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Latham first years: prepare thy anus [4th year associate]
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Date: September 15th, 2012 5:40 PM Author: Wine temple You're so fucked. It's happening again. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586822) |
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Date: September 15th, 2012 5:41 PM Author: twinkling exciting center mad cow disease what (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586833) |
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Date: September 15th, 2012 5:41 PM Author: brass brethren i can confirm (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586837) |
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Date: September 15th, 2012 5:42 PM Author: Wine temple I would not want to be working in DC or Chicago. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586847) |
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Date: September 15th, 2012 5:42 PM Author: twinkling exciting center mad cow disease details? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586851) |
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Date: September 15th, 2012 5:45 PM Author: brass brethren serious fucking slowdown in work. bros are billing 60 a month. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586878) |
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Date: September 15th, 2012 5:45 PM Author: twinkling exciting center mad cow disease just corporate? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586888) |
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Date: September 15th, 2012 5:50 PM Author: brass brethren no, lit, which is why it is an even bigger deal. this isn't just some cyclical downturn due to ITE, it is a fundamental shift in biglaw. basically the biglaw model is failing for run of the mill firms doing typical lit work and there arent enough rainmakers bringing in business to feed everyone, but a fuckload of grinder service partners making $$$$$$$ (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586927) |
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Date: September 15th, 2012 6:56 PM Author: concupiscible walnut stock car "fundamental shift in biglaw"
This. If you're a law student you need to choose corporate. All you do in lit these days is wonder where the work is. |
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Date: September 15th, 2012 6:57 PM Author: brass brethren cr. pretty much there is no reason for a company being sued for tens of millions of dollars to use anyone but the very best. this leaves TTTs like Stroock out in the cold, paying biglaw salaries and requiring 2000 hours but not having clients any longer willing to pay those rates (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587434) |
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Date: September 15th, 2012 7:02 PM Author: Tantric Chestnut Parlour Immigrant (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587464) |
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Date: September 15th, 2012 7:14 PM Author: Useless Multi-billionaire Doctorate lol. The shift is in technology. Junior associates used to do doc review and little else. Today the 1st level reviews are all done by computer. You used to have 20 dudes prepping for a 26(f) conference. Today its 2 dudes and one of them likely is in IT and is not a lawyer. You need a whole lot less juniors. This does not mean there is less litigation. There is actually more litigation, but you don't need warm bodies in mass to do it.
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Date: September 15th, 2012 7:34 PM Author: passionate light state trust fund I agree about the technology but there is also less longterm high stakes litigation. The problem is that we have had a stagnant economy for 5 years now and big corps are still in cost cutting mode in the US. The growth is all abroad, at least outside of IP lit. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587775) |
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Date: September 15th, 2012 10:39 PM Author: brass brethren Oh look someone who has never worked in biglaw chimes in and speculates that 1st year associates all just do doc review and 20 associates do a 26(f). STFU steve. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589193) |
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Date: September 16th, 2012 5:50 PM Author: dun rigor den mfcr (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21594405) |
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Date: September 18th, 2012 2:22 PM Author: Galvanic clown international law enforcement agency (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21607920) |
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Date: September 15th, 2012 5:49 PM Author: Pink bespoke whorehouse gay wizard what office? worst affected practice groups? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586917) |
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Date: September 15th, 2012 5:51 PM Author: brass brethren San Diego, LA, and SF are the only ones I have first hand knowledge of (ie i talked to bros there and am getting a sense of the hours) (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586937) |
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Date: September 15th, 2012 5:56 PM Author: violet stimulating patrolman church building is this why latham SD is relocating? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586981) |
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Date: September 15th, 2012 6:02 PM Author: hairraiser nowag Didn't a couple of other BIGLAW firms pull out of San Diego recently? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587021) |
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Date: September 15th, 2012 6:02 PM Author: violet stimulating patrolman church building which ones
i hear latham is leaving downtown |
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Date: September 15th, 2012 6:07 PM Author: hairraiser nowag Baker and McKenzie I think and someone else. Can't remember who though. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587060) |
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Date: September 15th, 2012 6:08 PM Author: violet stimulating patrolman church building interesting (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587067) |
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Date: September 15th, 2012 7:17 PM Author: talented dragon mad-dog skullcap close but not quite.
Baker Mac SD folded back in February, but they were getting buttfucked hard by attrition and low work for a couple years before that. They were a small satellite office that grew recklessly before collapsing again, and only had 8 attys by the end.
