Foley & Lardner: Layoffs Complete, But Still No Room for First Years
Earlier this month, we reported on layoffs at Foley & Lardner. Foley later confirmed the news.
Maybe Foley is just clearing out room so it can bring on its class of incoming associates? Right. Maybe if I had wheels I’d be a wagon? Foley has already deferred its incoming associates until February 2010. Now it is deferring associates again. Tipsters report:
I know every office has been talked to about the *possibility* of changing start dates. … [In Chicago] it’s complicated:* all incoming IP associates are deferred until September, 2010, with a $5K/month stipend (no health care) beginning February 1;
* half the litigation associates will start in February as planned; the other half will actually start *earlier*, this December;
* the incoming transactional associates haven’t been told anything yet. My guess is they’ll be summarily shot.
The firm has not responded to our multiple requests for comment.
Incoming associates are asking firms to let them know when they will be starting. But does it really matter? Are there opportunities that incoming associates are really passing up this fall because they plan on starting this after the first of the year? Let us know in the comments.
Earlier: Nationwide Layoff Watch: Foley & Lardner Lays Off 39




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were all dead!
SECOND BITCHES!
Mission Accomplished!
First to say, uh oh.
Many of you young folks made a mistake in selecting the legal profession as a career. Let me highlight your mistake. Today, I received two bills, one from my vet and the other from my mechanic. My 5 month-old afghan hound, Simeon, sustained a cut on his paw. For 30 minutes of his time, the vet charged me $550.00. My Maybach needed an annual tune-up. The mechanic's bill was for $1,200.00 (he spent 3 hours). Conclusion: these professionals are making money hand over fist and at least in the grease monkey's case, there are no student loans. Who would have thought that grease monkeys or vets were smarter than lawyers. Times have changed.
Sixth!
I've been sitting around awaiting my January start date. Considering there really aren't any "great" jobs out there for recent grads, should I continue waiting until I receive the bad news of my indefinite deferral?
OK . . . talk about a mixed bag! Obviously Foley's IP department is slooooooooooooow. What does this say for their non-IP litigation department? I guess they're hopping - at least they plan on being hopping in a few months. I'm guessing that the corporate types are starting at the originally planned deferred start date? Who knows . . .
What does this say about the firm? I guess it says that the firm is having mixed results. Unlike other firms (e.g. Arent Fox), Foley might not be doing horribly . . . either that or it is doing horribly but it doesn't want the outside world to know how bad things are yet.
PE has a point. Plumbers and car mechanics make good money.
Picked up a great job at a litigation boutique. New firm wants me to stay. Old firm won't say if/when I will be starting. Bit of a pay cut, so that's not great, but at least I have something.
Firms need to let people know if they'll be starting or not. If the January, 2010 start date is going to happen, incoming associates, especially ones who have to move to the city in which the firm is located, need to make plans. It's only three months away. Hard to believe law firms can make business decisions like this. Does not inspire confidence.
Dear Above the Law:
You cannot continue to hide the 600 pound walrus in the corner. PLEASE AIR YOUR OWN DIRTY LAUNDRY FULLY AND COMPLETELY BEFORE THE CLOSE OF BUSINESS, YOU HYPOCRITICALIST FREAKS!!!
Very truly yours,
Dedicated reader
Elie, check out the Latham claims in comment #51 of the previous thread. Latham to unfreeze?!?
I will not tolerate first year associates that think its about them, when its about the firm, and we cannot make decisions that cost the firm and then go home and just be nonchalant. No. You now what, this is how I believe, I'm from the old school. I believe this: I would rather pay new attorneys to stay at home and just get penalized by all the way until we got to do something else, rather then make good on our offer with a first year, when I know that that person is not sold out to be a part of this firm. Its more about them then it is about the firm! I cannot bill with them, cannot litigate with them, cannot work with them, can't do it. I want expendable grunts, I want people that want to be expendable.
I am in love with a beautiful woman. And her name is Miss Drew Barrymore.
