Why are they doing this??

Presumably, they don't want real estate and securitization rejects.

T-T-T.

That is all.

I saw an associate on that firm's website who was summa at NY Law School. Is that perception of that school really so poor that one of their top grads has to take a job paying $60k?

Wait, the email states:
we are not going to be accepting resumes for Cadwalader candidates.

The key word is "for" as in we are not accepting resumes FOR Cadwalader (because they're too busy firing and not hiring). It would be news if it said "from" as in "we are not accepting resumes FROM C because we are elitist prigs."

6 - Technically, that seems right, but the email came from some recruiting dufus who more than likely doesn't comprehend the difference between "for" and "from" in this context.

6 - you are reading way too much into the word choice. Your reading makes no sense. None. Think.

8 = recruiting dufus

this is hilarious!! - i love it

there is some guy from NY Law School at Cleary ... what were they thinking??!!

I hope they all supported the Iraq war.

If they are looking for laterals, Duval & Stachenfeld doesn't need the recruiter in this case. Everyone knows that these Cadwalader rejects are on the street. Why pay recruiter fees when you can contact the candidates directly?

Also - #10 - I'd rather be a NY Law School at Cleary grad with a job than a jobless Cadwalader alum competing with 130 of my former colleagues for a job.

A friend from my high school didn't get hired by D & S. It was no big deal. That's what she said.

I dont understand why a firm would make a statement like this. If they're taking this position on the CWT folks, why not just say no to CWT candidates on an individual basis, rather than issue a blanket decline that would undoubtedly hurt you with all other applicants once they find out how insensitive you are? All risk, no reward, imo.

#8 on previous post to ATL Idol winner

“Explains the firm’s chairman, Christopher White: “There was a bubble, we rode that bubble, it contracted, and we adjusted. Even knowing what I know now, I wouldn’t have changed a thing.” Though he also acknowledges the downside of a potential reputation hit. “There’s no doubt that this is going to have an impact on our recruiting,””

Wow, what a monster of a human being chris white is.

“Explains the firm’s chairman, Christopher White: “There was a bubble, we rode that bubble, it contracted, and we adjusted. Even knowing what I know now, I wouldn’t have changed a thing.” Though he also acknowledges the downside of a potential reputation hit. “There’s no doubt that this is going to have an impact on our recruiting,””

Wow, what a monster of a human being chris white is.

“Explains the firm’s chairman, Christopher White: “There was a bubble, we rode that bubble, it contracted, and we adjusted. Even knowing what I know now, I wouldn’t have changed a thing.” Though he also acknowledges the downside of a potential reputation hit. “There’s no doubt that this is going to have an impact on our recruiting,””

Wow, what a monster of a human being chris white is.

"Wow, what a monster of a human being chris white is."

ZOMG WHAT A MONSTER HE WOULDN'T PAY ME TO DO NOTHING!

When have any of you paid someone $10 (never mind $200,000) to do nothing?

This is such a poorly constructed email; Bryan Garner would cry if he saw it.

If I was the Cadwalader candidate to whom this email was addressed, I'd have replied:

Dear [Recruiting Contact],

I took the liberty of correcting your slipshod prose. I am sure you meant to say: "Thank you for contacting the firm. Please note we not accepting resumes from Cadwalader candidates."

That said, I would like to thank you for the email. A barely literate rejection gives me a smug satisfaction that I will not be working at your TTT firm.

Take care,
Cadwalader Ex-pat

#12's theory makes the most sense - its not that they categorically don't want to hire any Cadwalader alums, its just that they don't want to pay a recruiter to refer people who are knocking on their door anyway.

Its like the way real estate developers sometimes don't want to deal with buyers represented by brokers - if they can sell their new houses directly to the public, they don't want to go through a broker who will get paid a commission.

That'll show'em 20!

What pathetic and desperate losers.

14: read 12's post. I think he's on the money when he says that they don't need recruiters to find them CWT candidates. They can go through them directly, without the added recruitment contingency fees.

I would rather have the top school degree than NY Law at Cleary. When the economy picks up, as it surely will once Obama is elected, the former will be advantaged.

Finally, this firm doesn't poach from top schools or firms at the partnership level. Most of its partners aren't HLS/YLS/CLS types.

BREAKING NEWS
AK-47 revealed to be M. Ryan of Austin TX

21: how many people can they hire, anyway? It's a small firm. Besides twenty partners and another dozen associates, who can they fit on their roster? They're not going to make the CWT people equity partners at this stage.

“ZOMG WHAT A MONSTER HE WOULDN'T PAY ME TO DO NOTHING!”

Hi chris white!