The other one you're thinking of is Luce Forward, the true hometown brand-name SD firm. They got bought/absorbed completely into McKenna. Luce's foremost problem wasn't a work slowdown; they invested the partnership's money into hotel and real estate deals that went belly-up (I believe they were heavily into the W, which went bankrupt in summer 2009 or 2010) and faced a liquidity crisis they couldn't quite pull out of. |
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Date: September 15th, 2012 9:42 PM Author: Startled Trip Home sounds like hilarious Boomer behavior to me (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21588701) |
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Date: September 15th, 2012 9:45 PM Author: violet stimulating patrolman church building luce forward - that must have been recent right? did they lay any one off? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21588718) |
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Date: September 15th, 2012 8:18 PM Author: Razzmatazz site :( (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21588148) |
Date: September 15th, 2012 5:43 PM Author: Pink bespoke whorehouse gay wizard wtf..more details please.
im starting in October...how fucked? |
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Date: September 15th, 2012 5:43 PM Author: violet stimulating patrolman church building what made you go with latham (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586864) |
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Date: September 15th, 2012 5:45 PM Author: Pink bespoke whorehouse gay wizard other offers i got were shitty firms, liked the people there, thought layoffs wouldnt happen again (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586880) |
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Date: September 15th, 2012 5:45 PM Author: twinkling exciting center mad cow disease (rihanna) (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586884) |
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Date: September 15th, 2012 5:46 PM Author: big alcoholic dog poop (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586891) |
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Date: September 15th, 2012 5:49 PM Author: hyperventilating lake menage (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586919) |
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Date: September 15th, 2012 5:55 PM Author: hairraiser nowag This was a GREAT poast. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586972) |
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Date: September 15th, 2012 6:03 PM Author: Carnelian nubile step-uncle's house (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587028) |
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Date: September 15th, 2012 6:19 PM Author: Motley yellow parlor police squad 180 (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587161) |
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Date: September 15th, 2012 9:43 PM Author: Startled Trip Home 1 fucking 80 (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21588704) |
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Date: September 15th, 2012 10:27 PM Author: Mildly autistic shrine (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589094) |
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Date: September 15th, 2012 10:28 PM Author: 180 faggot firefighter (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589099) |
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Date: September 15th, 2012 10:38 PM Author: mind-boggling violent heaven 180 (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589182) |
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Date: September 15th, 2012 10:48 PM Author: Vibrant sapphire kitchen am i the only person who doesn't get this (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589263) |
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Date: September 15th, 2012 10:51 PM Author: salmon library abused victim rationalizing staying with her abuser. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589285) |
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Date: September 15th, 2012 11:57 PM Author: Rusted Soul-stirring Station (probably an awesome person to be friends with) (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589958) |
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Date: September 16th, 2012 8:52 PM Author: frisky native http://www.xoxohth.com/thread.php?forum_id=2&thread_id=1112577 (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21595844) |
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Date: September 15th, 2012 10:56 PM Author: Indigo circlehead (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589338) |
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Date: September 15th, 2012 11:57 PM Author: Rusted Soul-stirring Station LOL (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589955) |
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Date: September 16th, 2012 6:04 PM Author: Brilliant Beady-eyed Background Story 180 (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21594519) |
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Date: September 16th, 2012 7:49 PM Author: Slimy Locale (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21595292) |
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Date: December 4th, 2012 12:15 AM Author: twinkling exciting center mad cow disease (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#22163501) |
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Date: February 20th, 2013 12:02 PM Author: ocher preventive strike dilemma (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#22675383) |
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Date: February 20th, 2013 12:04 PM Author: Chrome School Cafeteria WAHAAA! (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#22675406) |
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Date: December 22nd, 2014 7:53 AM Author: twinkling exciting center mad cow disease (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#26979388) |
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Date: September 15th, 2012 5:43 PM Author: Wine temple What office? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586865) |
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Date: September 15th, 2012 5:43 PM Author: Pink bespoke whorehouse gay wizard NYC (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586867) |
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Date: September 15th, 2012 5:44 PM Author: gaped cracking hall WTF would you go there? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586871) |
