Good morning everyone! Today is Monday, March 1, and here’s a quick look back at Friday’s news… Profits and revenue decline at Debevoise & Plimpton… Ogletree Deakins open a new office in Orange County, California… Donchess & Notinger claim in a court filing that a bankruptcy case is creating a financial hardship for the firm… Seyfarth Shaw releases details [...]
Continue reading...Monday, February 1, 2010
Last month we told you about a report issued by the National Association for Law Placementthat recommended changes to the way firms recruit on campus. They asked for feedback, and Jones Day has filed this objection. At the heart of the 8 page complaint, dated January 29, is an assertion that implementation of [...]
Continue reading...Thursday, December 3, 2009
Orrick presented its new compensation plan to its associates today, and there was much rejoicing. Unlike many firms that cut base salaries with discretionary bonuses, Orrick kept the $160k starting salary for first year associates. After that associates will be arranged in three tiers, associates, managing associates and senior associates. The three [...]
Continue reading...Wednesday, February 25, 2009
A National Association for Law Placement survey of 2008 law firm recruiting found that law firms offered fewer summer associate positions to current 2Ls for 2009, and fewer 2008 summer associates received full-time job offers. In addition, the acceptance rate for those summer associate and permanent positions was unusually high. Last year’s recruiting climate was the worst [...]
Continue reading...Monday, February 2, 2009
According to the National Law Journal, numerous law schools are hunting for new deans, even in the economic downturn. But qualified professionals may not want the job. Even in this economy, there seems to still be a demand for one high-paying job — law school dean. At least 27 law schools throughout the country are searching [...]
Continue reading...Friday, December 12, 2008
A shortage of legal work in 2009 is sure to dry up the pool of summer associate positions for law students. From the WSJ Law Blog: Summer law-firm programs are typically heavy on the play side of the work/play equation. Still, summer associates usually have to do some billable work for paying clients. This year, with the [...]
Continue reading...Wednesday, December 10, 2008
JDJournal’s A. Harrison Barnes just emailed me: I just spoke with a candidate from the China office of a large US firm, and was told that “corporate practices are VERY slow in Hong Kong and Shanghai, despite what you are reading on blogs. Firms are slow and laying capital markets associates [...]
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Monday, March 1, 2010
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