I have no doubt that you don’t see anything wrong with “riding” a bubble again with the full intention of firing most of those associates.

20: "we not accepting resumes"?

Me not accepting grammar advice from douchebag.

Rule of thumb: proofread twice. If criticizing someone else's grammar or writing, proofread more. Else you wind up looking like an idiot. But you already know that, don't you?

"When the economy picks up, as it surely will once Obama is elected" made me spit out my coffee. Yes, higher taxes and higher energy prices are a great recipe for jump-starting the economy.

'I have no doubt that you don’t see anything wrong with “riding” a bubble"

ZOMG WHAT A MONSTER HE WANTS TO TAKE ADVANTAGE OF AN OPPORTUNITY!

Matthew C Ryan = AK-47?

Adjunct Professor

JD 1997, University of Texas at Austin
BA 1990, University of Vermont

Matt Ryan teaches courses on Construction Law and Construction Litigation. He is a partner with Allensworth and Porter, LLP, an Austin construction law firm, and he represents construction industry participants in dispute resolution, contract review and negotiation, lien and bond claims, regulatory matters, administrative claims and appeals, and other issues. His practice also includes a particular focus on representing design professionals on disciplinary matters before the Texas Board of Architectural Examiners and the Texas Board of Professional Engineers. Mr. Ryan is a member of the Governing Council of the Construction Law Section of the State Bar of Texas during 2007 through 2010. He has delivered multiple papers and speeches to that Construction Law Section at its annual conference, and to various other groups throughout his practice. He has also been selected by his peers as a “Super Lawyer” in Construction Law by Texas Monthly magazine. He has served as the Secretary-Treasurer, Vice-Chair, and Chair of the Austin Bar Association Construction Law Section, and he led the Austin Bar’s Breakfast with the Judiciary event from 2004 to 2006. Additionally, he has served as the Chair of the Austin Young Construction Lawyers from 2004 to 2006, and he directed and chaired the Basic Course in Construction Law for the State Bar’s Construction Law Section in 2006. Prior to entering law school, Mr. Ryan worked in the Russian-language field and focused particularly on the program bringing approximately 50,000 refugees from the former Soviet Union, through the U.S. Department of State and Immigration and Naturalization Service. Mr. Ryan received a Bachelor of Arts degree in Political Science from the University of Vermont, and he received his law degree from The University of Texas at Austin School of Law, where he served on the Texas International Law Journal. Immediately after law school, he served as a law clerk to the Honorable Michael S. McDonald, United States Magistrate Judge for the Western District of Texas, El Paso Division. He is licensed to practice law in Texas and Massachusetts.

28: I thought that investor confidence would restore the sagging market, particularly the Dow Jones, but your focus on speculative "higher" taxes and energy prices might be warranted.

Hah. I've worked with people from Duval & Stachenfeld. Given that most of their associates appear to have IQ's hovering in the mid-70's range, they shouldn't be turning anyone away.

Careful #30--the irony might be that you're wrong and ATL will have to disclose your IP information for a defamation suit.

I'm kidding... sort of. Does anyone have a link yet?

Liberals will jsut never get it. INVESTORS HAVE NO CONFIDENCE IN DEMOCRATS. The idea of Democrats taking power always drives the stock market lower. Investors understand that Democrats are anti-business, anti-progress, and anti-economic growth. They have no problem shutting down the whole economy over speculative "global warming" hysteria and threats to polar bears.

32: Of course, because higher IQs contribute to better lawyering, and even better rainmaking. And their clients covet people with higher IQs. Now, why don't you go back to the LSAT and learn about assumptions?

<-- felt like making a snarly reply.

Bryan Garner to ATL Idol Judge!

34: there have been studies -- to which, unfortunately, I am too lazy to link -- that demonstrate the economy has always been better under democratic presidents, since the early 1960s.

You're wrong, quite frankly. I'm not sure how to dispute your claims without more empirical evidence, but I think that others will corroborate my claims.

I would like to ask the OP, Lat, to take down any comments that may impugn the reputation of any attorney who may have been a participant in a message board. Let's save those postings for elsewhere, okay?

Where is the wall-to-wall coverage of Judge Halverson suing the comission in federal court?

Where is the wall-to-wall coverage of Judge Halverson suing the comission in federal court?

Is NYLS really that poorly regarded?

37- you are correct. There is a very recent study on this, though no one could say exactly why it's the case. On a side note, I love that conservatives are predicting higher energy prices if Obama wins when energy prices are through the roof under the current administration. Kind of a "heads I win, tails you lose" argument.

37, 41 -

I think this is the in-depth study you were referring to:
http://cagle.com/working/080801/greenberg21.jpg

Suckas... you are nothing more than a number to the partners. Ha!