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Date: September 15th, 2012 5:44 PM Author: twinkling exciting center mad cow disease jesus fucking christ, bro. i always wondered what you new latham associates were thinking. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586873) |
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Date: September 15th, 2012 5:45 PM Author: brass brethren they will probably latham midlevels, my guess is ur ok for a year (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586887) |
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Date: September 15th, 2012 5:46 PM Author: Razzmatazz site (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586890) |
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Date: September 15th, 2012 5:46 PM Author: Wine temple Yep. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586894) |
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Date: September 16th, 2012 12:25 AM Author: Ivory Fantasy-prone Chad wtf? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21590157) |
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Date: September 15th, 2012 5:46 PM Author: violet stimulating patrolman church building what comment (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586896) |
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Date: September 15th, 2012 5:49 PM Author: Pink bespoke whorehouse gay wizard what did she say? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586914) |
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Date: September 15th, 2012 5:53 PM Author: Pink bespoke whorehouse gay wizard Should i be sending my resume around? starting in NYC in a month (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586952) |
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Date: September 15th, 2012 6:04 PM Author: Wine temple I did not hear anything specific about NYC, so I would not worry quite yet. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587043) |
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Date: September 15th, 2012 5:55 PM Author: opaque flirting field national security agency Glad I turned them down. The whole "unassigned associate" thing gave me the heebeejeebees. I interpreted that as "auto-layoff". (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586968) |
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Date: September 15th, 2012 5:56 PM Author: hairraiser nowag The BIGLAW model is not dead brother. Our numbers are all up again this year. 3rd year in a row. Lattham is just a TTT who would light associates on fire if it got the partners one more lawn ornament each year. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586982) |
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Date: September 15th, 2012 6:00 PM Author: brass brethren Bro obviously some run of the mill amlaw 100 firms will be doing better this year, but that is largely a result of the rainmakers having good years. Firms with models like DLA Piper, Baker Mackenzie, Mayer Brown etc... are effectively failing. Top tier shit like Irell/MTO/Keker, V20, the Boies and Susman firms, will still work. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587006) |
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Date: September 15th, 2012 6:01 PM Author: hairraiser nowag You sound like you know shit bro. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587010) |
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Date: September 15th, 2012 6:08 PM Author: vivacious obsidian regret Latham is nothing if now a v20 firm. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587062) |
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Date: September 15th, 2012 6:12 PM Author: wonderful ruddy business firm really tough guy Describe why the DLA/Baker/MB model is flawed, bro. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587097) |
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Date: September 15th, 2012 6:17 PM Author: opaque flirting field national security agency Not sure I'd put MB in with those two. Maybe winston and katten. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587142) |
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Date: September 15th, 2012 6:43 PM Author: brass brethren MB has like 3-4 good offices, the rest are complete shit (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587344) |
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Date: September 15th, 2012 6:55 PM Author: opaque flirting field national security agency Chicago, DC strong. London basketcase. Asia good. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587417) |
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Date: September 15th, 2012 6:58 PM Author: brass brethren Palo Alto is also strong (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587438) |
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Date: September 15th, 2012 7:09 PM Author: opaque flirting field national security agency (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587515) |
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Date: September 15th, 2012 7:10 PM Author: Tantric Chestnut Parlour Immigrant ive heard bad things about the LA office, partners looking to lateral, etc (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587530) |
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Date: September 15th, 2012 5:58 PM Author: odious incel voyeur I went to Chicago on business, and I met up with an associate (former classmate) trying to lateral within the Chicago market. Told me that recruiter mentioned, "Thank God you are not a litigator. There is no movement for midlevel lits out there (Chicago)." (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21586996) |
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Date: September 15th, 2012 6:21 PM Author: scarlet corner Explain why lit associates would fall in demand but corporate associates would not. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587181) |
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Date: September 15th, 2012 6:24 PM Author: mentally impaired hominid french chef (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587212) |
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Date: September 15th, 2012 6:40 PM Author: scarlet corner (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587329) |
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Date: September 15th, 2012 6:47 PM Author: brass brethren run of the mill biglaw lit is dying.
we are too expensive for what we do to begin with, we are all at these massive bloated firms where we bill the shit out of clients to pay our armies of service partners $350k to do work midlevels could do.