PE,
It was nice of you to loan Simeon to Michael Vick for the week. He apologizes for the cuts and has no clue how they came about. He has asked to borrow Simeon again on November 14th. He also requests that you underfeed him for ten days beforehand.
Thanks in advance.
- Shafeef
PE:
A $550 30-minute vet visit? A $1,200 bill for a tune-up? You get ripped off twice in one day and you think that says something about the state of the legal profession? It certainly says something about your intelligence...
That's actually on the low end for a Bentley
5k/month sounds ok (better than nothign, right?)
but it's less than half of what other firms are providing.
feb-oct = 35k. other firms are providing about 75k to people starting in oct 2010
Okay, so let me get this straight. Some of the associates are still deferred and they're getting 5k/month. Others are starting earlier than they were previously told. And, you headline the story "No Room for First Years?"
Lat, please give Ellie another time out.
What is #11 talking about?
16,
Call a Porsche mechanic, and ask him how much an oil change and tune up cost. Thanks.
19 -- Firms that defer their associates, and then defer them again for even longer, are never going to actually let those associates start. So yes, they are paying $5k to a bunch of them. Great. Not as great as a job, though, which is something they'll never have at SSD.
#5; like your post. Something to think about.
Big H
The ship be sinking...
If I were 25 and single, I'd be happy with a $5,000/mo. stipend for several years. I'd just tell them to send me an email when they want me (no rush). I would check in occasionally from Thailand, Indonesia, India...
17:
You're crazy - I drive a certified pre-owned BMW 7 Series and I've never paid over $600 for any repair in the 4 years I've owned the car, and I have replaced some major parts. I might expect a slight mark-up on a Bentley repair, but for an "annual tune-up" (whatever the hell that is, considering I don't know of any parts on any car that are maintained on an annual basis) $1,200 is extortion.
11 = drunk uncle at the Christmas party. just ignore him and hopefully he will leave soon.
Have a lot of firms with Jan 2010 start dates not given firm dates of when people will be starting? I think many firms already have done that. There's probably reason to be worried if your firm hasn't done that yet...
22 - In light of what other firms are doing, I don't think they would pay the 5k if they didn't want them plan on coming on eventually. Plus, it's only part of one practice group. Others are bring people on earlier. The headline doesn't seem fair. I stand by my request for Lat to give Ellie another time out.
28 -- GP said January 11. Told us that towards the end of September/beginning of October. Sent the employment/tax paperwork a couple weeks ago.
28 -- GP said January 11. Told us that towards the end of September/beginning of October. Sent the employment/tax paperwork a couple weeks ago.
Ack! Pressed enter and it posted comment. The rest should read: I would think if a firm does not know by now, there is trouble ahead.
Someone's been bogarting all of the blowie Js at Foley, so there are no blowie Js for new fish. FOICE!
29 -- What do you mean by "in light of what other firms are doing"? Honestly curious. I see firms doing a lot of different things -- indefinite deferrals with/without money, definite start dates, early start dates, later start dates, eff off money.... I'm not sure how that all translates into long-deferred associates ever starting.
21:
Nice try - you picked the exact brand of car that I own, genius. I brought my 2006 911 in two weeks ago for an oil and cabin filter change, had a full check of every component, and tune-up: $450. You clearly don't know an honest mechanic.
- 16
This comment is addressed to post no. 26.
Please do not compare the costs of maintaining a BMW 7 series with a Maybach. A Maybach costs several hundred thousand dollars more to own than a common 7 series. I didn't expect you to know that but now you know.
For those of you who are wondering, I have indeed had the honor of Mr. Shafeef's company. Delightful.
For those of you who are wondering, I have indeed had the honor of Mr. Shafeef's company. Delightful.
Maybe foley isnt talking to you because you are stupid. Way to report the 39 layoffs. Too bad you miss the fact that by bleeding a few attys a week for quite a while now, the real number is far, far higher. You are only reporting a very small fraction of the true number of layoffs. Why would they talk to you? There is nothing to gain, and something to lose, like letting everyone know the true number.
