Nationwide Salary Cut Watch: Perkins Coie Makes a Tiny Incision
Might this be the kindest cut of all? Perkins Coie just announced a salary cut for associates, but it’s rather small — and it was accompanied by good news.
Today a firm-wide voice mail from managing partner Robert Giles went out, announcing the following:
— an average 3.8 percent pay cut for Perkins Coie associates, effective September 1;— deferred salary rollbacks in some offices — e.g., Menlo Park — until “our competitors in these markets rollback associate salaries” (hmm, sounds like an invitation to us); and
— an expression of confidence that there will be no more layoffs this year.
We reached out to Bob Giles, who confirmed the accuracy of the foregoing.
All in all, it’s on the mild side for bad news, sort of like the firm’s modest layoffs back in April (just 12 attorneys). No wonder Perkins employees seem to like the place so much.
P.S. Congratulations to Perkins Coie partner Harry Schneider, this year’s winner of the American Inns of Court’s Professionalism Award for the Ninth Circuit. We met Schneider at the Ninth Circuit Judicial Conference, where the honor was presented to him in person. Schneider successfully represented Guantanamo detainee Salim Hamdan in Hamdan v. Rumsfeld.
Earlier: Prior ATL coverage of Perkins Coie
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wish i had gone there instead of PH!
are the black eyed peas jewish?
What's going on at Paul Hastings? I keep hearing talk of more layoffs coming and renegotiation of its credit line. Any updates?
ATL, confirm or deny rumors that Ballard's paycut was much larger.
if i wasn't so lazy, I'd totally start paulhastingsbitching.com. it's too hard to keep up with all of the comment threads to get the phjw news.
How you like me now?
God, you're sitting on a gold mine, 6. Make lathaming.com too and you wouldn't have to worry about retirement.
First years lost 10k, that's a lot more than 3.8%.
PE: does this tiny cut qualify as "tough love."???
9 - It's an AVERAGE. Some people probably had no cut.
The ship be sinking...
Perkins Coie = shithole
This paycut is hardly "tough love." However, coupled with Obama's pernicious tax hikes and the increasing COI, it may turn into a tough situation for the plebes at PC.
Haha. Perkins Coie - A partner there told me antitrust was dead area of law and there was no future in it. Good call.
9: OK thanks for explaining how AVERAGES work. I don't think that really contradicts anything I said though does it.
10=14, trying to make readers think 14 has a fan base.
Why are comments disabled for non sequiturs?
Anyway, Dollar Bill Jefferson has been convicted:
http://online.wsj.com/article/SB124950747812708973.html
PE--we were worried about you! We'd heard you'd taken a new job with Shadaka and Nonnuku on the South Tonga Peninsula doing bongo litigation.
President Obama must be very sad that one of his idols and mentors, William "Currency Freeze" Jefferson, has been convicted. I am certain he can still perform the duties of a cabinet member from house arrest.
20 = PE
4 - PHJW management is in the process of renegotiating the firm's credit agreement. This means more layoffs. However, we're not expecting a second big round of layoffs (similar to last March). Instead, associates and staff will be stealthed by ones and twos. This is already happening in NY, LA, SF and Atlanta. PH's Corporate, RE and Employment Law areas are all dead and show no signs of picking up.
16,
Instead of explaining AVERAGES, 17 should have slapped you for whining.
Also, the language in your original post actually does imply that you disagree that the average number is around 3.8.
In summary you are either a whiny moron with poor language skills, or you don't understand averages.
4 - 22 is correct - PHJW has laid far more attorneys then publicliy announced. At least 50% of the real estate group in NY last December alone. More heads will be rolling very soon. Atlanta office could also still be shut down - why else would John Douglas leave?
PE is still trying to wrap his head around the fact that he's considered a sex offender on Chilmark in Martha's Vineyard and cannot come to the island while Obama takes a vacation there. He'll have to answer to the Chilmark Sheriff after the president leaves.
In the meantime, he'll have to settle with furtive romps with dark skinned elderly males in the Lower East Side (you know, the ole bbc).
22 and 24:
Is PH employment group really slow? That used to be the crown jewel practice group, no?
24 - PHJW Atlanta associate here. The office administrator has been showing our space to potential sub-tenants for quite some time now. We're also hearing all the standard bs Adam N told people in the Stamford, CT office before that office was closed (i.e., Atlanta is "integral" to PH's strategy). We're expecting this office to be closed by year-end.
26: I'm in NY. Since Zach F's big case ended (he lost), NY ELD has been d-e-a-d. Nothing has filled the vacuum and it continues to be dead.
22
28: Ah, the old curmudgeon Zach! That brings back memories when he used to terrorize the NY and DC case teams at all hours of the day on the recent big case he lost. One of the team members actually landed in the emergency room due to his tender mercies. What a lovely gentleman!
Mystal, suck my dick, you f'n slob!
29: Zach used to be in the DC office, that is until Jack G rode him out on a rail. It must really suck for you guys to have him in NY. Have fun!
I hate PE.
