun
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Jan 17, 2019 13:17
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evilweasel posted:here is the fundamental reality that morons like helsing et al keep eliding over and refusing to deal with: this is a democracy. to do anything, you need to win elections. to win elections, you need to have a majority of voters. I mean, i don’t think he was wrong.
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Jan 17, 2019 13:29
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That post was also from a month ago wtf
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Jan 17, 2019 13:32
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Mr. Nice! posted:I mean, i don’t think he was wrong. No and the ban is ex post facto bullshit—mods moved the thread then said this month-old post broke the rules in the new sub forum.
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Jan 17, 2019 13:33
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lmao
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Jan 17, 2019 13:34
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There were a lot of bans and permabans out of that thread last night.
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Jan 17, 2019 13:35
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Evilweasel should contact a lawyer for the appeals process. Where to find one though?Nice piece of fish posted:Went on another interview today. Getting tired of this poo poo and the smiling and the platitudes and the worrying and the effort. loving give me a better job already. Also, didn't get the job. Recruiter called me overqualified but I think that's a lie, regardless there's no such thing just gimme a job I want. E: We should all put our brains together and write an appeal to Lowtax. It could be funny. Could it be funny? It'd be funny if they banned him for even longer as a result too. Nice piece of fish fucked around with this message at 14:19 on Jan 17, 2019 |
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Jan 17, 2019 14:16
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