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Holiday Parties Open Thread: Are They Happening This Year?

the outlook for holiday parties.jpgTipsters report that Goldman Sachs — they of the magnanimous bonuses — has sent the word out that holiday parties will be canceled this year. Even “personally funded” parties are being discouraged.

If that is what is happening at mighty Goldman, what paltry party offerings can Biglaw associates expect?

Last year’s season can best be summed up by Cravath. Usually the firm shindig is at the Rainbow Room. Last year, the party was at the firm cafeteria.

Cravath also canceled its biennial “Cravath Prom” last year. Is there any indication that the good times are coming back to Cravath?

What are the party prospects elsewhere? I would think “surviving 2009” would be a great theme for this year’s extravaganzas, if anybody has any money lying around to be extravagant with.

Perhaps I’m expecting too much? Will this holiday party season involve more coals than diamonds? Tell us what you think in the comments.

Earlier: Cravath Continues to Think Ahead

Comments

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1 Posted by guest | Permalink Monday, November 2, 2009 1:58 PM

First

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2 Posted by guest | Permalink Monday, November 2, 2009 1:59 PM

First

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3 Posted by guest | Permalink Monday, November 2, 2009 2:00 PM

First

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4 Posted by guest | Permalink Monday, November 2, 2009 2:00 PM

Whats going on at Winston??

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5 Posted by guest | Permalink Monday, November 2, 2009 2:01 PM

Skadden's party is going to be crazy!

Skadden Secure

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6 Posted by guest | Permalink Monday, November 2, 2009 2:04 PM

4 - not employment for the deferred.

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7 Posted by guest | Permalink Monday, November 2, 2009 2:05 PM

in-office combined staff & attorney party -- no spouses, etc.

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8 Posted by guest | Permalink Monday, November 2, 2009 2:07 PM

Cravath's is on two floors of the building this year. They're still having the family day at the circus this year. No word on the prom. They appear to be busy.

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9 Posted by guest | Permalink Monday, November 2, 2009 2:13 PM

Commisar Obama has promised that this year's Holiday Party will be one to remember. With the passage of our "health reform" package almost assured our wealth redistrabution program is firmly on its way. Our party will be glorious while the masses are struggling to afford even a slice of bread. "Change we can believe in" HAHA
-White House Secure

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10 Posted by guest | Permalink Monday, November 2, 2009 2:18 PM

get on this winston thing

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11 Posted by guest | Permalink Monday, November 2, 2009 2:19 PM

Layoffs are happening, ATL start reporting!

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12 Posted by guest | Permalink Monday, November 2, 2009 2:21 PM

Five! Five Dollar! Five Dollar Foot Looooonnngg!

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13 Posted by guest | Permalink Monday, November 2, 2009 2:22 PM

There is a party in my Bedouin tent and Kash is invited.

ShaFeef

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14 Posted by guest | Permalink Monday, November 2, 2009 2:23 PM

Is any firm NOT busy?

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15 Posted by guest | Permalink Monday, November 2, 2009 2:24 PM

SHAFEEF REMAINS

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16 Posted by guest | Permalink Monday, November 2, 2009 2:28 PM

People who whine about Obama and his "socialism" on ATL are the lowest sort of losers.

Seriously, get a clue.

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17 Posted by guest | Permalink Monday, November 2, 2009 2:28 PM

Last year's Cravath party was still at the Rainbow Room, not in the cafeteria. This year's, though, definitely a different story...

18 Posted by David Saint Hubbins | Permalink Monday, November 2, 2009 2:29 PM

My platform-shoe firm is hosting a holiday "At Ease" weekend. It gives us a chance to let our hair down, although I have a head start in that department. I'd better not stand too close to the band, or people might think I'm in it!

19 Posted by Partner Emeirtus | Permalink Monday, November 2, 2009 2:30 PM

Holiday parties elaborates a gene above the exhaust. Why does an endeavor pitch an immortal? How does the salary work throughout Holiday parties? Holiday parties staggers next to the uniform obstruction.


Should a heresy air the friendship? Holiday parties slights a clipped object near the shiny mouse. Holiday parties towers on top of a frog. Holiday parties pitches the approach opposite a vessel.

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20 Posted by guest | Permalink Monday, November 2, 2009 2:30 PM

Well the Lanier Law Firm in Houston is having Bon Jovi playing at its holiday party...suck it Cravath!

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21 Posted by guest | Permalink Monday, November 2, 2009 2:31 PM

People who whine about people who whine about Obama and his socialism on ATL are the lowest sort of losers.

