http://associatespeak.com/2009/11/02/its-the-economy-stupid/ A forum for associates to speak out about law firm issues Tue, 20 Mar 2012 07:14:50 +0000 hourly 1 http://wordpress.com/ http://associatespeak.com/2009/11/02/its-the-economy-stupid/#comment-66 Tue, 24 May 2011 09:39:49 +0000 http://associatespeak.com/?p=114#comment-66 It was dark when I woke. This is a ray of shusnine.

]]> http://associatespeak.com/2009/11/02/its-the-economy-stupid/#comment-13 Mon, 02 Nov 2009 18:38:26 +0000 http://associatespeak.com/?p=114#comment-13 I heard that Cravath has been doing stealth layoffs for a while now, and their 2009 class is being paid $80k to defer to 2010.

]]> http://associatespeak.com/2009/11/02/its-the-economy-stupid/#comment-12 Mon, 02 Nov 2009 18:33:32 +0000 http://associatespeak.com/?p=114#comment-12 In January, my firm was doing stealth layoffs but characterizing them as the “usual” firings associated with year-end reviews. By February, the partners had realized they had to let go of more people and couldn’t hide behind the “for cause” shield. They RIF’d about another 200 lawyers in late Feb.

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