Really?: Star Trek inspired? It's come to this?

Cahill was relevant 10 years ago. Now they are a washed up dinosaur of a firm and are lucky to still be in business.

Skadden Secure

They still have Floyd Abrams, god of First Amendment law:

http://www.cahill.com/attorneys/data/201

The end of Biglaw? Well, I don't really think that the end can be assessed as of itself as being the end because what does the end feel like? It's like saying when you try to extrapolate the end of the universe, you say, if the universe is indeed infinite, then how - what does that mean? How far is all the way, and then if it stops, what's stopping it, and what's behind what's stopping it? So, what's the end, you know, is my question to you.

PE rules the roost at Debevoise & Plimpton.

They should rename their firm to Law Offices of Goddam This Firm is Ghetto, LLP

BLARRRRRF!

Cahill is all about the profits. They sure don't put any money into their offices.

I can't find the "this poll is retarded" voting option.

pls handle thx.

Doesn't Cahill focus on a lot of the same work as Latham NY? If so, then I guess the layoffs don't come as a big surprise.

I heard that the layoffs were necessary for the upcoming merger with Jacoby & Meyers

Cahill's offices still put Cravath's to shame.

Please don't point out the typo in this sentence:

"Well, it appears that the wheel as come around."

My boss really likes the Binder and Binder cowboy hat look and now walks around the office wearing one.

"The Wrath of Kahill" if you will...

Cahill is very busy right. now. Lots of work for lots of plugged in associates. Read in Cahill news all the deals we're involved in. The second years who were let go were not plugged in, nice folks though they may be and we wish them well. Cahill is a humane place to work, but it can't, nor should it carry non-productive weight. That's bad for everyone.

Cahill is going to be around for a long time. They learned their lessons in previous times, they know how to stay afloat. As for their offices, quite frankly, working down by the water is great: We have fabulous lunches, walks, shopping. Midtown is terrible. Like working in the middle of a a zoo for skyscrapers.

I do not like vampires.

#17 is the chairman's mom.

So there were stealth layoffs at the firm, just like practically every other firm out there, but we have no idea how many were axed and no word on severance. Wonderful.

17:

You forgot one thing - the wonderful kool-aid dispensers that seem to have on your floor.

Oh hai, #17 Cahill Brownnose...er I mean "plugged in" associate.

what a TTT firm. Nice way to develop your people.

What's the deal with all the Lat-MysTTTal posts these days? Do they think that we'll just ignore Elie's retardedness because Lat's name is also on it? Or does it mean that Lat is now proofreading things before they go out the door...

Cahill has lots of idiosyncratic, brilliant and well off lawyers. It's a very stimulating place to work, if there is work, and now that the dry spell has reversed itself we are very busy. Also, working downtown rocks.

23-Elie's too busy with his true/slant rants.

Boy, when I was a summer associate back in 1990, firms at least waited until the end of the summer -- when all the summer associates had left -- to do layoffs.

Why would layoffs preclude salary cuts, or salary cuts preclude layoffs?

And shouldn't Above the Law consider teaming with Law Shucks? Not Elie?

How many were laid off? How many 2nd yrs? Other years? Men? Women?

14 - You are making up typos. That sentence was correct when the post went up at 1:11.

Making $125,000/yr vs. making $0/yr??? I'll take the former. Good luck to everyone who was let go.

I may not look the part, but I have made love, walked uphill, and swum in the ocean.

My source in LA tells me that Paul Hastings is finalizing their next tranche of layoffs (and it's gonna be a big one). The ax will fall as soon as the SAs fuck off. Forget about spreading the pain. This shithole throws you under the bus the minute they think PPP will drop a dime.

32, what's next? Will the partners have to file their own pleadings and make theirown copies? Everyone knows that sergeants run the army.

32- Why don't they throw that scumbag NY office chair under a bus, or truck???

35 - Why don't they? There is a rumour in the NY office that he will be stepping down as chair. That would be cause for office-wide celebration.

Fuck you Barry (you little scumbag).

Any news on the Paul Hastings screenplay/expose?

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Old houses, strip malls and factories are torn down or left to crumble if the investment needed to make them usable makes no economic sense. If they might still be useful when market conditions improve, it is fairly inexpensive to board them up and make sure they are not trashed or plundered. If they are of historical interest or value, there is a chance they will be recycled or rehabilitated. This is how the free market works.