33 - Many firms have extended deferrals indefinitely with no money. Many others have rescinded offers entirely with no money. It just seems to me that there is no PR-type reason to give the stipend any more. They must have some other reason. The only other that I can think of is that they don't want these people to look for other jobs too hard.
7 - Don't wait around. Look for jobs, and apply to them. You have to be crazy to have 100% faith that you WILL be starting in January. And even if you do start, who knows how long you'll be there?
this would never happen at foley hoag
26, E65/66? I don't believe you. You have replaced major parts and paid less than $600? Where are you, Wyoming? If you have a rube turn wrenches on a German luxury sedan you are asking for trouble. Why have you had to replace major parts anyway?
I drive a W220 S500 and the scheduled maintenance at my ISP runs about $400 for A and $150 for B (or maybe vice versa). You are paying for the expertise and the systems they need to work on a 7 or an S. Doing the relatively significant 50k or 60k services (plugs, brakes, coolant, etc.) at the same time might be $1200 total.
Of course, all the Emeritus characters are some law student, and of course he doesn't have a Maybach. My ISP doesn't even work on them and doesn't want to deal with the liability and the over-the-top complexity - he says he tells people to take them to the dealer.
For those of you who are wondering, PE is really paralegal at a third tier firm in Florida. I had drinks with "her" last weekend, and there's no question about her being PE.
40-- How the heck does that work in practice, though? Believe me, I've thought of it. But it's tricky. Do you say that you were deferred and don't know when you'll start so are looking around (interviewing firm will say, "no thanks" because they know if the BigLaw job comes through, you're out) or do you say your offer was revoked (interviewing firm will say, "no thanks" because they find out you are lying or they don't want sloppy seconds).
And if you do get an offer, it feels risky to take it. I mean, maybe I could get a small law job for 50k -- then my Biglaw firm actually starts its associates and I have to revoke my acceptance... or quit my small law job and burn bridges.
Not sure how looking for a job while in limbo works.
I agree with #12. There should be a post about what firms that froze associate salaries in 2009 plan to do for 2010. It seems to me that that the "frozen firms" have five options:
(1) Keep associate salaries frozen (keep paying associates the same base salary they were paid in 2008);
(2) Unfreeze associates and pay them what they would have been paid in 2009 if the firm had not frozen salaries (increase salaries one step);
(3) Unfreeze associates and pay them at Skadden salary levels (unfreeze associates and increase salaries two steps so that associates are paid the same as peers in the same class year at firms like Skadden and Cleary that never froze salaries);
(4) Cut salaries further;
(5) Delay any decision regarding associate salaries until May 2010 (perhaps on account of a "firm restructuring") and then announce the inevitable continued freeze/cuts sometime in the spring.
I would be surprised if Latham really is opting for choice (3). The best associates at frozen firms can reasonably expect, I think, is (2). I anticipate that my firm will charge ahead unapologetically with (5), but hopefully I'm wrong.
Can we get a post on this topic Mystttal? By the way, welcome back!
Elie, if you had wheels, you'd be a double-wide.
Who the hell is ShaFeef?
Just wondering -- does anyone else think that Gloria Cannon in those Lateral Link ads isn't very attractive?
Lat, can't you get Lateral Link to provide a photo of a more attractive woman for those ads?
WHERE IS THE DEUCHE PATROL WHEN YOU NEED HIM?!?
My certified preowned 2002 bmw 330 ci has been a nightmare in terms of upkeep. I love the car as far as being fun to drive, etc, but I've dropped easily more than 3k in repair bills. Easily. And not from getting into accidents or anything.
I bring the car in and magically some component I've never heard of, say, the flux-capacitator-queesinart-quantum-drive is broken, and viola! I owe a grand.
I feel like I should just walk into the shop, grab the deak and bend over every time I ask what the diagnostic has revealed.
This comment is addressed to post no. 42.
