From a tipster who is on his way out:
A partner told me that raises for top performers will be in the 20% ballpark. Don't know if this is true. It was from a very Senior Partner in an Upper Midwest (not Chicago) office. He could just be talking.
This is a Senior Associate 2 in the audit practice who has simply had enough of the glitz and glamour of the Big 4. As far as this 20% business, that would be a pretty handsome number for the audit practice, but when we initially sized things up last month, we speculated that E&Y would pay the top performers well and this seems to be the first sign that they are setting a pretty high bar. Discuss and email us with any other numbers you're hearing partners throw around.