Mal wieder: Börsennotierte Anwaltskanzleien
am 24.04.2008 von http://www.jurabilis.de
Above The Law-Herausgeber David Lat hat gestern im New York Observer einen kleinen Science-Fiction-Artikel platziert:NEW YORK, March 17, 2009—Biglaw, Inc. (NYSE: LAW) today reported net revenues of $462.5 million and net earnings of $205 million for its first quarter ended February 28, 2009. Diluted earnings per common share were $0.86, compared with $1.01 for the first quarter of 2008.
“Business conditions remain difficult,” said managing partner George Owens. “The firm is being squeezed on both ends. Clients are tired of paying $300 an hour for a junior associate who knows nothing. Meanwhile, those same junior associates demand $160,000 starting salaries, 18 weeks of paid parental leave, and Swedish massages on Fridays. Something has to give.”Besonderes Sparpotential sieht das Management dieser virtuellen Anwaltsgesellschaft - wie schon viele Großkanzleien des Jahres 2008 - bei der Bespaßung der Summer …
Summer Associates: FAQ
Jurabilis / Großartig, eine eigene FAQ-Liste zum Summer Associates Program der Kanzlei Pepper Hamilton LLPWill Pepper Hamiltons summer program give me a true picture of practice at the firm? Yes. We approach our Summer Associate Program with two basic goals -…
Die Nestflucht der Großkanzlei-Associates: Warum und wohin?
Jurabilis / At the 250 largest law firms, the arrows are pointing up for many associate indicators. Summer internships are up. Incoming associate classes are up. Recruiting costs for both summer and first-year associates, in dollars and in partner time, are…
Summer Associates Alimentary School
Jurabilis / A free lunch may seem mundane compared to those lavish outings, but in a city that is home to some of the finest dining in the hemisphere, the summer associate lunch is a category of perk unto itself. Since the days when Wall Street lawyers welcome…
Endlich ...
Jurabilis / ... hat auch diese Summer-Associate-Saison ihr müdes Skandälchen. Die Gerüchteköche nehmen potentiellen Kritikern vorsorglich den Wind aus den Segeln:Sometimes people object to our coverage of summer associate scandals. We view it as a publ…
Weihnachtszeit, Bonus-Zeit
Jurabilis / For big-firm associates in New York it may be time to uncork the champagne. This just in: Milbank, Tweed, Hadley & McCloy has announced it is paying year-end associate bonuses ranging from $30,000 for the most junior attorneys up to $65,000. Tha…
Nochmal: Bewerbermarkt
Jurabilis / American Lawyer Student Edition in der Einleitung zu einem Bericht über die Summer Associates 2005:Its good to be the king, But if you cant be king, being a summer associate comes in a close second. The attitude of the respondents to the 2005 Summe…
» Cravath, Inc.: What If New York’s Law Firms Went Public? | The New York Observer
In the 1980s sitcom Mr. Belvedere, the mother of the family, Marsha Owens, worked for a time in a shopping-mall law firm called Legal Hut. It seemed like a good gag at the time—a law office that was part of a big chain, located in the quotidi…
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