increasingly, we are losing the big clients where we can grind our 8-10 hours of billables a day, and are getting put a bunch of low level shit, like seriously low level-i have cases now where the client is getting sued for $1MM. LOL. it makes no fucking sense for me and a partner to bill the fuck out of a client like this for a case like this. but we are caught between trying to make 2000 hours and trying to keep clients happy |
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Date: September 15th, 2012 7:16 PM Author: Cheese-eating Magenta Internal Respiration whats a service partner? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587602) |
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Date: September 15th, 2012 7:35 PM Author: odious incel voyeur A "service partner" is a partner that is a glorified associate. In other words, this individual is very good at what he/she does but does not have a large enough of a book of business to become an equity partner. So, the equity partner gives work to a service partner/senior associate, who then distributes the work among the lower associates. Because the work is drying up, however, the service partners are keeping more and more of the billable work (as a result, there is fewer hours trickling down to lower associates). (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587794) |
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Date: September 15th, 2012 7:37 PM Author: Cheese-eating Magenta Internal Respiration thank you (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587807) |
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Date: September 15th, 2012 7:38 PM Author: Cheese-eating Magenta Internal Respiration how do youmsuccessfully build up a book of business as an associate? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587812) |
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Date: September 16th, 2012 1:06 AM Author: emerald chest-beating blood rage nursing home You don't. No one has a book of business as an associate. Almost no partners have books of business. And tbf if you have to ask, you won't ever be building one up. It's solely the ability of the beswagged. |
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Date: September 15th, 2012 7:42 PM Author: Razzmatazz site You're confusing a service partner and equity status. The first is defined by whether they bring in business and the second by their status in the partnership. A service partner can be an equity partner and often is. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587845) |
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Date: September 15th, 2012 10:12 PM Author: Ivory Fantasy-prone Chad This is either box, blue smoke or nutella. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21588941) |
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Date: September 16th, 2012 12:45 AM Author: rose irradiated stage What's the incentive for a firm to make someone an equity partner with no book of business? If you are so good that people actually know about you, then you would have a book of business. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21590267) |
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Date: September 18th, 2012 3:42 PM Author: Geriatric tanning salon If you don't, some other firm might if the person is good. It's not at all uncommon for someone to have a very strong reputation with clients at that point but not be originator/proliferator on the matters at the moment - but the expectation is that in the future they will be. They're trying to project future business generation (and maintenance of existnig clients as other partners move on), not basing solely on current. |
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Date: September 16th, 2012 9:19 PM Author: odious incel voyeur This distinction is noteworthy. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21596062) |
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Date: September 15th, 2012 7:33 PM Author: odious incel voyeur Yea, this is my understanding as well. My current firm is now taking on various types of litigation that we previously did not take on. In addition, the clients at my previous firm (BigLaw) are coming over to this smaller firm for more and more of their legal work. (Note: I am not in litigation.)
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Date: September 16th, 2012 12:43 AM Author: rose irradiated stage cr. it's really weird out there. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21590256) |
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Date: September 15th, 2012 6:08 PM Author: Hideous bawdyhouse hey, u in nyc office? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587064) |
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Date: September 15th, 2012 6:08 PM Author: hairraiser nowag What was the meme back in 08/09 about Latham's managing partner in LA? That shit was funny. I think it had to do with him spending money on himself/wife. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587065) |
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Date: September 15th, 2012 6:10 PM Author: Razzmatazz site There was some puff piece in the local paper where he was bragging about how much he spends. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587086) |
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Date: September 15th, 2012 6:14 PM Author: Painfully honest mediation He was caught Christmas shopping or some shit on Rodeo Drive right? While the layoffs were around the corner?
I only remember all the Robert Dell shit |
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Date: September 15th, 2012 6:17 PM Author: hairraiser nowag Yeah, he had a crazy quote and everyone started doing Bob Dell ... threads, but I can't remember the meme. Something about Barney's maybe? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587148) |
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Date: September 15th, 2012 6:19 PM Author: Pink bespoke whorehouse gay wizard wasnt it tiffanys? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587159) |
