Winston & Strawn’s class of 2009 associates were deferred back in April, and were scheduled to begin mid January of 2010. Now the firm has pushed those start dates back again. The class is being divided into three groups starting at different times. The lucky ones will begin in February, and the [...]
Continue reading...Wednesday, October 21, 2009
Earlier this month tipsters alerted us to layoffs at Foley & Lardner, which the firm later confirmed. Like many firms, Foley & Lardner deferred its incoming associate class, but now it appears that some of those associates are being deferred again. Incoming IP associates have been pushed back to September of next year, [...]
Continue reading...Tuesday, August 25, 2009
Boston’s Mintz Levin, which cut associate salaries this month, is deferring start dates for members of its incoming 2009 associates class, again. Half the 2009 class will start in April 2010 — but the other half has been informed, personally by phone, they will not start until January 2011. The latter group will get an additional [...]
Continue reading...Friday, July 31, 2009
New York’s Proskauer Rose, which in March laid off 23 attorneys, is deferring its current Summer associates to Fall 2011. Proskauer has not announced how many Summers will get job offers, and there has so far been no mention of stipends or fellowships. The firm deferred its 2009 incoming associates class to March 2010 with a $20,000 [...]
Continue reading...Wednesday, July 1, 2009
For months now, Biglaw firms have been offering voluntary, or imposing involuntary, deferral schemes on incoming associates. Now a law school had jumped on the bandwagon. The University of Miami School of Law is asking incoming 1L students invited to start in the Fall to defer their entry into the law school until Fall 2010. Students who [...]
Continue reading...Tuesday, June 16, 2009
Blawgs are reporting that Cravath has been holding stealth layoffs of associates since December 2008, letting 25 lawyers go for “performance” reasons. According to online sources, more layoffs are expected this month. Cravath has refused to comment. Apparently this news is coming out because laid off associates are angry that Cravath will pay incoming 2009 associates $80,000 [...]
Continue reading...Friday, June 12, 2009
Cravath, which in March deferred its 150-member incoming associate class to October or November 2009 or January 2010, has some more deferring to do. First: the 2009 class is being offered a voluntary deferral option. Anyone willing to defer to Fall 2010 will get an $80,000 stipend, health care, $1,000 a month in student loan repayment, [...]
Continue reading...Wednesday, June 10, 2009
In April, New York’s Shearman & Sterling deferred its 2009 associate class. Incoming associates were offered a stipend to defer to 2010. Now the firm has finally announced internally the start dates for those who did not accept the Delayed Start Program. According to online sources, the start dates are January 25th, February 1st, and February [...]
Continue reading...Monday, June 8, 2009
Wiggin and Dana, which in March laid off 14 attorneys and 14 staff, has deferred its incoming associates to February 2010. Those deferred have been offered a stipend, although the firm will not reveal the amount. Founded in New Haven, Connecticut in 1934, Wiggin and Dana LLP has offices in Stamford and Hartford, Connecticut; Philadelphia, Pennsylvania; and [...]
Continue reading...Thursday, May 21, 2009
Global intellectual property firm Fish & Richardson, which earlier this month laid off 35 lawyers and 85 staff, has rescinded job offers to one-third of its 2009 incoming associate class. One third of the incoming class will start on time, in Fall 2009. Another third will be deferred to 2010. They will get a stipend of $5,000 [...]
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Tuesday, November 3, 2009
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