Nixon Peabody

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Nixon Peabody

Postby Anonymous User » Thu Oct 14, 2010 11:08 pm

Does anyone have an idea whether their recent scandals are a thing of the past? I am considering a SA offer and the 2009 stealth layoffs and indefinite deferrals are worrisome. NALP says that last year 33 of 52 SAs were given a full-time offer, and 26 SAs are expected this year. Is it safe to say that since the class size is now smaller SA-ing should (assuming a good summer) probably result in a full-time offer?

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Re: Nixon Peabody

Postby Anonymous User » Thu Oct 14, 2010 11:55 pm

My roommate works there so I just asked her. She says firm is on solid ground work flow is decent and the 2008 (2009 grads) associates have been pretty much been absorbed. Supposedly theyre on track to absorb the 2009 class early in 2011 and there were rumors about trying to start the class of 2010 (2011 grads) on time. She wasn't sure if that materialized, or whether there may be slight deferral. For your class she guesses they'll be on time. Theyve scaled back class sizes so offer rates should be high. This past summer offer rate was one hundred percent in her office. She thinks it was like that in most offices but wasnt sure. Unless you screw up, you should be in good shape.

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Re: Nixon Peabody

Postby Anonymous User » Fri Oct 15, 2010 12:51 am

Thanks. NP is currently my first choice, so this is great to hear.

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Re: Nixon Peabody

Postby Anonymous User » Fri Oct 15, 2010 10:03 am

From everything I've heard it seems like Nixon is still losing partners to other firms at an alarmingly high rate. The people I know who work there seem kinda down on the firm.

--LinkRemoved--
Read the last paragraph of the "Laterals" subsection.

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Re: Nixon Peabody

Postby Anonymous User » Sun Oct 17, 2010 10:20 pm

Poster whose roomie works at Nixon. She says the story has turned into a bigger deal than it really is. Nixon has even taken a couple partners from firms who were stealing their partners. Reshuffling isn't uncommon at large firms.

Many of the offices are solid, most of the partners that left were NYC (this office is a little light). The partners who left's practice just didn't fit in well with the rest of the firm (they needed a firm with more international platform). The loss was not big and hasn't impacted the firm much. She says don't sweat it. Revenue was fairly steady last year and this year the work has picked up even more. Hope this helps.

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Re: Nixon Peabody

Postby Anonymous User » Mon Oct 18, 2010 7:42 am

Anonymous User wrote:Poster whose roomie works at Nixon. She says the story has turned into a bigger deal than it really is. Nixon has even taken a couple partners from firms who were stealing their partners. Reshuffling isn't uncommon at large firms.

Many of the offices are solid, most of the partners that left were NYC (this office is a little light). The partners who left's practice just didn't fit in well with the rest of the firm (they needed a firm with more international platform). The loss was not big and hasn't impacted the firm much. She says don't sweat it. Revenue was fairly steady last year and this year the work has picked up even more. Hope this helps.

Still, losing 26 partners is a lot. And it's not like they all up and moved their practice to a firm with an international platform - 10 went to DLA Piper, 7 to Pillsbury, 4 to Bond Schoeneck (an Upstate NY firm with no national platform, as far as I know) and 5 elsewhere. 26 partners jumping ship doesn't seem like a good sign, and if the higher ups are worried about it, of course they'd tell their employees "No guys, it's cool, they didn't fit in anyway."

And if by "most" in the "most of that partners that left were NYC" you meant 14 partners (the smallest number it could be and still be "most"), that's still 30% of the partners in the NYC office.

I seriously considered Nixon Peabody, and if I were in the position as having them as my only offer, I'd certainly take them up on it. I'm just saying that if a person has other options, they should consider Nixon's current state.

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Re: Nixon Peabody

Postby Anonymous User » Sun Oct 31, 2010 9:42 am

I don't think they've lost 26 partners, I think it's more like 21. In this market, it's not uncommon for partner transfers: both Lantham (26) and DLA (34) have had more partners leave this year. Nixon's have just been more publicized for some reason.

