Chadbourne & Parke: Flourishing or Floundering?
Over at Infirmation / Greedy NY, there's an interesting thread about Chadbourne & Parke. It started off with this post:
I heard a rumor from a partner at my firm that C&P is in "turmoil" and that numerous partners are looking around for new firms. Has anyone else heard a similar rumor? Any comment from C&P associates?
Which was seconded by this one:
"I've heard the same thing. I actually know of multiple C&P partners who have been talking to other firms about moving their practices....."
But opposing viewpoints were offered in these two posts:
"Not what I hear. To the contrary I understand that the mood is upbeat and that C&P is busier than ever and growing. And, they matched bonuses and said in their memo that some associates would get more than their class year. Sounds like a good place to be.""I am an associate at Chadbourne and have seen no turmoil. I hear many rumors, but have not heard these. Any more info? Looking at the firm from the inside, IMHO it seems to be doing well and heading in the right direction. I get market comp at a decent place to work. So, I hope for my sake that the OP has it wrong. Just my two cents."
If you have any detailed, solid information that might help resolve this confusion, we'd love to hear from you.
Turmoil at Chadbourne [Infirmation / Greedy NY]
Comments
C&P's management is notorious for posting positive counter-messages on the boards. The unedited marketing-speak is usually a dead giveaway. While associates get market comp, there are loads of deadweight partners the firm wants to cut that were referred to in the infamous leaked memo. If there are partners looking to jump, they could well be the unprofitable ones who have been asked to depart, or the profitable ones, who have no interest in diluting their earnings to the dead weight.
Posted by: Ex Chaddy Attorney | December 21, 2006 03:47 PM
Some rumor. Chabourne has publicly acknowledged it is having difficulties and will downsize its partnership. It was covered in the legal press back in February. This is what happens when a blog mindlessly follows message board banter.
Posted by: wojo | December 21, 2006 06:55 PM
Where is this infamous leaked memo? I know of the Feb, 2006 article, but this seems like a more recent development -- C&P partners shopping around. It doesn't seem like these are dead-weight partners; one wonders the extent to which C&P management is aware that the partners will be departing.
Posted by: watcher | December 23, 2006 04:50 PM
I also noticed another poster suggesting he/she had heard similar rumors.
Posted by: tyler45 | December 23, 2006 04:53 PM
I am outraged that somenone at the press conference suggested that no one is above the law! Well I got two words for Kenneth Blackwell, "Your Breath Smells Like Donkey Sex."
Posted by: Indrid Adams | December 25, 2006 03:14 AM
SHUT UP BITHC!!!!!!
Posted by: kaybee | December 25, 2006 10:41 PM