Summer Associates

Skadden To Reduce Summer Class of 2010 By Half

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Skadden has decided to significantly reduce the size of its summer class for 2010. In a charming move, the firm told the media before informing law schools and prospective summer associates. Am Law Daily reports:

Skadden, Arps, Slate, Meagher & Flom is cutting the size of its 2010 summer associate class by half and adjusting its recruitment strategy by making all of its offers on a single day in late September, according to a copy of a letter the firm will send to prospective summers.

Does this give new meaning to the term “half-Skadden”? (Gavel bang: commenter.)

Skadden hired 225 summer associates this year and expects to hire a little more than 100 next year, though the precise figure will depend on offer acceptance rates, says Howard Ellin, Skadden’s recruiting partner.

Good news from the letter: the firm plans to make offers to 95 percent of its 2009 summer associates. Of course, as we previously reported, they won’t be starting at the firm until 2011.
We’ll let you know when Skadden officially releases the memo to the people who are affected by the decision.
Correction: From a Skadden spokesperson:

The letter was sent last week to career services and deans at the law schools where Skadden is interviewing. Some schools already have circulated it to their students. We absolutely did not talk to the media before notifying schools.

By way of explanation, your ATL editors were thrown off by the wording of the Am Law report, which described the letter as one that “the firm will send to prospective summers” (emphasis added).
Update: Skadden to Cut Summer Class by Half, Change Recruiting Process [Am Law Daily]

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