34 - Jackass. That 'Economics 101' argument is about as convincing as the 'Civics 101' argument for the importance of voting in modern elections.

42 - Comedy.

Could I get a clarify, here? I was (apparently) mistaken in my understanding of what a boutique firm is. My understanding was that it was a smaller firm that specialized in one or two profitable practice areas, like litigation and real estate. With nine practice groups, would they still be a boutique law firm?

Hi,
CWTNNA,
thanks.

34:

http://stockcharts.com/charts/historical/djia19802000.html

in 1992, the Dow was at around 3,000. In 2000, it was around 11,500. Now -- I know this is a stretch for you -- but try to guess who was president during those 8 years. Go ahead, just give it a shot. You can do it!

47: very specious reasoning. I would be more interested in discussing the expansion of the Dow Jones and its relation to a Republican Congress. :)

Iraq is the problem. Not GW.

#20:

You're going to criticize the firm rep's poor grammar by sending them a letter with its own grammatical mistake? That'll show 'em!

Why would this firm take such a harsh position regarding CWT candidates? The headhunter would presumably have a relationship or at least the knowledge that the firm is looking for laterals, and that's why they're sending the resume. If they're not looking for laterals, then they're not accepting resumes from anyone, include from CWT associates. There's no reason to tell a recruiter "No CWT resumes" because they can receive CWT resumes directly. They can receive ANY resume directly -- all they have to do is say on their web site that if you're interested in a lateral position, send us your resume directly and don't use a recruiter. The only explanation for this is that there's some bias at play here.

Actually, the best performance from the marktes comes when the Presidency is held by one party and Congress is held by another party.

Humans are foolish. Global warming should be hailed as something good. Wait until the cycle ends and turns to global cooling. It's only time before the next ice age hits.

53: thank you for reminding me to go over to Prawfs Blawg more often.

CWT candidates should count their lucky stars. I used to work at D & S. The place sucks and the attorneys are hateful.

CWT candidates should count their lucky stars. I used to work at D & S. The place sucks and the attorneys are hateful.

#51, people can discriminate based on past employment history and pedigree. You are genius for pointing out that there's some bias at play here. Culture of an organization affects the individuals within. CWT's culture bred assholes. People don't like assholes.

51: I think this firm just screwed up. They're probably thinking this will save them all sorts of headhunter fees, but instead have alienated a large group of (relatively) qualified people. I doubt there's a bias at play here, unless the hiring standards at CWT were lower than that of an unknown boutique.

20 -- LOL'd.

I <3 grammar mistakes in grammar criticism.

Anyone who thinks the President dictates how the economy performs while he is president = TTT.

Why anyone would accept Cadwalader resumes from a headhunter is beyond me. If any firm is going to hire a Cadwalader associate (and in this market who knows if that will happen) - they will go direct and avoid the headhunter fee.

Why anyone would accept Cadwalader resumes from a headhunter is beyond me. If any firm is going to hire a Cadwalader associate (and in this market who knows if that will happen) - they will go direct and avoid the headhunter fee.

the CWT castaways who are applying to a firm that openly brags about paying associates $100,000 less than other firms must be in a bad spot. i don't think that's a haircut most of us could handle.

NYLS is currently TTT. When its remodeling efforts are completed within the next year, it will join the rank and file of TT. The faculty is excellent and entering student credentials will continue to rise in the next few years. Today, however, NYLS students will continue the unflattering practice of having to correct everyone who inquires into their law school. "I go to New York Law School." "Oh, NYU? Great school!" "No, sorry, it's a different school." "Oh." [awkward silence + disdainful glances]

"I have no doubt that you don’t see anything wrong with “riding” a bubble again with the full intention of firing most of those associates."

Of course not. That's economics. They hire when the market has demand, and fire when it doesn't. Obligation is to run the business in the best interest of the shareholders, in this case the partners. Pure economic decision.

As an associate, in turn, you have the ability to leave for better opportunities whenever they arise -- that's the beauty of employment-at-will. And anyone in this economy who doesn't figure out what their next job would be if they were fired tomorrow and prepare to go out and get it is a doofus.

23 - and just exactly how will obama fix the economy, when he knows nothing about finance

34 is right. You know what FOR SURE helps the economy?

US Troops in my uterus
Jesus in Schools
Abstinence only programs.

Vote Repub!

Go ahead #20 -- twist my nipples. Go ahead. Twist them hard. You still won't hear my answer even if you do torture my nipples. I will even help you. See how unafraid I am of you!

Slightly unrelated, but does anyone know how much an associate at CWT makes? Just curious....

