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DEWEY BLOOBATH COMING!
Poast new message in this thread
Date: March 2nd, 2012 5:47 PM Author: apoplectic resort :( (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107513) |
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Date: March 2nd, 2012 5:48 PM Author: Citrine Out-of-control Market go on... (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107516) |
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Date: March 2nd, 2012 5:48 PM Author: apoplectic resort cash flow problems known already. too many partner departures and guaranteed compensation for shit partners screwing things up.
layoffs announced across the board. |
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Date: March 2nd, 2012 5:49 PM Author: Vibrant Set Incel Announced, past tense? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107530) |
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Date: March 2nd, 2012 5:50 PM Author: apoplectic resort like in the last 5 minutes.
I scoop ATL. |
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Date: March 2nd, 2012 5:51 PM Author: Vibrant Set Incel You should send David Lat a cock pic. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107544) |
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Date: March 2nd, 2012 6:23 PM Author: exhilarant bipolar chad (David Lat) (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107759) |
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Date: March 2nd, 2012 8:19 PM Author: Rough-skinned national (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20108476) |
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Date: March 16th, 2012 8:59 PM Author: Azure Doctorate Field (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20223538) |
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Date: March 18th, 2012 3:01 PM Author: opaque splenetic multi-billionaire crotch 180 (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20235378) |
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Date: March 21st, 2012 12:01 AM Author: Supple Plaza Hairy Legs lol (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20254802) |
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Date: March 2nd, 2012 5:49 PM Author: Citrine Out-of-control Market all offices and practice groups impacted? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107533) |
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Date: March 2nd, 2012 5:51 PM Author: apoplectic resort not necessarily no. They just announced layoffs generally.
Besides the partners leaving I dont know if any group is in trouble - probably associate who did not go along with departed partners. but they said the layoffs were to address cash problems. |
Date: March 2nd, 2012 5:52 PM Author: Big Stage Bbw ATL is TTT anyway tyft (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107554) |
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Date: March 2nd, 2012 5:52 PM Author: racy ruby institution gaping Post removed by moderator for violating The Law of The Land. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107555) |
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Date: March 16th, 2012 5:51 PM Author: Supple Plaza Hairy Legs ???? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20222461) |
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Date: March 2nd, 2012 5:52 PM Author: Plum orchestra pit In before ATL breaks the news. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107556) |
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Date: March 2nd, 2012 6:10 PM Author: apoplectic resort 6% staff and lawyers. More likely 10% (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107689) |
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Date: March 2nd, 2012 6:24 PM Author: Big Stage Bbw :( (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107760) |
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Date: March 16th, 2012 8:56 PM Author: Ebony Newt Stead 10% of lawyers = 0% of partners and 20% of associates. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20223506) |
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Date: March 2nd, 2012 6:18 PM Author: Brilliant Antidepressant Drug Windowlicker Serious question: what will happen to 3Ls with offers and incoming SAs? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107732) |
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Date: March 2nd, 2012 6:29 PM Author: Diverse property killself? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107780) |
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Date: March 2nd, 2012 6:20 PM Author: copper personal credit line fat ankles :( (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107741) |
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Date: March 2nd, 2012 6:41 PM Author: spectacular impressive trust fund pistol Terrible news, but I suspect this would have to be done to prevent an implosion. My heart go out to those associates affected. The asshole partners can go fuck themselves.
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Date: March 2nd, 2012 6:45 PM Author: apoplectic resort given record PPP and increased revenues, is it really only because some asshole partners have guaranteed contracts? How else is their cost base out of line? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107875) |
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Date: March 2nd, 2012 6:50 PM Author: spectacular impressive trust fund pistol A similar early layoff may have saved Brobeck. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107910) |
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Date: March 2nd, 2012 6:53 PM Author: apoplectic resort what's the overall issue with dewey? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107931) |
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Date: March 2nd, 2012 7:00 PM Author: spectacular impressive trust fund pistol Nobody except Dewey partners know exactly what is the problem bro. A law firm doesn't open its book to the public. Suffice it to say that they have a cash flow problem and cutting associates/staff will save them about $15 million. For a firm of their size I am not sure if this is sufficient. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107967) |
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Date: March 2nd, 2012 7:03 PM Author: apoplectic resort care to make wild speculation?
if PPP is up and revenue is up, how do costs sky rocket? the merger was a while ago right? |
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Date: March 2nd, 2012 8:30 PM Author: Floppy drunken theater stage haunted graveyard If 99% of law students are finding employment 9 months out according to school reported numbers, whats all this I hear of ITE? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20108570) |
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Date: March 2nd, 2012 6:42 PM Author: apoplectic resort suck it Lat!
