The recruitment plan originaly proposed by the National Association for Law Placement drew criticism from many sides, as we reported here. On Friday, NALP scaled back its ambitious plan and instead adopted two smaller changes. Under the new guidelines, students will have 28 days to accept offers, down from 45, and students who have completed a summer [...]
Continue reading...Thursday, February 11, 2010
Jones Day has been the most vociferous opponent of the NALP recruitment plan, as we originally reported here, but several other firms have come out against it. Weil Gotshal and Lowenstein Sandler have spoken out against it, saying that it would create a five month gap between on campus interviews and the extension of offers – [...]
Continue reading...Monday, November 30, 2009
In a year that has been notable for salary cuts, layoffs, associate deferrals and smaller bonuses, it should come as no surprise that promotions to partner are also down across the board. Profits are down, and firms are reluctant to increase the number of slices of the shrinking pie. Although not every firm [...]
Continue reading...Wednesday, November 25, 2009
-Insert cookie cutter story here- Debevoise & Plimpton announced bonuses today. Second verse, same as the first… I’m rapidly running out of new and creative ways to say this, so here it is – it’s the same bonus schedule first issued by Cravath, then followed by Cleary Gottlieb, Skadden, Wilkie Farr, Simpson Thatcher, and Davis [...]
Continue reading...Monday, November 9, 2009
Good Morning everyone! I hope everyone had a terriffic weekend. Here’s a look back at Friday’s news (and a small weekend update) to get your week started. A judge has vacated the $1.2 billion default judgementagainst PepsiCo… Cleary Gottlieb announced its year end bonuses… Greenberg Traurig added five attorneysfrom Ballard Spahr… and Latham & Watkins promoted 23 [...]
Continue reading...Friday, November 6, 2009
Cleary Gottlieb Gottlieb has confirmed their bonus schedule for this year, which falls right in line with Cravath. Cravath was the first major law firm to announce its year end bonuses. The bar was set so low by Cravath that it’s no great feat for other firms to meet it. Gottlieb Like Cravath, bonuses [...]
Continue reading...Wednesday, September 9, 2009
Yesterday, New York Attorney General Andrew Cuomo began running for Governor errr trying his case in the media when he publicly called on Bank of America to waive attorney-client privilege so that he, AG Cuomo, could determine what crimes if any were committed. Well, it appears the game is afoot and Bank of [...]
Continue reading...
Sponsored by |
Monday, March 1, 2010
0 Comments