seventy-fifth!

If W&C is looking to acquire them for their syndicated finance practice, they may be in for rude awakening.

1:55,

Why is that?

Because of the credit crunch! Duuuuhhhhhh!

moore & van who?

Oh yeah! (Duh) Because finance is dead forever! I am so stupid...

2:03: Darn, I was hoping for something firm-specific and salacious.

Like "She's a man, man!"

Moore Van Allen has a great reputation in the South and they are widely respected in regard to their corporate practice.

I do not comment on threads of this kind.

2:25 - Classic.

2:06: http://www.loanpricing.com/analytics/league_table_legal.htm

So does anybody know anything? I thought the tipster would at least provide more substantive information than this (league tables and ... well, nothing).

Apparently, this "rumor" has gone around before and has always turned out to be, well, a rumor.

What did the White & Case spokesbitch mean by "inquires of this kind?" Inquiries from pinko liberal bloggers? What a bitch.

From what I heard, MVA didn't make offers to several summers who were in groups other than finance. This seems to indicate either that those groups are struggling or that the firm needs to reevaluate it recruiting process. Assuming the former, and considering the flow national firms into Charlotte (MB, Dewey, K&S, Dechert, Cadwalader, A&B, Hunton (others?)), it seems likely that someone is going to pluck off MVA's finance group, gutting the firm's revenues and leaving the less profitable practices behind. Whether that someone is W&C remains to be seen.

The WC/MVA rumor is completely untrue.

MVA's practice is booming. It made 26 offers to a summer class of 28. Of those, 20 were in practice areas other than finance.

You are either lying, or incredibly misinformed.

Most negative recruiting is a little more subtle. Why don't you work on your approach and come back later.

The WC/MVA rumor is completely untrue.

MVA's practice is booming. It made 26 offers to a summer class of 28. Of those, 20 were in practice areas other than finance.

You are either lying or incredibly misinformed.

Most negative recruiting is a little more subtle. Why don't you work on your approach and come back later.

The WC/MVA rumor was the WC/KC rumor a few weeks ago. I would guess WC put a couple of feelers out there and nothing else. I'm not at MVA but I am in Charlotte and I haven't heard anything to indicate MVA is in any kind of trouble.

MVA doesn't need to be in any trouble to want to hook up with WC.

The 26 offers dont mean much. Historically only 1/3 accept.

1. You're are wrong on your historical numbers.

2. More than half of the responses to last summer's offers so far have been acceptances.

3. What firm are you with? Why don't you try posting something positive about it rather than making up something negative about another firm. In my experience, badmouthing competition is a real sign of weakness.

Why are MVA people always so touchy?

4:46 - lolz! "More than half of the responses to last summer's offers so far..." I have news for you, genius. It's the people who know they are going to accept who respond early. The people who wait to respond are far, far more likely to decline, because the reason for their delay is likely that they have been reinterviewing in hopes of getting away from the rancid TTT that they summered at.

MVA is an interesting case. It's undeniable that they have absolutely mopped the floor with their homegrown competiton (KC, HMW, et al) in terms of garnerning high end work. But it's much less clear that they'll continue to be able to hold their own against the lengthening list of national firms coming to town. I guess we'll see.

Is there any truth to the roomer?

absolutely no truth to the rumour.

What 347 said is true. MVA is notorious for no-offers. Their non-finance groups are not strong at all. Plain and simple, they're a finance firm.

All is not as it seems at that place.

MVA has hired 37 laterals this year. Only 16 of which have been to the finance group. I'd say all practice areas are fine.

I don't get the impression that MVA is struggling.

However, it is worth noting in response to the MVA troll (4:05, 4:46), that because MVA makes offers through specific practice groups, the fact that the firm gave 26 out of 28 offers means little without knowing how many of those offers were from practice groups the summers wanted to be a part of.

That is to say: no offer to first choice group = cold offer. And MVA is known for doing that.

Could there be an MVA attorney trolling these comments...????

There were 2 no offers, and few (maybe 3) "cold offers". I don't see how that is particularly relevant here, though. Anyone have substance to add to the acquisition rumor?

Yeah, it's not true. There are always rumors about MVA because of how well they do, particularly in Charlotte. But this rumor is false.

Firms not giving out offers can be a sign of many things, most not good. MVA purports to be a top-tier firm; how many other top-tier firms no-offered or cold-offered that many people?

Funny, one of the two "cold" offers already accepted. The other is still outstanding.

By top tier, do you mean firms paying at least $145K to start? Do you mean ranked in the AmLaw 200? How do you define it?

Forget the MVA rumors, KC has lost at least 18 lawyers to Atlanta-based firms in the past couple of months. Is that a phenomenon that is limited to them, or is it a sign of things to come for all Charlotte-based firm.

The issue, particularly as highlited by the KC defections, is that they have talented associates/partners, who are sick of being held down by the lack of "infrastructure" offered by local firms. It is well known to the associates in Charlotte that by moving from KC to A&B, most associates got fat signing bonuses and also received salaries that averaged $20,000 more than what they made at KC. It's logical for the more talented groups/individuals to seek firms that reward them for their skills and that also provide them with a proper platform to expand their practices. As for the MVA rumors, it's possible that a faction within the firm is looking to later out (much like the KC group). I have heard W&C, btu I have also heard other national names mentioned.

Lat,

Did Moore & Van Allen ever answer?