The nice feature of the Maybach is that it has window curtains so that I can avoid seeing peons like you drive on the road. Although many have tried to emulate me on this site, I can assure you that my law student days are far behind me and I am in fact making life miserable for associates and junior partners.
As a 49ers fan, I really, REALLY hope Partner Singletary sticks around as a constant commenter.
Foley is only doing what's prudent given that the Dow has fallen below 10,000 today, signaling the end of the 6 month bear market rally.
You'd think Quinn Remains guy would weigh in on the joys/trials of Maybach ownership....
44 nailed it. It is extremely difficult – if not impossible – to look for jobs when you are deferred (but not quite revoked). The first question a firm (or company) asks is whether you plan on going back to the firm. So the only options are to either (i) lie and tell them that the offer was revoked, or (ii) be honest with them about the deferral, in which case you have no chance at landing the job.
As I have maintained all along, none of us feel entitled to a $160k job. All we ask for at this stage – 3 months before we are supposed to start – is for some clarity so we can plan our lives.
So glad I didn't go to Foley.
PE:
You know another car that has window curtains? A hearse, and it will run you about $300k less. In other words, DIRL.
55 - start planning your life without waiting for daddy's permission.
A maybach is a Mercedes. Not a bentley.
Mark 53's words.
I assume the original class of 2010 at Foley will also be summarily shot.
46 wins -- hands down
Class of 2010 at Foley is suppose to start in Feb 2011
58, oh so witty and snarky. My "daddy" hasn't had a hand in my decisions in over a decade, as I've been living and working and deciding things on my own for that long.
None of us is asking "permission." We are explaining the serious roadblocks, none of which you bothered to address (or, I dare say, actually read). Job hunting while on deferral is more complicated than your cute little retort acknowledges.
-- 44
51/PE/law student, 42 here, my S also has rear pull-up window shades, it's a nice feature. That's what "your" "Maybach" has, not curtains.
The fact that you say that's "the" nice thing is just absurd - the powerplants in the 57 and 62 are among the best Mercedes has ever built (same as the ones in the AMG S models) - if your imagined identity really "had" a "Maybach", imaginary you would at least "appreciate" that, even if imaginary you was being driven by an imaginary chaffeur.
P.S. Can I get that torts outline from you?
I agree with 45, we need such a thread. So far, Sidley has done #1.
65 OWNS PE!
58 – a big fuck you from all of us deferred associates. You have some nerve making a comment like that. You don’t know anything about us – how hard we worked to get here, our familial situations, our debtload. Jesus, put yourself in our shoes for one fucking second. We are stuck in limbo right now.
Yeah, for those who have been deferred looking for another job can be tricky. In my mind the only way to do it, is if you are content on walking away from BigLaw and you just accept a smaller gig.
I am taking a major pay cut (have minimal student loans) but I have accepted a job that is much more stable. The nice thing about this is I requested to not start at my new firm until Jan 2010 (which they were ok with) and that allows me to collect a few more stipend payments while vacationing.
The other option is to collect the stipend payments while working with the other firm and then when it comes time to start BigLaw tell them no thanks I have something else. That way you can be making some pretty good money for the year. (My firm in their offer letter advised me to notify them if I choose to start work somewhere else--so I think I am going to honor that request.
I keep holding out that my old firm will offer a large lump sum to walk-away.
69: how did you address the issue with your new, smaller firm? How much convincing did it take before they believed that although you did not get your offer revoked, you still wanted out?
Why is it that so many people who post on this site act like total d-bags? Oh yeah, because law school is a magnet for ugly nerds who think that a JD entitles them to act like d-bags.
Have some respect for people who have been deferred or laid off.
76 is aretha franklin
As usual PE won't respond to a comment like 65 --- because he's got nothing. C'mon law student, I dare you? What do you got chump?
68 -
Putting the Lord's name in the same sentence as an f-bomb will not likely call down any divine assistance with your current state.
POLL: what are you deferred associates doing with your time nowadays? Working, collecting stipends? Tell us!
56 - I agree. So glad I didn't go to Foley...
