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Shearman & Sterling Quote Archive
| violent gaping main people | 06/28/06 |
| violent gaping main people | 06/28/06 |
| violent gaping main people | 06/28/06 |
| violent gaping main people | 06/28/06 |
| Supple gay brethren internal respiration | 06/28/06 |
| Comical haunting set philosopher-king | 06/28/06 |
| violent gaping main people | 06/28/06 |
| Comical haunting set philosopher-king | 06/28/06 |
| Comical haunting set philosopher-king | 06/28/06 |
| violent gaping main people | 06/28/06 |
| Comical haunting set philosopher-king | 06/28/06 |
| violent gaping main people | 06/28/06 |
| Comical haunting set philosopher-king | 06/28/06 |
| Alcoholic Patrolman Roast Beef | 06/28/06 |
| Razzle Shivering Roommate | 06/28/06 |
| Out-of-control Sooty Spot Death Wish | 06/28/06 |
| Comical haunting set philosopher-king | 06/28/06 |
| Learning Disabled Forum Pozpig | 06/28/06 |
| hairraiser self-absorbed bbw | 03/05/07 |
Poast new message in this thread
Date: June 28th, 2006 9:41 AM Author: violent gaping main people I may need these later. (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6092100) |
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Date: June 28th, 2006 9:42 AM Author: violent gaping main people Reuters News
October 26, 2001 Friday 8:57 PM GMT
Bob Treuhold, managing partner of Shearman & Sterling, said that attorneys who do not have the "right long-term fit" with the firm will be given three months notice.
Treuhold characterized the cuts as part of the firm's normal review process.
"Twice a year we go through a review process to make sure that we continue to maintain the selective and high standards that our clients expect," said Treuhold. |
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Date: June 28th, 2006 9:42 AM Author: violent gaping main people "Shearman & Sterling, the fifth biggest US law firm, has said it is shed ding 10 per cent of its associates. "It's in the nature of the times - these decision are unavoidable," said Chris Bright, a partner at Shearman. "We're in the same economic cycle as our clients." " Financial Times (London,England), November 30, 2001
Wall Street Lawyers Being Laid Off as Deals Drop, The New York Times November 9, 2001 Friday:
"Shearman & Sterling, with 950 associates, announced layoffs of about 10 percent from its headquarters in New York and other offices. "
"Now, on the Greedy Associates Web site (www.greedyassociates .com), the forum of choice for those working at the firms that they collectively call Biglaw, crabbing about bonuses -- the standard last year was $40,000 -- has given way to mordant jokes about getting "Shearmanated." Shearman associates often refer to the partners' profits, which last year averaged about $1.2 million.
"I heard Shearman partners are sacrificing, in a bloody, gruesome manner, 1 of each 10 associates at midnight during the next full moon," one reported the day before Shearman & Sterling announced layoffs. "Nobody will be spared!"" |
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Date: June 28th, 2006 9:42 AM Author: violent gaping main people Let's compare:
* Davis Polk & Wardwell circulated a memorandum within the firm announcing there would be no layoffs, but also no year-end bonuses.
* Simpson Thacher & Bartlett's chairman gave associates assurances believed to mean there would be no layoffs.
* Cleary, Gottlieb, Steen & Hamilton circulated a memorandum telling associates the weak economy would not lead to layoffs.
* Sullivan & Cromwell not only announced there would be no layoffs, it promised year-end bonuses.
...
On Oct. 26, New York's Shearman & Sterling circulated an internal memorandum about "a boom-economy workforce in a weak economy" and announced that about 80 associates would be let go.
88 A.B.A.J. 26 |
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Date: June 28th, 2006 1:20 PM Author: Supple gay brethren internal respiration Davis Polk doesnt come off too good here either (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093739) |
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Date: June 28th, 2006 9:44 AM Author: Comical haunting set philosopher-king (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6092111) |
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Date: June 28th, 2006 9:45 AM Author: violent gaping main people See http://www.xoxohth.com/thread.php?thread_id=283499&forum_id=2
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Date: June 28th, 2006 9:46 AM Author: Comical haunting set philosopher-king (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6092119) |
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Date: June 28th, 2006 12:24 PM Author: Comical haunting set philosopher-king (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093283) |
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Date: June 28th, 2006 12:25 PM Author: violent gaping main people I think the consensus at the time was that the guy was a tool, but the use of a 'cold offer' would have been more appriopriate (esp. given the firm's history). (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093285) |
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Date: June 28th, 2006 12:35 PM Author: Comical haunting set philosopher-king (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093348) |
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Date: June 28th, 2006 12:37 PM Author: violent gaping main people It's disputed how respectful it was, but no matter. As for the history, I'm referring to the firings. See, e.g., http://www.autoadmit.com/thread.php?thread_id=443529&mc=56&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093365) |
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Date: June 28th, 2006 12:38 PM Author: Comical haunting set philosopher-king (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093377) |
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Date: June 28th, 2006 3:40 PM Author: Alcoholic Patrolman Roast Beef There's a pretty heavy emphasis on propriety. About the only way a junior associate can fuck up than can't be deflected by someone senior is by speaking out of turn in a client meeting or something. (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6094895) |
Date: June 28th, 2006 10:15 AM Author: Razzle Shivering Roommate What's with all the threads here today on this non-V10 TTT? (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6092254) |
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Date: June 28th, 2006 1:27 PM Author: Out-of-control Sooty Spot Death Wish covington troll (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093808) |
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Date: June 28th, 2006 1:35 PM Author: Comical haunting set philosopher-king (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093864) |
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Date: June 28th, 2006 1:36 PM Author: Learning Disabled Forum Pozpig I bet they gave great severance. I would love to be laid off if I got like 4-6 month severance. (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#6093868) |
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Date: March 5th, 2007 10:50 AM Author: hairraiser self-absorbed bbw Nice finds. (http://www.autoadmit.com/thread.php?thread_id=443768&forum_id=2#7710965) |