Inflation has gone up 7% this year.

De-SPACs are still happening. Normal M&A dealflow has returned, and partners refuse to turn down work.

Mid-levels and seniors are billing 3,000+ hours. We're seeing historical attrition with all these lateral signing bonuses.

Firms need to do something to retain associates or soon there won't be anyone to run deals.

It's fine. Cravath will just double the scale this year and simultaneously announce special spring and fall bonuses.

My fuhrer... Cravath...

Cravath announced nominal raises in the bonus scale yesterday. Other firms are likely to match.

Anyone who didn't attend Harvard, Stanford, or Yale, leave the room.

That's bullshit!

That's such incredible bullshit!

The SPAC Boom and increased dealflow has partners lining their pockets!

Meanwhile, I can't even get juniors to respond to my emails.

I've been billing 300+ months since March of 2020!

I have had clients select a preferred bidder on Friday and demand to sign by Monday pre-market!

That was one nightmare client--

We were still negotiating the schedules at 3AM and still pushed it across the finish line to announce by 7AM!

Everyone want to get the deal--

We deserve a doubled scale this year! I don't know a single mid-level or senior that is under 2,700!

Why did I work so hard in 1L and pick a V1 over a V2 for? The unique rotation system?

Frank Fried, Schulte, and Latham are all paying better than we are!

I picked Cravath because it was a compensation leader, and the greedy partners have kept the profits to themselves. I would've been better off going to Mintz!

Milbank, DPW, or Willkie better show that they're the new compensation leaders by at least doubling the scale so I could afford my student payments come February...

I've watched all of my friends lateral for signing bonuses that would choke a whale!

Meanwhile, I'm sticking around, billing 3,200s, hoping for partnership.

But these greedy partners can't even share just a little bit of the wealth in the meantime.

All I'm asking is an extra 90k. I make them that much in revenue in half a month at the rate that they bill me out for.

It's okay. Cravath might still match Skadden's iPad giveaway...

To think that I've stuck around for 6 years, even doing a capital markets rotation to do high-yield debt...

when I could've gone to DPW and done real IPOs...

I was a Yale economics undergrad, I could've gone into finance been on the buy-side with carry by now...

At least I can still go collect $500k at Kirkland...