"Incoming associates are asking firms to let them know when they will be starting. But does it really matter?"
What a stupid question! Of course it matters. You need to know when you start so you can plan your move, your vacation, you part-time job, etc.
Working part time at a silly sales job while collecting a stipend (actually, a salary advance), and considering ditching Biglaw and applying for a small law job. Oh, and still waiting for Bar results. Fuck.
Deferred for Life - the "daddy" in my comment was meant as an allusion to any "authority figure" whose "permission" will "allow" you to finally take the action you know in your heart is right for you. In this case, it's probably a BigLaw recruiting department that considers you nothing more than an expendable cog in the machine. I did not mean to refer to your actual biological father, family situation, etc.
- 58
I am a deferred Biglaw associate working at a public interest firm. The pay is minimal, especially for part-timers, but the work is interesting and fulfilling. If you'd rather not just sit around doing nothing and you aren't moved to backpack around Burma, it's a great option.
68 -
Look on the bright side, at least you can afford shoes!
-Latham Secure
75: Reviewing parking tickets for parkingticket.com...
68 - respectfully, people who are defered from jobs that pay $160,000, and who may have to take a job that pays a more normal salary are not the most sympathetic people. Its hard to sympathize with someone who laments that maybe they won't be able to make more money than 98% of people. I don't doubt how hard being defered must feel, but MY sympathy is for the people in my class who, unlike me, do not have a secure job offer already in their back pocket.
So people crying about not being allowed into the $160,000 club, replete with its privilages and inflated sense of self-importance, are not likely to garner sympathy from people who would move across the country to make $70,000.
58 -- Was still an obnoxious comment, as many of us are trying to work out how to handle a job search at this point, not wanting to toss out the job we may have for a job we might theoretically be able to get. As you may have noticed, some of us are trying to figure out how to do that precisely because we have heard nothing from our recruiters at biglaw, and we know not to just hang around and wait. But do you honestly not get how this is a difficult situation, and that there are some obstacles to a job search? Really?
83 -- "MY sympathy is for the people in my class who, unlike me, do not have a secure job offer already in their back pocket" -- that describes all the deferred folk, who most definitely do not have a secured job. Most are not "crying" about not making 160k. They are instead panicking that they may have no job at all. See the difference?
Breaking news... this just in...
Most commenters on ATL who bitch about the deferred associates for being worried about their job prospects are giant douchebags.
More at 11.
PE,
Remind us where you earned your JD.
84 - I'm a prick sometimes, its a flaw. But the person waitlisted at a major firm has the credentials to walk into the door of a large firm in a market that is not in NY, Washington, Chicago, etc., and beat out all of the T3 law students whose best prospects were landing a law firm job in their state's largest city. That fact alone makes it impossible for me to feel bad - if you worked as a summer associate at one of the major firms talked about here on ATL, and landed an offer, you are clearly competent and will be FINE once you realize there is legal employment outside of the major markets which are presently flooded with people just like you. A law firm in a midwestern state would LOVE to hire a Yale grad - if Yale grads ever chose to live there.
87 - actually, I found that smaller markets are reluctant to hire Yale, et al and instead stick to the local schools. You need to have good ties to the smaller market, otherwise a Yalie can't compete against a local TTT-er.
83: glad you have a secure job offer, but you might spread some of your sympathy around to your classmates not in your position as well as people in BigLaw limbo. Yes, I wouldn't mind making $160k/year. However, I would gladly escape limbo and move across the country for a $70k/year law job as well. The reality is, deferred folks have more in common with your classmates left behind than you. The problem is that since you have a secure job offer you are not looking for a job and therefore have absolutely no clue what deferred folks are looking at. Since you stated it so matter of fact, how about you post all the $70k/year legal jobs you so clearly know of here in these posts and I promise you plenty of ATL readers would be thankful and apply. What you do not know and cannot know with your secure job offer is that such jobs do not seem to be any more common these days than a 160k/year biglaw job. give people a break and try not to bite karma in the ass.
