I win!

boo ya

First to leave

A three month cushion is a boon. Come the end of June the most one can expect is a friendly firm wide email announcing your departure "to pursue other options" and a swift kick in the arse.

Ladies and gents the days of milk and honey are behind us. Keep your head down and your hours up and maybe you too will be spared.

So what do you do when you only bill 100hrs a month? Go home?

1:52 -

You start dreading having managing partner sit down for a talk with you.

2:04

No, what's even worse is having the secretary to the managing partner sitting down and talking to you.

1:52

You click refresh repeatedly at abovethelaw to see how long it takes for gossip/truth to hit the wires.

You can't just go home...because (1) it's possible that a partner might stroll down the hall with an assignment and you want to be there just in case and (2) you don't want your fact of being slow SO OBVIOUS to everyone by you being gone and (3) if you are gone, it can be inferred you are lazy and not REALLY TRYING to get more work and (4) there's always "something" you can do (e.g. create useless "client development/business development plans" or read up in your area of law or...whatever)...the point is that not having enough work and still having that billable hour requirement out there is like dying a slow death. The BEST that can happen is that after you've spent workday afternoons just SITTING there trying not to be noticed, then a huge case does come and now you're sacrificing your every weekend and evening to get enough hours just to make the minimums for the year. One more reason the law firm model sucks for the junior associate.

2:08, that was a brilliant observation and is spot-on. Bravo!

Maybe Paul T. should have accepted those merger offers from 2-4 years ago. He could have been the Steve Case of the law firm world.

I am so scared!

2:17, you have nothing to fear--no one would dare fire a "Sacred 2L".

what's going to happen to their summer class? I would not want to be in their shoes.

omg where did the mexico city office jump ship to? my firm has been looking to launch in mexico df. for a long time now!

2:35, trust me on this, nothing good was going to happen to that summer class regardless.

What will be the fate of 2L summers at all these big firms that seem to be firing people? Is the bad PR really enough to make them extend offers?

This is what TPW gets for being honest with Lat. Every silly, unsubstantiated rumor is posted. No wonder they don't want to talk anymore. Seriously, you should have some kind of anonymous source policy before you post this garbage.

4:57 - What are you talking about?

The tip re: Armas is accurate. See the update.

I swear I didn't post that, but I must have bc those are my thoughts word for word.

4:57 - get back to what little there is to do at the management of TPW.

everything that has been posted here so far is true, and some of the more extreme stuff isn't even posted. nothing that is posted is even the least bit controversial unless you note that it flies in the face of the latest TPW spin/lie.

if anything, the posters are being kind in not revealing the whole story of the latest round.

5:45 - Dish pls, tyia

TP&W = TT&T

@ 4:42

You are not entitled to a job. You are not entitled to a job. You are not entitled to a job.

Repeat that to yourself about a hundred times and then go behave accordingly as a summer. You will receive your offer.

Bets are off for the business-casual abusing d-bags, though.

Oh, unless you are going as a summer to Mayer Brown, CWT or TPW, or certain market-specific outposts like the big firm offices in Charlotte.

Then you're just screwed and should shine up your resume in your summer office.

Info about TPW's Mexico City office is true, although it's not clear exactly what happened. See Chadbourne's news release regarding new Mexico City office at http://www.chadbourne.com/newsevents/NewsDetail.aspx?news=743

Lat Am group went to Chadbourne

Latin Am group / Mexico City office were not asked to leave. TPW begged them to stay. TPW is spinning that now as a positive to the internal ranks- what's left of them.

Look at the facts from the past few months -

50+ associates ... laid off
Mexico City office ... left for Chadbourne
NY Latin Am practice ... left for Chadbourne
'40 Act practice ... left for Bingham
Bank reg practice ... left for Paul Hastings
White Plains office ... being shut down

If TPW could afford the rent, you could read the writing on the walls.

Hey let's hear about milbank. Are the rumors true? What's the story with this place?

In the wake of all of these cuts, no one has discussed the state of TPW's famous scotch tastings.

TPW to JW Blue!

im curious about milbank. they didnt give me an offer, which I guess worked out fine, Im going to a higher ranked, more relaxed firm in the end but the evil man inside me wants to hear about their woes...

Chadbourne scooped up a reinsurance team from CWT as well. It looks like there might be some winners in this economy.

Is there a cosmological term for an entity that implodes and explodes simultaneously?

TPW partners get what they deserve. After 5 years of an expansion market and they were still hiring beyond firm needs only 2 months before letting people go. Paul T. talked the talk but he could not walk the walk. It's like investing, when you put all of your eggs into one basket, you're going to get burned eventually...TPW=BURNED!!!