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Date: September 15th, 2012 6:20 PM Author: hairraiser nowag Maybe. My memory is shit bro. Too much weed. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587175) |
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Date: September 15th, 2012 6:23 PM Author: hairraiser nowag See link below, it was Flagel from Latham at Barney's. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587206) |
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Date: September 15th, 2012 6:18 PM Author: Citrine love of her life casino flagel? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587151) |
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Date: September 15th, 2012 6:18 PM Author: hairraiser nowag Continue. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587153) |
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Date: September 15th, 2012 6:20 PM Author: Citrine love of her life casino http://abovethelaw.com/2009/12/hope-for-mega-bonuses-at-latham-watkins/
http://www.xoxohth.com/thread.php?thread_id=1164717&forum_id=2 |
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Date: September 15th, 2012 6:19 PM Author: Painfully honest mediation http://abovethelaw.com/2009/12/hope-for-mega-bonuses-at-latham-watkins/ (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587156) |
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Date: September 15th, 2012 6:20 PM Author: pale wrinkle persian what a piece of shit (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587174) |
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Date: September 15th, 2012 6:23 PM Author: hairraiser nowag Bro, that was after they had laid off hundreds of staff and associates. When that boomer fuck dies, he will be in the basement of Hell with Hitler, Stalin, Ted Bundy and Bill Belichick. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587199) |
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Date: September 15th, 2012 6:25 PM Author: pale wrinkle persian fuck. i mad, oh i mad. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587217) |
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Date: September 15th, 2012 6:25 PM Author: hyperactive karate pit more like ir8 (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587219) |
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Date: September 15th, 2012 6:27 PM Author: pale wrinkle persian lol (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587226) |
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Date: September 15th, 2012 6:28 PM Author: hairraiser nowag I just googled the fuck and the above thread still comes up on the first page. That made me happy. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587237) |
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Date: September 15th, 2012 6:16 PM Author: Painfully honest mediation LW's lit department was never that great, right? Seems like most of the action in CA right now is IP Lit and LW is probably not the go-to firm for that kind of work. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587135) |
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Date: September 15th, 2012 6:48 PM Author: brass brethren LW IP lit is still good, but LW gen lit isnt any better than baker mackenzie (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587379) |
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Date: September 15th, 2012 9:48 PM Author: Startled Trip Home yeah, IP lit is good everywhere, from what i can see (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21588730) |
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Date: September 15th, 2012 6:19 PM Author: hyperactive karate pit (MoFo litigator roffling...slams macbook...reaches for glenlivet) (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587163) |
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Date: September 15th, 2012 6:33 PM Author: stirring institution dysfunction Has the high leverage doc review model of "litigation" started to dry up? IIRC that was the bulk of their lit practice, so if this is moving to cheaper firms, not surprised they might be cutting back. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587273) |
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Date: September 15th, 2012 6:49 PM Author: brass brethren most of the "bet the company" work that sustained the biglaw model is moving to a few select firms, and ttt firms like Stroock, DLA Piper, etc... cannot compete for that business anymore. Yet they are paying market rates for associates. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587387) |
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Date: September 15th, 2012 6:54 PM Author: stirring institution dysfunction Who does bet the company non-IP work? Cravath and W&C? (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587415) |
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Date: September 15th, 2012 6:56 PM Author: brass brethren I would say:
v20, W&C level firms, Quinn irell/mto/w&c/keker prestigious "boutiques" |
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Date: September 15th, 2012 7:26 PM Author: Useless Multi-billionaire Doctorate MBS lit is drying up. I have no clue if Latham had a toe ion the MBS pool though. This will hurt biglaw in general. We need another financial scandal to rile up the mass tort lawyers. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587700) |
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Date: September 15th, 2012 11:55 PM Author: drab bull headed range tattoo I know Quinn for one was balls deep in MBS lit. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21589940) |
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Date: September 15th, 2012 6:50 PM Author: Snowy Diverse Brunch Volcanic Crater fool me once...
remember latham lathamed 50% of their first year class. by far the worst offender. |
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Date: September 15th, 2012 6:51 PM Author: hairraiser nowag Bro, they fired over 500 associates in 08 and 09.