70, the key is letting the small firm know that you have a job that is paying you and you will start in January. Tell them that this large firm is paying you a very sub'l stipend, etc. But you have realized that the big law firm life isn't what you want because of . . . (how they treat their young associates, etc.) and you want to correct the ship now. Emphasize that you have an offer and you have a legit job--don't make it sound shaky (even though it is).
ATL... Start publicizing those firms who have followed through on their new start dates.
1. Misleading headline - the firm is starting a significant number of their associates either early or on time (well, the deferral start date)
2. I am deferred and have been volunteering for a small law firm. I have been completely open about my situation. They know that I have a stipend and they know that I will be leaving in January if things work out. But, I have gotten to know everyone in the office, have worked my ass off for no pay, and have eagerly tried to learn as much as I can from the attorneys in the office. Some of the senior people here have indicated that if things don't work out with the big firm, they may be able to find me another job or bring me on as an entry level attorney. The months I've spend busting my ass here with no pay has been like an extended interview...
My advice to others is to take advantage of the stipend and volunteer. It can lead to useful connections and valuable experience.
Oh and people who criticize deferred associates can go to hell. Throw out some useful advice or shut the hell up.
Agree with 91. There are lots of firms that either have started the deferred associates. Others have collected tax information. Others have sent out official offer letters with the deferred start date. Come on, ATL, get on this...why do you only report bad news??
71, not all law students are ugly and antisocial. One of Foley's deferreds is very cute and very charming.
87,
Do you know how provincial smaller markets can be? They are full of people from local/state schools who would prefer to hire from those schools rather than T-14 types.
I'm looking for work in Florida (I have strong ties to the state and am barred here and in NY) and can't tell you how many times I've had to explain why I chose to go to a T-14 rather than a Florida school. They would rather hire Stetson grads.
SeTTTh and Greg would never let this happen at Paul HasTTTings.
96: But that little shit stain Barry would...
65 knows how to google "Mayback" and read a little bit.
65, I have an 2008 S550 and I can tell you that it does not have the privacy shade or "curtains" that the Maybach has. Sure I have a rear privacy shade but PE was referring to the side windows.
97: That little "shit stain" Barry would pimp his grandmother for another nickel of PPP.
97/100- Please don't knock my hero Barry. He has not: ruined as many careers, fucked over as many colleagues, molested as many cute summers or taken as many (home office) cocks in the arse as may otherwise be indicated.
3-
Do you love W that much as to collect and photoshop images of him?
No more terrorist attacks? Mission Accomplished
Liberate 50 million Muslims? Mission Accomplished
Make America's enemies fear you? Mission Accomplished
How about you hand over to the government all the taxes you would have paid without his tax cuts?
Landing on a carrier after toppling a mass murdering dictator? That was freaking awesome!
Almost as awesome as throwing out the first pitch after 9/11 with no fear.
How about when Obama completely destroys America? Mission Accomplished?
"all incoming IP associates are deferred until September, 2010, with a $5K/month stipend (no health care) beginning February 1; "
What does this mean? Are the IP associates intended for soft IP, trademarks, licensing, etc or they patent prosecutors/litigators? It's a huge difference.
ha 102's completely gone...
95, the reason they want a grad from a local school obviously is because the firms expects he had contacts from law school who also are staying in the local area. As his drinking buddies from 4th tier shit-school get jobs they will be able to guide work to him and the firm.
NYC and maybe LA are the fairest markets. Hiring decisions are made relatively objective facts - law school and class rank.
I never understood the logic of going to a T20-T50 regional law school such as Emory or BC/BU or SMU if you don't get into a T14 school. Sure you may have a shot at making biglaw, but medium law firms care about local ties and how many people you know that are in industry in the town you will work.
Hey everyone, don't you understand that 55/68 has worked so hard and incurred much debt to get here? And that all he wants is some clarity? Will no one spare this pathetic soul some clarity? Just some clarity--he asks for no more.
Oh, this just in: birds fly, fish swim, and life isn't fair but you can still entertain many with incessant cries for answers that no one can provide. Thanks for sharing.