We do not have the technology to freeze our excess workers until they are needed again. There are too many older workers for them all to be worthy of historical preservation. And abandoned workers are more like abandoned livestock or pets than abandoned buildings -- most of them will try to survive and will seek the resources they need to do so from us.

The free enterprise answer is to persuade or compel them to disappear. Job retraining is the second cheapest way of persuading them to do this, but unfortunately its effect is temporary. The cheapest way is to get them to lose interest in surviving; this is being done very effectively even though since it is not our official policy we avoid having clear measurements of its effectiveness.

We want a free enterprise economy, so we cannot be honest about how free enterprise handles unneeded factors of production when those factors are people rather than buildings. Instead we use the salesmanship that is an integral part of free enterprise to sell both ourselves and the excessed the idea that free enterprise is basically OK and the excessed can use free enterprise to de-excess themselves if they can just get their act together.

--Severed2009

http://www.nytimes.com/2009/07/06/us/06retrain.html?_r=1&hpw

32- There's nothing sweeter than sitting back in a lawn chair with a huge grin, cracking a couple beers and watching Paul Hastings slowly burn to the ground as flaming partners and administrators plummet to their crimson firework death. Even face down in a gutter isn't low enough for you roaches.

35 They will probably replace him with a bigger snake. It could get worse...if that can be imagined.

40 - There IS no bigger snake than Barry. He speaks with forked tongue to associates and summer associates alike.

Stay on Cahill layoffs, please!
How many and what years got laid off?
Did they know it was coming?
Any first years?

Did we know it was coming? Trust me, definitely not.

Same old story. Another firm fires more American lawyers. The government keeps issuing work visas to foreign "lawyers."

Um, pardon me for asking, but has anyone heard anything about layoffs at Cahill?

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Interesting how Ho-Hum everyone's reaction to his news is. Still, will someone give us the meat &potatoes of this round of payoffs?

32/39 - salivating PH's downfall..Hate those fat f**ks that run the firm..Does anyone know the timeframe? July/August/September??? And they thought their rate increases was a great strategic decision cause they believed their clients were willing to pay for their "expertise"...dumb asses..Yeah keep believing in the 15-10..and PH50..

what does TTT mean?

I have met no one but assh*les and b*itches from Paul Hastings (associate and partner).

48: I cannot wait! PH is the biggest shithole there is. Word on the street is that they are facing major financial woes. PH50 (what a joke) is gone with the wind. And now there are rumours that their creditor is demanding personal guarantees from the partners. This may cause their big rain makers (and there are so few) to jump.

Excuse me can anyone confirm firings at Cahill, really?Or is this a smear post? We need confirmation.

Seriously, what does TTT mean??? I really want to know

I love lamp.

TTT means:
Third tier toilet. Generally used by loser dorks on xoxohth.com as a pejorative term for law schools that are not prestigious, aka Top 14 law schools. To the faggots on xoxohtm.com, a law school is either a TTT or a Top 14 school, there is no in-between.
Vanderbilt Law School is ranked #17 according the US News and World Report, but it is still a TTT because it isn't in the Top 14; it doesn't matter how close a school's ranking is to the top 14, if it is not in the Top 14, it is automatically a TTT.

Absolutely horrible, horrible law firm. Oh, the endless stories I could tell.....simply evil place.

56, please elaborate.

- curious 2L

#56 of which law firm do you speak? As you know any lawyer worth his salt, or macaroons, must elaborate and state his case or be cast aside as a no-nothing naysayer.

I used to work at Cahill and have to say that it's your typical BigLaw NYC corporate law firm. You'll work soul-crushing hours at times and the partners will get rich because of it, but you'll walk out in 2-3 years with better finance training than 95% of your peers (even those who went to V10 firms). And you'll have plenty of front page deals to put on your deal sheet. Great place, good people, excruciating at times, but most people know that going into it and most people are willing to accept that for the training.

And to #3, you haven't got a clue. Cahill has been involved in almost all of the largest LBOs in history, many of which happened in the past few years as well as the largest exchange offers in history (see ResCap and GMAC--also would have had GM, but the votes weren't there). And, if you have any awareness of corporate work, you'll know that high yield is about the only hot area right now (excluding BK) and Cahill is the go to firm for this work and has been involved with most of the HY deals this year.