http://abovethelaw.com/2012/03/dewey-have-comment-on-recent-developments-yes-firm-is-cutting-5-to-6-percent-of-personnel/ |
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Date: March 2nd, 2012 6:44 PM Author: Big Stage Bbw he would. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107870) |
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Date: March 2nd, 2012 6:46 PM Author: thriller space cuck Isn't he a fellow hapa? You people need to stick together. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107886) |
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Date: March 2nd, 2012 6:47 PM Author: apoplectic resort i dont believe he is hapa. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107888) |
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Date: March 2nd, 2012 6:51 PM Author: bull headed transparent public bath doesn't a poaster work there? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20107914) |
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Date: March 2nd, 2012 8:22 PM Author: bateful gold bawdyhouse Post removed by moderator for violating The Law of The Land. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20108506) |
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Date: March 2nd, 2012 8:28 PM Author: bateful gold bawdyhouse ugh (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20108556) |
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Date: March 16th, 2012 5:45 PM Author: apoplectic resort http://dealbook.nytimes.com/2012/03/15/lean-times-for-dewey-leboeuf/?src=me&ref=general (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20222443) |
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Date: March 16th, 2012 10:18 PM Author: Comical Lay "At the same time, expenses, which include the rising pay for young associates just out of law school, continue to accelerate."
LOL. Is some Dewey shitboomer partner trying to blame their collapse on paying first years 160? |
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Date: March 16th, 2012 11:21 PM Author: Primrose son of senegal generalized bond so they handed out guaranteed contracts like candy based on budget projections w/ double digit growth year after year? lol retard boomer partners (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20224560) |
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Date: March 18th, 2012 12:58 PM Author: walnut church nobody is forcing them to match 160K except their own egos. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20234545) |
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Date: March 16th, 2012 9:00 PM Author: Azure Doctorate Field it's because they absorbed all those Howrey losers (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20223550) |
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Date: March 16th, 2012 11:22 PM Author: Aromatic Parlour Dingle Berry (Truman) (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20224567) |
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Date: March 18th, 2012 10:50 PM Author: Rambunctious cyan electric furnace potus pretty sure Dewey's pragmatism is non-violent, correct me IF I'M WRONG!!!!!!!! (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20239163) |
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Date: March 18th, 2012 11:11 PM Author: frozen juggernaut corn cake 180. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20239372) |
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Date: March 18th, 2012 11:17 PM Author: Lascivious Iridescent Idiot 183 (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20239416) |
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Date: March 18th, 2012 11:10 PM Author: outnumbered persian Let this serve as a lesson to those of you who aren't enthusiastically supporting the Romney campaign. Obama's America. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20239346) |
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Date: March 18th, 2012 11:21 PM Author: Rough-skinned national (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20239461) |
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Date: March 18th, 2012 11:22 PM Author: Autistic Burgundy Mood Piazza i feel like there's a famous poster who works at dewey (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20239480) |
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Date: March 19th, 2012 12:26 AM Author: Blue rehab double fault still waiting on the kirkland bloodbath you predicted years ago (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20240217) |
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Date: March 21st, 2012 12:01 AM Author: bateful gold bawdyhouse the girl he was (is?) banging no longer works there. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20254797) |
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Date: March 20th, 2012 11:55 PM Author: Brilliant Antidepressant Drug Windowlicker Been quiet so far this week. Any developments? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20254734) |
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Date: March 21st, 2012 12:18 AM Author: apoplectic resort they did the first round, the ongoing partner defections are still happening. if they can shore it up, that could be it. If not partners bailing creates a cycle and you are pwned. (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20254926) |
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Date: March 21st, 2012 12:28 AM Author: Brilliant Antidepressant Drug Windowlicker ty. do you think they're making progress towards stabilizing it, or do you think a true implosion is actually coming? (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20255004) |
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Date: March 21st, 2012 12:31 AM Author: apoplectic resort no one knows at this point, what partners do is a secret, especially when they are making plans to jump ship.
i think there is a critical mass that if they leave it will be bad bad news. they are not there yet, but if they cant pay the partners, they will be.
Also associates have no received bonuses yet, its been a long time since December 31. |
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Date: March 21st, 2012 12:41 AM Author: stirring new version Dewey had been a shit hole for a very long time. Ironic as at one point it was the best firm in the country (no joke). Too bad they brought down the BEEF with them as they had some interesting niche groups.
The biggest issue is that most associates at the firm are so TTT it will be hard to land on their feet. |
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Date: April 27th, 2012 2:48 AM Author: racy ruby institution gaping (http://www.autoadmit.com/thread.php?thread_id=1888628&forum_id=2#20558453) |