Not to mention staff. Guess how many partners they kicked out. FUCKING GUESS. |
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Date: September 15th, 2012 7:22 PM Author: razzle box office my guess is a number of bitter fucks who get dingfag'd by these firms like to talk shit to "get back" at the firm or whatever. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587660) |
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Date: September 15th, 2012 7:23 PM Author: twinkling exciting center mad cow disease (latham midlevel) (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587669) |
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Date: September 15th, 2012 9:50 PM Author: Startled Trip Home (bitch) (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21588743) |
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Date: September 16th, 2012 12:47 AM Author: rose irradiated stage probably quite a few got the run around. just a lot lower profile. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21590275) |
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Date: September 15th, 2012 7:40 PM Author: Dashing Olive Trump Supporter Point I met recently with a couple of partners at one of the top firms in major market. One that's supposed to be healthy. I was surprised when they casually mentioned delaying first years a few months. Asked if it was another economic slowdown. They said no, more about too much competition, being too expensive and losing biz to smaller cheaper firms, etc. they were pretty non chalant about it since they were boomers who already got theirs. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21587837) |
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Date: September 16th, 2012 12:50 AM Author: rose irradiated stage I think so many biglaw senior associate defectors have opened up their own small shops and slashed their prices that its starting to hurt. Why go to a big firm and pay 2x as much when you know you will be getting the same quality of work. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21590288) |
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Date: September 16th, 2012 6:07 PM Author: offensive razzle-dazzle sanctuary Not only this, but greedy partners have raised firm rates so high that it's impossible to bring in those smaller clients. A small fund that does $5-30m deals isn't going to use a law firm where the attorneys are all $500-1000 per hour. This has the dual effect of making it hard for senior associates to bring in work and limiting the types and number of clients a firm has. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21594548) |
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Date: September 15th, 2012 10:36 PM Author: seedy hospital -isn't corporate work slow? not a lot of dealflow and ibanks are in the shitter -figured there'd still be a lot of DOJ/SEC investigations keeping white collar ppl busy -ip lit is booming, but that's its own niche
fyi, I know a junior who lateraled to latham recently in SF/SV from another V10, for general lit
I also had a lateral offer there for IP in the past year. Didn't take it cuz their IP group is really in flux and just starting out. They've never really recovered from losses to Quinn and K&E a few years ago
Can't speak to how it's doing now. General lit folks at my V20 seem reasonably busy
Also, surprised they are slow relative to headcount. Figured they never made up ground for the massive ITE cuts when they went from 2300 lawyers to 1700 |
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Date: September 16th, 2012 1:10 AM Author: emerald chest-beating blood rage nursing home securities (non-lit) partner friend of mine has been busy as fuck this year as per a conversation a couple days ago (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21590362) |
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Date: September 16th, 2012 12:16 AM Author: emerald chest-beating blood rage nursing home (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21590083) |
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Date: September 16th, 2012 4:07 PM Author: effete plaza milk (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21593672) |
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Date: September 16th, 2012 5:45 PM Author: twinkling exciting center mad cow disease (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21594384) |
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Date: September 16th, 2012 6:03 PM Author: dun rigor den http://xoxohth.com/thread.php?thread_id=1217260&mc=33&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21594509) |
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Date: September 16th, 2012 6:11 PM Author: Brilliant Beady-eyed Background Story Your moniker is one of the best on this board.
http://www.xoxohth.com/thread.php?thread_id=949352&forum_id=2 |
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Date: September 16th, 2012 6:47 PM Author: Geriatric tanning salon Weird flame. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21594913) |
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Date: September 16th, 2012 9:03 PM Author: Pearly Pocket Flask I've heard rumors of people being let go at Latham and other firms over the last 6 months. Not in your city, though. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21595933) |
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Date: September 17th, 2012 2:18 AM Author: Geriatric tanning salon Pace numbers are fine. All firms dump crappy associates. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21598274) |
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Date: September 18th, 2012 3:06 PM Author: Tan indecent theatre Latham is moving offices in SD but I haven't heard anything about layoffs.
They're consolidating their downtown office and Del Mar office into one. Moving into a brand new building in Del Mar, supposedly with a bunch of floors.
This isn't that suprising, a variety of firms have either been moving into Del Mar offices or closing their Del Mar offices and moving the whole thing downtown. However, it seems the general trend is to move to Del Mar as it's a more central hub to biz in San Diego as well as North County, and closer to Orange County/LA.
Plus most partners live in Del Mar/La Jolla and that extra 15 minute drive must make them ir8. |
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Date: September 18th, 2012 3:26 PM Author: Geriatric tanning salon There's a pretty mad scramble for the guest offices in the North County offices on Fridays when the partners don't want to drive downtown. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21608290) |
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Date: September 18th, 2012 3:27 PM Author: appetizing garrison ATL should've linked this thread, not the flame one (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21608300) |
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Date: September 18th, 2012 3:31 PM Author: Vermilion address where's the ATL link? I can't find it. (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#21608322) |
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Date: July 2nd, 2013 6:09 PM Author: Bateful Crackhouse Friendly Grandma (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#23525154) |
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Date: February 16th, 2016 7:16 PM Author: laughsome ungodly hell (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#29845544) |
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Date: July 2nd, 2013 6:11 PM Author: Wine temple Latham bro here: Chicago/DC offices have been rumored for months as targets, especially first years (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#23525159) |
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Date: July 3rd, 2013 1:12 AM Author: Geriatric tanning salon (guy who doesnt know the pace numbers) (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#23529177) |
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Date: July 3rd, 2013 1:25 AM Author: aphrodisiac insane sweet tailpipe lol, flame was good until "especially first years" (http://www.autoadmit.com/thread.php?thread_id=2053386&forum_id=2#23529247) |