66: Obama knows nothing about finance...in contrast to McCain, I suppose? Oh wait, I forgot--McCain was a POW, which is really all that matters.

47, you don't get it. Here's how it breaks down:

R president; D congress
-Good economy: credit to President
-Bad economy: blame Congress

D president, R congress
-Good economy: credit to Congress
-Bad economy: blame President

D president, D congress:
-Good economy: Government powerless to affect economy
-Bad economy: blame Government

R president, R congress:
-Good economy: credit Government
-Bad economy: Government powerless to affect economy

it's all perfectly logical.

6 says: "[D&S] not accepting resumes FROM C because [D&S] are elitist prigs."

yet when CWT won't look at a resume from a student outside t14, they are being smart businessmen, and in no way elitist. when now-jobless CWT attorneys refer to others as "TTT," they are simply being perceptive.

maybe Duval & Stachenfeld would just prefer to remain bedbug-free.

can't say i blame them.

Guys in my high school used to lateral to TTT firms and take $100k paycuts all of the time. It was no big deal.

70 - before you go all crazy, i never said that mccain knows finance. what i said was in response to 23 who wrote "When the economy picks up, as it surely will once Obama is elected,".

all im saying is that obama, who's (to say the least) expertise is not in finance, will not definitely pick up the economy. and in the event that it happens i dont think it will be because of him, just as i dont believe it will be due to mccain.

incidentally, we are all waiting to find out where obamas expertise is

70- Yea, because noone is blaming the President right now. Fricking idiot.

"incidentally, we are all waiting to find out where obamas expertise is"

English literacy?

76 - calm down this is a blog, and you get the point

68 - That is disgusting. Get you and your nipples the hell off this blog.

ease back there, 75. you might want to turn on your sarcasm detector. it's a REALLY good invention.

(and plenty of people are not blaming the President, in case you haven't noticed.)

74, fair enough. however, i'm not sure "expertise" in any particular subject matters; that's what the Cabinet is for.

what's important is that the President have the confidence to set policy goals, the wisdom to surround himself with experts committed to implementing those policies, the integrity to select those people on merit, the humility to listen to them, and the flexibility to account for changing conditions and new information.

LOL@77.

From http://www.dsllp.com/documents/BackgroundMaterialsforProspectiveDuvalandStachenfeldLLPPartners.6.13.08.pdf

"In order to be an ideal Duval & Stachenfeld partner candidate the candidate must satisfy our FUNDED
standard. This is as follows:
F = Fantastic Lawyer
U = Unimpeachable Honor
N = We are Nothing without our Firm values (See Schedule A for Values and
Core Ideology)
D.E.D = Don’t Ever forget the Dollars

Because without the Dollars there is no F.U.N."

I guess there is no "F.U.N." in CWT.

D&S probably isn't accepting resumes from CWT people because their laterals are typically from S&C, Cravath, etc. They work long hours, but are typically paid above market. A CWT assoc probably does not have the breadth of experience they need for their transactional laterals.

An ex-D&S'er

80 - why?

83,

because 80 = 77 (and 74, etc...)

i cringed when i read the F.U.N.D.E.D. excerpt.

I think 80 = Nipple guy as well.

I'm from NY Law School and am at Weil, what's your point?

Apparently in order to be partner, you must be RETARDED.

FUnDED = gheyest law firm slogan ever.

They can always go to BCG Attorney Search if they need a recruiter.

Duval is a TTT firm. $60k starting, seriously??

It sounds like this ttt firm is just doing this for publicity. I doubt they have even received a single cadwalder resume.

34:
Could you get yourself castrated so you don't have children and raise them to be as ignorant as you are?
I favor forced sterilization for idiots who don't believe in global warming.

92 -this is the typical lib response. spit out all kinds of sh*t when you have nothing to say.
34 = correct

93:
No--it's not typical liberal. Most liberals are bullied by conservatives and too nice to get nasty.

More liberals need to fight back and tell these right-wingers that they are ruining our country.

Look at the update - this is not about CWT, it's about the recruiters.

Sounds like a recruiter is trying to hose CWT associates by precluding them from getting direct jobs. What jerks.

33:

http://www.kxan.com/Global/story.asp?S=8798573

Shapiro, Shapses, Block & Stachenfeld LLP

kudos to DS for cutting out the middleman. legal recruiters are mostly scum (there are some exceptions, but not many).

was shaprio shapeses block prestigious?

coq de sportive

"super-star-high-quality associates"

how old is he?

"super-star-high-quality associates"

Definitely behind, but 27 TOP NOTCH

Looks like David Lat got used by some slimy headhunter...

Looks like David Lat got used by some scumbag headhunter.