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Nationwide Start Date Watch: Powell Goldstein

Powell Goldstein LLP Powell Goldstein Frazer Murphy.jpgWe continue to monitor deferred start dates for incoming associates at the nation’s largest (i.e., Am Law 200) law firms. If you’re aware of any such firm that has pushed back start dates for first-year associates and hasn’t been mentioned in these pages before, please drop us a line (subject line: “Nationwide Start Date Watch”).

The matter of start dates may seem trivial. But it’s one way of figuring out which firms are struggling in the tough economic climate. Some firms have pushed start dates into 2009 in order to cut costs.

Last month we broke the news of layoffs at Powell Goldstein. Now we hear this, from a tipster:

Powell Goldstein in Atlanta just pushed back start dates for associates until January 5, 2009. To make matters worse, not all starting associates were pushed to January — a few “favorites” are still starting on time in September. It seems that people are very upset at the way things are being handled, and really resent the preferential treatment. There is also a rumor that the associates will be paid $2,500 / month until they start work in January.

Yesterday we sought comment on this from James J. McAlpin, Jr., chairman of Powell Goldstein, who previously confirmed the layoff news for us. He has not gotten back to us as of the time of this posting. If he or anyone else from the firm does, we’ll update the post accordingly.

If it’s true that some PoGo associates have had their start dates pushed back while others have not, is it surprising? One ATL reader in ATL thinks not:

I have heard from my friends that PoGo, like King & Spalding, has an “all-star system” by which associates designated (informally) as “PoGo All-Stars” get preferential work assignments and projects. [So having] some people starting on time and some people being delayed…. doesn’t strike me as being outside the realm of possibility. Short-sighted for sure, but who really knows what the thinking is at PoGo.

If you have more information about the Powell Goldstein start date situation, please email us. If we’ve made any errors or omitted anything material, we will revise this post as soon as we’re notified of it (by email; anonymous comments don’t have the same reliability and accountability). Thanks.

Earlier: Nationwide Layoff Watch: Powell Goldstein

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