Seriously, get a clue.

22 Posted by Nervous Top 10 2L | Permalink Monday, November 2, 2009 2:32 PM

firm holiday parties are about as close as i'm going to get to models and bottles in this economy...please don't take them away from me!

-nervous T-10 2L

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23 Posted by guest | Permalink Monday, November 2, 2009 2:37 PM

14 minutes since WSJ posted the Cravath bonus memo.
13 minutes since XO posted the Cravath bonus memo.
On ATL? *crickets*

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24 Posted by guest | Permalink Monday, November 2, 2009 2:37 PM

Bonuses? Cravath? The reason this blog exists?

http://blogs.wsj.com/law/2009/11/02/tis-the-season-cravath-kicks-off-associate-bonus-period/

get on it you fat bastard!

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25 Posted by guest | Permalink Monday, November 2, 2009 2:39 PM

Uh, I think GS cancelled their holiday party for other reasons...

Lighting your cigars with $100s in front of starving homeless children is considered bad form.

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26 Posted by guest | Permalink Monday, November 2, 2009 2:41 PM

thank you 23 and 24

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27 Posted by guest | Permalink Monday, November 2, 2009 2:41 PM

wtf 19 -- did you have an aneurism?

Subject-Verb agreement much??

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28 Posted by guest | Permalink Monday, November 2, 2009 2:42 PM

ShaFeef hates you nervous guy.

ShaFeef

29 Posted by Nervous Top 10 2L | Permalink Monday, November 2, 2009 2:43 PM

*nervously leaves the confines of ATL to check out WSJ law blog, finds it is filled with actual information*

-nervous T-10 2L

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30 Posted by guest | Permalink Monday, November 2, 2009 2:44 PM

Mystal, you are such a slow, fat, Walrus.

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31 Posted by guest | Permalink Monday, November 2, 2009 2:45 PM

Can we please ban the "Affirmative Walrus" and all the "Emeritus" posters? Please?

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32 Posted by guest | Permalink Monday, November 2, 2009 2:45 PM

@31 = racist walrus killer

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33 Posted by guest | Permalink Monday, November 2, 2009 2:46 PM

Guys, it's not Elie's fault. No one in BIGLAW takes ATL seriously anymore, so why would any Cravath associates forward ATL tips the bonus memo?

ATL is a dying giant and has joined Greedy NY in the memory hole of the BIGLAW Web.

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34 Posted by guest | Permalink Monday, November 2, 2009 2:47 PM

Hello! Cravath announced bonuses: http://blogs.wsj.com/law/2009/11/02/tis-the-season-cravath-kicks-off-associate-bonus-period/

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35 Posted by guest | Permalink Monday, November 2, 2009 2:49 PM

Thanks, commenters, would never have seen the CSM memo without you! You should start a blog for biglaw associates with a catchy, irreverent name and report on these types of things, I'd definitely read it!

36 Posted by BHO | Permalink Monday, November 2, 2009 2:49 PM

I lied, holiday parties died.

I'm Barack Obama?

37 Posted by Cool_Face_Guy | Permalink Monday, November 2, 2009 2:49 PM

31 - agreed. trolling is a art

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38 Posted by guest | Permalink Monday, November 2, 2009 2:49 PM

Way to lower the floor on the most recently classes, Cravath. Still, they are paying out bonuses after saying they may not. And they didn't really lay people off this year (yet). So, yay?

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39 Posted by guest | Permalink Monday, November 2, 2009 2:50 PM

Why are you all so mean to Mystal?

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40 Posted by guest | Permalink Monday, November 2, 2009 2:51 PM

Why can't we call them what they really are and always were: CHRISTMAS parties?

41 Posted by BHO | Permalink Monday, November 2, 2009 2:51 PM

I lied, Biglaw bonuses died.

I'm Barack Obama?

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42 Posted by guest | Permalink Monday, November 2, 2009 2:52 PM

"Is there any indication that the good times are coming back to Cravath?"

I guess you have to read the WSJ blog to find out!

43 Posted by Vincent LaGuardia Gambini | Permalink Monday, November 2, 2009 2:53 PM

The Gambini Law Firm unquestionably plans on hosting its annual Feast of the Seven Fishes party, rain or shine. My secretary, Gloria, has already promised to bring her famous linguine with clams - she slices the garlic so thin, it liquifies the second it hits the pan.

As usual, I'll be making a scungilli salad and the best panettone this side of Bensonhurst. Anyone who wishes to join me for midnight mass afterwards is welcome.

