From the Department of Anticlimax: Jenner & Block
We weren't sure we'd do a follow-up to yesterday's post on the firm-wide meeting at Jenner & Block. But since there was a fair amount of speculation in the comments, as well as requests for updates, we thought we'd close the loop.
Based on what we've heard from our own sources at the firm, we can confirm the accuracy of this comment:
The conference room was packed- five deep along the walls. Everyone was there right on time. Levy introduces herself. Tells us not to worry about the issues on wall st- they will not adversely affect Jenner's bottom line. Jenner is having a great year and bonus are expected to be as good or better than last year. Litigation is doing great. Keep up the good work. blah, blah. No merger, or layoffs, no LA office, no moving to Chile. All is good.
Another source described the meeting as follows:
It was basically a hand-holding pep talk -- a "don't worry that there will be an all-associates meeting to announce layoffs" meeting.
When your firm schedules a firm-wide or all-associates meeting, do feel free to drop us a line. Thanks.
(25) Comments
Posted in: Jenner & Block
frst
Will I be the FIRST poster on a Lat thread? Just like old times?
Bonuses as good as last year? Did Jenner match the NY Big Law bonuses from last year?
2 - looks like no ... 3rdzies for meezees?
2- If you had only posted the consonants of the only word you needed to say, then you could have beaten me.
1
RECRUITING PLOY.
JENNER = TTT
K&E RULES!
The calm before the storm.
Everyone knows that when HR/mgmt starts reassuring you that your job is safe, your days are numbered.
insert random comment about a made-up law firm.
congratulate self for cleverness.
insert random comment about a made-up law firm.
congratulate self for cleverness.
A rich man doesn't need to tell you that he's rich.
The only question is how many hours are you billing? If it's enough to make you an asset to the company (ie: you bring in enough cash to cover your salary, benefits and share of the overhead), you're keeping your job. If not, start looking elsewhere.
"The idea he doesn't realize that Article I of the Constitution defines the role of the vice president of the United States, that's the Executive Branch. He works in the Executive Branch. He should understand that. Everyone should understand that."
10, you left one key component out of your equation. Profit.
Managing partners in my high school used to give pep talks saying everything was ok all the time, it was no big deal.
IS DLA PIPER A GOOD FIRM?
14, just in case you aren't being sarcastic, the answer is "no"
The other question is what is your billable rate? Juniors at firms that are billing them out at $350+ are in a much better position than those at firms billing them out for less. At a NY firm a junior doesn't even need to bill close to 2000 hours to cover their salary and overhead.
jenner is such an amazing firm. i'm so happy for them.
Is Jenner prestigious?
The other question is what is your billable rate? Juniors at firms that are billing them out at $350+ are in a much better position than those at firms billing them out for less. At a NY firm a junior doesn't even need to bill close to 2000 hours to cover their salary and overhead.
So how big does everyone think K&E is going to go with bonuses this year?
Going bigger than last year, when wanna-be firms can't, is a great way to show who's boss!
So how big does everyone think K&E is going to go with bonuses this year?
Going bigger than last year, when wanna-be firms can't, is a great way to show who's boss!
I'm still, I'm still Jenner from the Block.
so they had a meeting to say there would be no meeting?
22: I award you match point.
Jenner DC is prestigious. The other offices are TTT.