I am a 2nd year associate in the corporate department of an elite law firm in New York, NY. The bulk of my practice is grunt work on corporate transactions like IPOs, mergers & acquisitions, financing. I’ve also some work in derivatives, negotiating contracts between hedge funds and broker-dealers.
Not really. I guess I’ve heard co-workers and friends of mine at other firms mention the names of clients / cases they’re working on outside of work, which you’re not supposed to do. As far as ethical violations of the type that you’d get disciplined for by the State Bar, I’ve never seen anything like that first-hand.
Depends on the city and depends on the firm. Most top tier firms have lockstep salary grades, so everyone in the same class year gets paid more or less the same, and get raises at the same time (at the end of every year). The starting salary at top firm in NYC is about $140,000 to $160,000. Check out this chart. At most large law firms are more or less public knowledge, up until the partner level.
Sorry for the massively delayed response...and I'm going to disappoint you even more by telling the truth: I simply don't know, but even if I did I'm not permitted to give legal advice here.
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