In September 2010, is Foley going to defer the associates to February 2011? In February 2011, is Foley going to defer the associates to September 2011? In September 2011, is Foley going to defer the associates to February 2013? In February 2013, is Foley going to defer the associates to September 2013? In September 2013, is Foley going to defer the associates to February 2014? In February 2014, is Foley going to defer the associates to September 2014? In September 2014, is Foley going to defer the associates to February 2015? In February 2015, is Foley going to defer the associates to September 2015? In September 2015, is Foley going to defer the associates to February 2016? In February 2016, is Foley going to defer the associates to September 2016? In September 2016, is Foley going to defer the associates to February 2017? In February 2017, is Foley going to defer the associates to September 2017? In September 2017, is Foley going to defer the associates to February 2018? In February 2018, is Foley going to defer the associates to September 2018? In September 2018, is Foley going to defer the associates to February 2019? In February 2019, is Foley going to defer the associates to September 2019? In September 2020, is Foley going to defer the associates to February 2021? In February 2021, is Foley going to defer the associates to September 2021? In September 2021, is Foley going to defer the associates to February 2022? In February 2022, is Foley going to defer the associates to September 2022?
But what can we expect in September 2022?
Yeah Emory is a regional school....if that region is NY.
The economy is being talked up now to get holiday consumer spending going. Come January, the true extent of the devastation will sadly be evident to all. This "recession" will not be over until 2015, by which the U.S. will taken the same ignominious fall that befell the UK in the 1970's.
The firm has not responded to ATL's request for comments because the firm has deferred all such responses to September 2010.
110 -
I agree. I actually think a 2015 recovery is optimistic, though. Very few will start in January, and the rest will be fired within the first year.
The same people who say that no firm will start associates in January are the same people who were screaming that firms would go to 190 not so long ago. It's all speculation at best, and ignorance at worst. The same goes for those who only see a recovery in 2015. I bet these same people saw the recession coming from a mile away and knew exactly when it would start.
The bottom line is that the only people who know what will happen are those who are truly in the know, i.e. managing partners and some HR people. The situation is different at different firms, so bad news from one firm means little unless you are headed to that firm.
More likely than not, most of the class of 2009 will start at their firms and those who do not will find sympathy from their future employers. These lawyers are stressed and based on what has happened this past year, their feelings are warranted. Unfortunately, the stress won't subside until they start, and it will soon be replaced with a different kind of stress.
Those who derive pleasure from this whole scenario are just cruel.
No room at the Inn.
Not even Yota can see the future.
Wow, Foley just sets a new low. Seriously, any student who chooses this firm really has no options. In addition to what's reported here, they've been doing stealth layoffs all year. This firm is truly a shithole - avoid at ALL costs.
87 -- Foley is headquartered in a midwestern state and probably would love to hire a Yale grad, but I'm willing to bet you'll still be deferred.
"The bottom line is that the only people who know what will happen are those who are truly in the know, i.e. managing partners and some HR people. "
If you are at Foley or scheduled to go there, do you have any confidence that your managing partners and HR people know what they are doing?
From what I've heard, I don't think that there is much confidence in anything going on over at Foley right now.
Those who think that the economy will not recover until 2015 are delusional. The Chinese will buy us outright before 2015.
Cheap firms do cheap thing period
Cheap firms do cheap things period
Good one 109 - - you keep thinking that OK.
Good one 109 - - you keep thinking that OK.
Good one 109 - - you keep thinking that OK.
They took our jobs!
http://www.youtube.com/watch?v=Dh5pqt1sM8w
84 said: 68 -
Putting the Lord's name in the same sentence as an f-bomb will not likely call down any divine assistance with your current state.
Oh I don't know.
Jesus dropped F-bombs all the time.
It's his middle name:
Jesus Fucking Christ
118 is on point. Foley's management is less than impressive.
Anyone have info on what's happening at the Milwaukee office?
A good post, very helpful information.
http://www.lowerpainback.com/