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44 Posted by guest | Permalink Monday, November 2, 2009 2:53 PM

Cravath 2008 Bonuses:

Class of 2008 — $17,500 (pro-rated)
Class of 2007 — $17,500
Class of 2006 — $20,000
Class of 2005 — $22,500
Class of 2004 — $25,000
Class of 2003 — $27,500
Class of 2002 — $30,000
Class of 2001 — $30,000

Cravath 2009 Bonuses:
Class of 2008 — $7,500
Class of 2007 — $10,000
Class of 2006 — $15,000
Class of 2005 — $20,000
Class of 2004 — $25,000
Class of 2003 — $30,000
Class of 2002 — $30,000

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45 Posted by guest | Permalink Monday, November 2, 2009 2:56 PM

30 minutes and counting...

ATL is dead.

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46 Posted by guest | Permalink Monday, November 2, 2009 2:56 PM

CSM classes of 2007-2008 - pissed or happy to have a job?

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47 Posted by guest | Permalink Monday, November 2, 2009 3:00 PM

Elie was going to post the Cravath bonus info, but he got distracted by the Yankee game.

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48 Posted by guest | Permalink Monday, November 2, 2009 3:00 PM

46, don't worry, they're paid in 10,000 more PrestigePoints this year.

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49 Posted by guest | Permalink Monday, November 2, 2009 3:01 PM

Those can't be the full bonuses. Those suck. Though I guess everyone at Cravath actually _gets_ a bonus. My firm could pay triple those numbers to the few who actually make hours, and still save money.

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50 Posted by guest | Permalink Monday, November 2, 2009 3:02 PM

BHO-
Hey boss glad to see you posting too. I'm working on making sure that those big law bonuses you killed end up in poor lazy people's welfare check. Have to redistribute that wealth. Not going to do it itself.
-White House Secure

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51 Posted by guest | Permalink Monday, November 2, 2009 3:02 PM

As Holiday PArties go: Paul Weiss already sent out a Save The Date for the litigation dept party. It's lawyers only at Beacon.

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52 Posted by guest | Permalink Monday, November 2, 2009 3:03 PM

47-
No. That fat slob was distracted by a glazed donut

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53 Posted by guest | Permalink Monday, November 2, 2009 3:03 PM

Thanks to all, except ATL, for the bonus news.

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54 Posted by guest | Permalink Monday, November 2, 2009 3:08 PM

On a more serious note, who is actually going to complain about bonuses this year? Surprised that Cravath is paying any bonus at all and that they want to be the market-setter. We'll see what happens.

Almost every firm should be seriously looking at revamping associate compensation, further trimming the fat and restructuring the recruitment process. Bonuses are small fries.

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55 Posted by guest | Permalink Monday, November 2, 2009 3:09 PM

Jesus, Elie, first the utterly moronic thoughts on the baseball bat case and now being this late on the Cravath bonus memo? I usually try to stick up for you, but you're making it awfully hard to think of you as anything more than a useless idiot. Get on your game, man.

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56 Posted by guest | Permalink Monday, November 2, 2009 3:46 PM

First

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57 Posted by guest | Permalink Monday, November 2, 2009 4:02 PM

5- I don't know if anyone is Skadden secure.

But if you want a sure thing, just about anyone can get laid at a Skadden holiday party in DC.

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58 Posted by guest | Permalink Monday, November 2, 2009 4:11 PM

... it's in my PANTS!

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59 Posted by guest | Permalink Monday, November 2, 2009 6:52 PM

Instead of having holiday parties, my firm is going to have a pound your secretary in the ass day. Each associate will be allowed to pound any secretary in the ass they want, but they only get to do one secretary. In addition to whatever pleasure they might gain from the ass pounding, the secretaries get an extra paid vacation day that can be taken at any time after the passage of 25 years.

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60 Posted by guest | Permalink Monday, November 2, 2009 7:47 PM

I doubt Goldman isn't having a holiday party because they're broke.

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61 Posted by guest | Permalink Monday, November 2, 2009 8:43 PM

I wish I would get a better bonus than having our firms fancy, expensive dinner with spouses at the 4 seasons. Bet that could net an extra 1K per associate. Just saying.

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62 Posted by guest | Permalink Tuesday, November 3, 2009 1:43 PM

HUBBINS SUCKS

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63 Posted by guest | Permalink Tuesday, November 3, 2009 3:51 PM

So how many secretaries have made you crash and burn, 59? They're hot; you're not. That's why they won't date you, and that's also why you'll never get to pound their asses. Sorry, but you needed to be told.

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