In reference to my #56 comment, I will whet your apetite with just the first story. Above all, this firm is made up of just a bunch of lying scumbags and I am so happy I had the experience I did with them so I did not end up there. They will say anything to justify their means, even if it is a flat out lie. Here is the story...Interviewed with Cahill, made it through my second round of meetings with the firm's most senior partners. Every interview went better than the next. Came to my last interview of the day with, who at that time, was one of the most senior partners in the New York office. Got a weird feeling from the guy when I walked into his office at first, but okay, tried to impress with my interviewing skills, reasons for wanting to join the firm and my future professional goals. Spoke to my recruiter after the interviews and she said that they were not going to offer me the position. That's fine, I can handle that. What was the reason, I asked? The last partner (the most senior one) accused me of lying to him about my professional background and that I had told him a different story than I told the other partners about my career progression. This was just a flat out, complete lie! It never happened. I was floored by this accusation. Never before had someone questioned my integrity in such a manner and admitted it. At least say, it just wasn't a fit and leave it at that. Whatever! This partner just made this story up out of thin air to justify not hiring me. I didn't give a shit whether I got an offer or not. I ended up going to a far more prestigious firm than Cahill could ever dream to be. But, for a partner of that stature to just make up a bogus story about an interviewee (not even an employee) lying just demonstrates the underlying classlessness of the people who run this firm. To support that type of culture is just plain despicable and really represents the bottom feeders of this profession. Karma really is a bitch. Just be warned, this firm doesn't care about telling blatant lies and don't even care if people share those horrible experiences with others. That is the first story....

60 - After reading your rambling and whiny post, I can safely say they didn't hire you because you are you.

@61: I concur. 60, I'm sorry, but you sound kind of crazy. Maybe in your mind, you didn't do anything strange/misrepresent the truth in your interview, but I have a feeling that's only in your mind ...

Cahill, like any firm, rejects hundreds of aspiring lawyers every year. Do you really think it has a need to lie to you about why it rejected you? Seriously, get some perspective.

#61..and I am glad...because I took my whiny fucking ass to a far more superior and classy place where I don't simply don't deal with that the nonsense of such a bottom rung partnership.

#61..and I am glad...because I took my whiny fucking ass to a far more superior and classy place where I don't simply don't deal with the complete nonsense of such a bottom rung partnership.

#62..Oh, those who drink the kool aid never learn until it is too late...try not to be so fucking gullible and while your at good luck in life!

#62..Oh, those who drink the kool aid never learn until it is too late...try not to be so fucking gullible and while your at it, get some practice in the real world!

63/64

Don't you mean far more superiorer?

And I'm sure you fit right in, you sound like a very classy, eloquent individual.

60 ==> what a moronic post...no wonder they didn't hire him. Now he expects everyone to believe that he showed them...what fool would buy such nonsense.

Just heard Dewey & LeBoeuf is going to do another round of layoffs starting this week.

60 - I suggest you refrain from being yourself at work If you want to keep your new "superior and classy" job.

@ 65/66 etc. How come every time someone defends a law firm on this site, he or she either "drank the kool-aid" or is a "troll" while every time someone bashes a firm it's as if the statement was made from God's own lips. I mean, who knows, maybe you're a weird 1 in a million case and you got a partner on a bad day. Maybe you're lying. Maybe you're just confused. Either way, I've been in this law game for a while and know lawyers from most major law firms. Things are about the same at all of them. I don't work for Cahill, but I know some aspects of it are far better than at any other firm and some worse. If you do your homework before joining, you'l generally know what they are--it's no big secret.

But I will say one thing, the only time I've ever seen a 4th year associate go toe to toe with a partner at another firm (finance deal) and absolutely own him was with a Cahill 4th year and a partner at another "very prestigious" firm.

#60, etc. Please heed what the other commentators are saying for your own growth and sake. You need to think outside your own head to see what others see and hear when dealing with you. You need feedback on how you are perceived. Seriously, this is not a put down, it's a
heads-up.

