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20 Nov 9:36 am
... to the employee party? I'm willing to bet that it never occurred to most firms either. But remember, deferring incoming associates is a completely new thing. There are no rules for this stuff; the legal industry is making it up as it goes along. So, as ... t work at the firm. It's that simple. But there is an argument that can be made in favor of firms inviting incoming associates. First of all, firms keep telling these kids that they will be members of the firm. They have offers. Some of them aren' ...
Above the Law - http://www.abovethelaw.com/
20 Nov 11:02 am
... STB bonus memo, after the jump. SIMPSON THACHER & BARTLETT -- MEMO -- 2009 ASSOCIATE BONUS On behalf of the partners of the Firm, I would like to announce that year-end bonuses ... individual basis and communicated separately. Bonuses will be paid on December 30, 2009. Associates and counsel who were on leave or worked part-time during any part ... your dedication and professionalism. Pete Ruegger November 20, 2009 Earlier: Associate Bonus Watch: Simpson Announces Bonuses ... And You're Not Going ...
Above the Law - http://www.abovethelaw.com/
20 Nov 8:21 am
... : $30,000 Bonuses will be paid on December 18, 2009, consistent with our customary practices. The Firm greatly appreciates the efforts of our associates over the course of the year. Don't feel bad, guys; there are a lot of great things you can do with $7,500. ... wrong with that. It's nice to see that at least some of the traditional ways will survive the recession. Earlier: Prior ATL coverage of 2009 associate bonuses Business - Employment - Executive Committee - Executive Search - Class of 2008
Above the Law - http://www.abovethelaw.com/
8 May 8:53 am
... be limited to one lunch per week (either traditional or Chow for Charity). Additional opportunities will exist for summer associates to lunch with one another or full time attorneys at departmental lunches, training programs and other in-house activities. ... (or to get prior approval). Lunches with partners will not count against the weekly limitation. For the benefit of the summer associates, return to the Firm within a reasonable period of time after lunch. Lunches are not reimbursed on days of ...
Above the Law - http://www.abovethelaw.com/
19 May 10:59 am
... PASTES COPY OF CORRESPONDENCE BETWEEN HIM AND PISSED OFF PARTNER HERE __________________________________________________ [DELUSIONAL FIRST YEAR ASSOCIATE] TO THE FIRM back to an earlier point. i realize we're a business comprised of grownups, which means we can ... isn't a fireable offense. On the other hand, it's hard to imagine that Quinn Emanuel wants its junior associates engaging in public debates about controversial racial issues -- and saying that the firm is on the wrong side of the moral ...
Above the Law - http://www.abovethelaw.com/
29 May 2:26 pm
... USA, then write 10 sections of editorial based on anonymous telephone interviews with a random, representative sample of junior associates at that firm. It's an in-depth, substantive approach that we think gets under the skin of law firms in more ... legal directory which assesses law firms on the basis of interviews with clients. · Evaluations are drawn from those who really know the associate experience - junior lawyers themselves. · Profiles of the top 100 US firms by revenue. · Free access: no ...
Above the Law - http://www.abovethelaw.com/
5 Nov 12:00 pm
... no longer want to pay. But what about the rates of fourth- and fifth-year associates doing the work of first-year attorneys? What about the billing rates of partners, some of whom ... work. Obviously, big changes are coming to the Biglaw business model. But is deflating associate salaries back to 1998 levels even a useful suggestion? I know that the Yankees just ... another World Series, but that doesn't make it 1998 all over again. Experts: Lower Associate Pay Is Here to Stay [Fulton County Daily Report ...
Above the Law - http://www.abovethelaw.com/
8 May 12:45 pm
... March 2010 at the earliest Goodwin Procter - January 2010 for half of its 125 new associates; October 2010 for the rest ($60,000 stipend with pro bono work) Greenberg ... & Wilmer, LLP - December 2009 ($5,000 stipend) Sonnenschein - 20 associates have start dates between September 2009 and Fall 2010 ($5, ... worked with in the past. Additionally, local law school legal clinics, as well as bar associations and foundations, may have information regarding additional opportunities that can be explored. ...
Above the Law - http://www.abovethelaw.com/
12 May 9:23 am
... reported on stealth layoffs at Sullivan & Cromwell. We mentioned that 15 to 20 associates were laid off (although subsequent reports we've received indicate ... very common. Welcome to the recession, summers who were lucky enough to get a summer associate position in the first place. Remember, Above the Law is here to provide free entertainment ... Layoff Watch: Sullivan & Cromwell Has A Very Special Spring Bonus Associate Bonus Watch: Sullivan & Cromwell's Super-Special Bonuses Simpson ...
Above the Law - http://www.abovethelaw.com/
26 Jun 12:56 pm
... an introvert, don't underestimate the importance of building relationships while you are a summer associate. Doing good work is of course important. But this summer it behooves you to try and ... hour, please, please send us an e-mail about it. We miss Summer Associate stories, and we're sure you do too.) If social ... s dangerous and dubious [PPT - Slide 7]. Some words of advice for summer associates of 2009 [Massachusetts Lawyers Weekly] Earlier: Advice For Summers From Georgetown Sponsored Topics: ...
