Prominent New York based firm Skadden Arps sent out offers to potential candidates for their 2010 summer program. The firm, which boasts over 2,000 lawyers, announced in August that there would be massive cuts to their summer hiring. They hired 225 students for this summer’s program and they plan to hire less than half of [...]
Continue reading...Monday, August 24, 2009
Skadden will hold its Summer associates program in 2010, but with less than half as many associates than in 2009. The firm had 225 summers this year, but will only have about 100 in 2010. No 2010 offers will be rescinded — if more than 100 associates accept their offers, they all will participate. As for the [...]
Continue reading...Tuesday, August 11, 2009
Dorsey & Whitney, which in June laid off 55 staff members and cut associate salaries, has canceled its 2010 Summer Associate programs, except at the firm’s Minneapolis, Minnesota headquarters. The firm claims the cancellations are not to save money. Dorsey & Whitney LLP is a large law firm, with close to 700 lawyers and 850 staff, located [...]
Continue reading...Thursday, June 25, 2009
DLA Piper is making major changes to its associate program, including further deferrals of associates who were deferred back in April. Eighty-five new lawyers were deferred to January, 2010. Now half of those will be further deferred to Fall 2010, and take public interest jobs in the interim. This year’s incoming class is 15% smaller than last [...]
Continue reading...Wednesday, June 17, 2009
Most students receiving financial aid from Harvard Law School are required to work for 10 weeks over the summer, the traditional length of a major law firm summer program. But this year, many students have seen their summer jobs reduced, or cut entirely, by law firms. Initially, the school said these students would still need to [...]
Continue reading...Monday, June 1, 2009
The New York Law Journal has published its annual survey of summer class sizes at New York Biglaw firms. Latham & Watkins had the largest cut in class size, of 68%. The firm has 26 summer associates this year, down from 80 in 2008. Here are the top five New York firms in terms of summer associate [...]
Continue reading...Thursday, May 21, 2009
First, Manhattan’s Skadden announced that 2009 Summer Associate Program 3Ls, if they are offered jobs, will not begin until 2011. Now Atlanta’s Morris Manning has said they will not have a 2010 Summer Associate Program at all. From the memo: This decision was made because we don’t know when the economy will pick up, we feel that our [...]
Continue reading...Tuesday, May 19, 2009
The 2009 Summer Associate Program at Skadden has begun. And the 3Ls have been warned that, if they get an offer to join Skadden, they won’t be starting in 2010 — they will be deferred to 2011. There are no further details on 2011 deferrals, as those decisions, such as precise start dates and stipends, have [...]
Continue reading...Monday, May 18, 2009
London’s Barlow Lyde & Gilbert, which recently opened a fifth office in Manchester, has asked half of its September 2009 incoming trainee class to delay joining the firm for six months, in return for a no-strings-attached cash payment of £2,500 ($3,800). The firm is also cutting the size of its summer program. Barlow Lyde & Gilbert LLP [...]
Continue reading...Friday, April 24, 2009
Late last year, New York City’s Schulte Roth & Zabel laid off 30 lawyers. This week the firm asked 20 attorneys to update their CVs. The layoffs affected the corporate, real estate, and litigation practices. Those asked to leave have been given two months notice, and will get outplacement assistance. The firm has also shortened its 2009 summer [...]
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Thursday, September 24, 2009
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