29/31: Oh no! Zach is just great to work for. So patient, sensitive and courteous. All in all, a delightful old cocksucker.
PH Atlanta here too - no stealth layoffs yet, but they're definitely coming. Most of us are just waiting for the axe to fall.
Not sure what's going on in other offices, but Employment is crazy busy here. The junior associates in ELD are probably some of the few that don't seriously have to be worried about getting cut.
34: I'm in firm-wide HR at PHJW. I've been seeing all the classic signs for stealth lay-offs in the U.S. offices (i.e., prep of transition agreements, etc.). I'm afraid it's looking like a blood bath. They keep telling us that their biggest priority is to "keep it out of ATL." This place has no soul.
35: According to the last issue of Momentum, we couldn't be doing better. Seth and Greg are such lying pieces of shit.
35 - are you serious? my transition agreement and benefits paperwork was prepared 7 days before March Madness, and 6.5 days before the partner who would be firing me was told.
if 35 is correct, be prepared.
37 - NY associate here. I think they will stagger the stealth layoffs to fly under the radar.
Ex-PH DPS person here. Keep an eye on MJ. I hear she did a survey on which firms outsource. You sneeky little critter, what other tricks do you have up those stubby arms of yours? BTW, how are your favorite rats (Rim, Jen, Peggy and everyone's favorite little skirt-chasing rug merchant)?
39: lol! i saw that crooked little prick anthony on 4 the other day he was spying on rachel for mj
Suck my dick you liberal faggots!
Yeeeeeeeehaaaaaawwwwww!
Dallas Lawyer
40: ph ny secretaries. beware anthony tol. he is spying on you for that dirty rat mj. what a couple of sneaky little fuckin' rats. fuck you mj.
Nancy M leaked the PH HR info.
Are any Seton Hall law clerks looking for jobs?
Kash wants a husband and children but her fear of intimacy and ice queen demeanor stand in the way.
45 = Rejected Elie
42
he's on my floor all the time spying for mj believe me we all know what this little rat is up to scurry away little rat!
anthony you sneaky little critter who are you watching on those 5 screens in your cubicle???
48 he's got his hand on his greasy little dingle as he watches anthony is this your idea of security?
35 - What is the timing for the PHJW lay-offs? Which offices are being targeted? Will staff be included?
49 I think it is. I caught him leering at the female summers during bagel watch (they noticed). I overheard him making lewd comments to Lucas. I think both should be reported to HR.
51 - Summer here. I have reported them.
52: Another summer here. The little Indian guy? He seems to spend all his time on 7 basically doing nothing. Initially, I thought he was the one who delivered the bagels.
53 once hr gets done with him maybe he will be delivering the bagels.
i just love that i'm being paid as i write these posts. thanks mj and partners!
51, 52, 53 - MJ will not discipline anyone who belongs to her cabal of synchophantic flunkies.
54
Hopefully, he can handle this better than he manages facilities.
55 - Unfortunately, that is true. MJ's rats basically have a free hand to violate peoples' hr rights. This is standard operating procedure in NY.
55/57: That is outrageous. She runs that place like it is her personal fiefdom.
50: Will post when I get home tonight.
35
The paycuts were higher than posted by Perkins. Many had their pay reduced by 10% or more.
The paycuts were higher than posted by Perkins. Many had their pay reduced by 10% or more.
The paycuts were higher than posted by Perkins. Many had their pay reduced by 10% or more.
it's a shame. why would one wanna be a rat? people have families to support (mike j has 4 kids). maybe i should be a rat and report mj to HR??? yes mj you are a dirty rat, you treat people like shit and you have the nerve to assume people like you??? c'mon, be real. you treat people like they're so beneath you.
your smile is so fake it makes me want to puke. how does dominic put up with you???
63: You think barry and mj cared that mike has 4 kids??? barry would pimp his grandmother for another dime of ppp. as for mj, well you already know.
49: I sure hope he cleans up after doing his business. Things could get awful sticky.
65: IT should not have to clean up after him. Poor Steve!
Nilsa, I know it's you posting shit about me.
67: Rest assured, we also know that Nilsa has been posting shit about MJ, etc.
Comment removed by moderator.
when will the layoffs come?
when mj gets back from her cruise
pls. stick to the topic at hand. mods pls. remove the offending isps and posts. This is from a mostly disinterested former phjw'r. Thanks.
Dear 71: Perkins Coie associate here. You fucking retard, this thread is about Perkins Coie! Take your stupid jr. high personal feud elsewhere.
To ATL: Please ban this retard's IP address.
the sneaky little critter has been on the prowl,we are waiting for him on the 4 with a can of pesticide
the sneaky little critter has been on the prowl,we are waiting for him on the 4 with a can of pesticide
the sneaky little critter has been on the prowl,we are waiting for him on the 4 with a can of pesticide
who is nilsa?
who is nilsa?
who is nilsa?
who is nilsa?
who is nilsa?
who is nilsa?
Suspiciously friendly coverage of the Perkins cuts.