Above the Law - http://www.abovethelaw.com/
17 Jul 11:21 am
... form of Firm-approved public service work in the US or abroad, including interning for a judge, or working for a Firm client. * An incoming associate may decide to travel or take a paid position during the deferral year. The Firm will only pay the stipend to ... 2011, the Firm is now offering the voluntary deferral program to the current summer class to counterbalance the overall lack of associate attrition. Would you take a deferral that required you to wait a year and a half after law school ...
Above the Law - http://www.abovethelaw.com/
22 Sep 3:57 pm
... are paid generously over the summer, earning at a six-figure annualized rate for several weeks (or months). Summer associates get experience in the Biglaw environment, including the opportunity to see which practice groups might best suit them. Summer ... few months, they don't usually assume it'll lead to marriage. It may be time to start thinking about the summer associate experience in a similar way. Earlier: Are Some People Still Living in 2007? (Or: Some early speculation on bonuses.) Sponsored ...
Above the Law - http://www.abovethelaw.com/
13 Oct 3:40 pm
... and comment from their home computers). WilmerHale has confirmed that management sent around a memo trying to keep its associates quiet. A spokesperson for the firm told Above the Law: From time to time leaders of the firm communicate to employees that we ... us attorneys are already well aware of their ethical obligations to clients. Our tipsters report that the memo was directed at associates who might be talking about their jobs to their friends, their families, and sometimes ATL. Obviously we at ...
Above the Law - http://www.abovethelaw.com/
21 May 10:39 am
... should be to making sure that our existing lawyers are productive rather than committing to bring in a whole class of additional associates, and we believe that when and as we need to hire additional lawyers there are very likely to be a lot ... over the course of several months (an extended job interview, if you will) and as a means of connecting potential new associates with attorneys already in practice. However, this test drive period has proven to be costly -- and clients are no longer willing ...
Above the Law - http://www.abovethelaw.com/
20 May 4:03 pm
... , but multiple sources report that it is the standing policy of Quinn Emanuel to part ways with associates who fail the bar multiple times. But we shouldn't necessarily look at ... affected his decision to send out a follow up, firm-wide email. The associate didn't offer us any additional insight either. But he ... public meltdown, is he entitled to privacy? [True / Slant] Earlier: Quinn Emanuel Associate Has Reservations About 'Redskin' Victory Related: Washington Redskins - NFL - Sports - Football - ...
Above the Law - http://www.abovethelaw.com/
30 Jun 9:06 am
... jump. Here's how American Lawyer explains the inclusion of firms that have had massive layoffs: We should note that the associate survey we use to compute satisfaction was sent out in the spring of 2008, before the waves of layoffs, deferments, and ... associates happier! But as it turns out, the attorneys that are left may be happier. The preliminary results of our 2009 midlevel associates survey (which will appear in our August issue) show that Milbank and Orrick actually did better than in their ...
Above the Law - http://www.abovethelaw.com/
10 Jul 11:32 am
... Jr., referencing the firm's previously discussed performance evaluation system, confirmed this to ATL by email: [W]hen senior associates are meeting our basic performance standards but are not progressing toward advancement to partnership, they are counseled to ... to continue. This conclusion was reached as to about 30 of our 140 sixth year and more senior US associates through this round of our evaluation process (this was the result of the process and not a "target" number), and they are being ...
Above the Law - http://www.abovethelaw.com/
14 Jul 4:06 pm
... done for many years, says Carlton's director of recruiting. The firm's shareholders -- it's a corporation, not a partnership -- take associates and SAs out on their personal fishing boats for a day. (3500 square feet and a schooner in Tampa, ... . It started as a counter-culture event in response to the typical Biglaw lavish events and indulgent dinners for summer associates. In past years, Harper and Mendrygal organized surprise events for summers that included trips to WWE Friday Night SmackDown, ...
Above the Law - http://www.abovethelaw.com/
29 Oct 9:40 am
... what Foley Hoag is doing; the firm announced today that it was slashing salaries, in part to help associate development and recruitment. Here's a screen shot of the firm wide memo ( ... they were making when they first started at the firm. At least some Foley associates are not better off than they were four years ago. That can't ... a bigger role in these salary cuts that Foley is letting on. But the firm claims that associates will have an opportunity to make up the salary cuts come bonus time: Foley ...
Above the Law - http://www.abovethelaw.com/
16 Nov 8:08 am
... from work. Last week, we mentioned that Akerman Senterfitt had explicitly told its associates that staying home because of swine flu would not count against their vacation ... L Gates managing partner Peter Kalis. All K&L Gates associates received a blistering email from the managing partner. Let's take a look after the ... recorded history that somebody used germs to a competitive advantage. B) Terrified of being laid off, the associate was just trying to put in the face time. Kalis doesn't tell us ...
Above the Law - http://www.abovethelaw.com/
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