70 - Thanks for the advice. I really appreciate it since I know it is coming from the moral authority on associate decorum..I just feel so alive and positive at my new firm that I wouldn't dare show any element of my wild and crazy personality! Personalities are for people who work in, I don't know, just weird professions. Right? Not BIG LAW..god forbid. To think I would have succumbed to the bowels of Pine Street. Oh, the thought of it makes me really sad for those who have not yet escaped. The ones who were laid off will eventually realize leaving Cahill was the best thing that ever could have happened to them! I was just lucky enough to not even get one foot stuck in that pile of shit.

73 - You misunderstood my advice. Normal people get to be themselves at work. You don't because you are batshit crazy.

41: What about the ex-PHJW associate/aspiring screenplay writer he was banging? He better hope his wife doesn't find out. Maybe she will...

Fuck you Barry you scumbag.

74 - Thanks so much for enlightening me about my lunacy..it is really difficult for me to assess sometimes when I am off my meds..maybe you should become a psychologist too, if you are not already one. You are amazing!!!!!

Elie and Lat, please check your facts before posting something like this. From what I understand, Cahill fired maybe five people. They didn't lay anyone off, they FIRED people because the firm is very busy and those people were apparently not contributing and haven't been for the past 1.5 to 2 years. Every firm (and company) fires those who don't contribute, it's no big deal. Now you just screwed everyone at Cahill who's trying to find a new job because other employers will assume they were laid off. Congrats.

77, you seem to under the mistaken impression that ATL is supposed to be NY Times. Think of it as Perez Hilton for lawyers and you'll feel better.

Is Cahill the firm that passes off their lazy-ass, nonexistent work assigning process as the "free market" approach?

What percentage of total Cahill associates are non-citizens here on work visas or working illegally?

Oh now,wait a second. Perez gets his facts straight. And when people go on line they go to his column or the law equivilant ATL, first. Facts can and should be fun! Nutin wrong with wanting to laugh and snicker while the bad news goes down.

79, I don't know what you are talking about. The free market approach is awesome. People who actually do their work right the first time are rewarded with more hours and/or better assignments. This way those of us who know what we are doing aren't forced to always redo the work of the idiots that have no business even practicing law. And for that matter, these same idiots get weeded out from the meritocracy (I do believe that's what such a system is called) rather than getting carried along in some socialist excuse for spreading work around. Only the best survive and the weak perish. Darwinism is the only way to go!

Could someone please confirm the rumors of a second round of layoffs at Cahill?

82, looks like you thoroughly enjoy your "invisible hand" job. After all, as 24 noted, the firm is a very stimulating place to work. Because of the free market system, no doubt. Sounds sweet.

69 -

DL PURSUITS MUTHAFUCKA! Thank you, 69, for this pleasant little dose of schadenfreude as I attempt to twist and tangle my 4k/month welfare check into happiness.

75 - Word among the NY associates is that Barry was also hitting on the blondie paralegal on his floor but she was having NONE of it. He then included her in the eco. layoffs back in March. So much for our esteemed leader in NY.

LOL #77 thinks he works at real firm. Your "free market" system is the joke of the industry. If you are so busy, pick up the phone an call one of these poor slobs and put them to work. Instead your firm is full of desparate hours hoggers and time sheet padders. Nice going.

What a POS. This firm is at the top of the "to be avoided" pile.

Why are so many of you so twisted and bitter? I can just imagine your faces screwed up into snarls. That's not the expression anyone wants to hire and everyone wants to fire: Self-pitying, entitled, vengeful, vile mouthed men, who blame their plight on everyone but themselves.

riiight 87, b/c hours padding and work hoarding doesn't occur at other firms, especially ITE. I think it has less to do w/ a free market system and more to the fact that lawyers are generally neurotic, self-absorbed individuals.

FYI Cahill is a great place to work. It's not for the lockstep, 5:45 to Westport crowd. We have at lot of originals here. Super sharp thinkers, who in my three years here I grown in awe of, more each day. Even the first years here are very sophisticated thinkers, and while they might need hands on training, they catch on fast and up the game even faster. I'm not going to put down other firms, but if you want to up your game, you need to play with the big boys and there are teams of them here at Cahill.

90 - does your wife know you're gay?

#91 while we know your preferences, and we accept them and applaud your courage for being who you are, regardless of your insistence in remaining forever the age of 12, you need to learn this great truth: Just because you love Tutt-Frutti ice cream doesn't mean we all do. Cheers!