A lot of firms have seen lateraling of partners because there has been a fundamental shift in work areas, leading to higher or lower worth of various partners and different synergies among practices within firms. I wouldn't put much weight in partner losses alone for any firm unless there are other troubling signs like a big drop in revenue/PPP/RPL. Plus, you usually see some shuffling every year.

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Re: Nixon Peabody

Postby bigben » Sun Oct 31, 2010 9:57 am


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Re: Nixon Peabody

Postby Anonymous User » Sat Feb 18, 2012 5:56 pm

Gonna Summer at NP. Can anyone update on their current state?

raspberry927
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Re: Nixon Peabody

Postby raspberry927 » Sun Feb 19, 2012 1:35 pm

Which office? They just announced that 2011 was an excellent year, exceeding budgets (FYE is 1/31). No need for concern.

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Re: Nixon Peabody

Postby LawIdiot86 » Sun Feb 19, 2012 1:48 pm

raspberry927 wrote:Which office? They just announced that 2011 was an excellent year, exceeding budgets (FYE is 1/31). No need for concern.


...but they hasn't restored their salary cuts yet to get their new people back to 160. Can't be too "excellent" in that case. Still worth it if you're already signed up or its your only/best offer.

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Re: Nixon Peabody

Postby Anonymous User » Tue Sep 11, 2012 7:46 am

LawIdiot86 wrote:
raspberry927 wrote:Which office? They just announced that 2011 was an excellent year, exceeding budgets (FYE is 1/31). No need for concern.


...but they hasn't restored their salary cuts yet to get their new people back to 160. Can't be too "excellent" in that case. Still worth it if you're already signed up or its your only/best offer.


This is a concern. Can anyone update on Nixon? Fiscal health, thoughts on firm culture, etc.

It is high on my list.

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Re: Nixon Peabody

Postby Anonymous User » Tue Sep 11, 2012 11:54 am

Anonymous User wrote:
LawIdiot86 wrote:
raspberry927 wrote:Which office? They just announced that 2011 was an excellent year, exceeding budgets (FYE is 1/31). No need for concern.


...but they hasn't restored their salary cuts yet to get their new people back to 160. Can't be too "excellent" in that case. Still worth it if you're already signed up or its your only/best offer.


This is a concern. Can anyone update on Nixon? Fiscal health, thoughts on firm culture, etc.

It is high on my list.


Bump.

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Re: Nixon Peabody

Postby Anonymous User » Tue Sep 11, 2012 12:12 pm

I submitted an online application recently. Does anyone know if they are still accepting applications or whether they are pretty far into their recruiting season

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Re: Nixon Peabody

Postby Anonymous User » Tue Sep 11, 2012 12:37 pm

Anonymous User wrote:I submitted an online application recently. Does anyone know if they are still accepting applications or whether they are pretty far into their recruiting season


Not sure if useful indication but I haven't read of any offers being extended yet

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Re: Nixon Peabody

Postby Anonymous User » Tue Sep 11, 2012 7:39 pm

Bump.

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Re: Nixon Peabody

Postby Anonymous User » Wed Sep 12, 2012 12:37 am

Anonymous User wrote:
LawIdiot86 wrote:
raspberry927 wrote:Which office? They just announced that 2011 was an excellent year, exceeding budgets (FYE is 1/31). No need for concern.


...but they hasn't restored their salary cuts yet to get their new people back to 160. Can't be too "excellent" in that case. Still worth it if you're already signed up or its your only/best offer.


This is a concern. Can anyone update on Nixon? Fiscal health, thoughts on firm culture, etc.

It is high on my list.



TBH my top choice firms all pay 145k and i dont think it speaks to their financials in the slightest. it speaks to people being personable/friendly/helpful and a lower billable hour rate [which interests me]. IMO your choices are: cutthroat/fratty and 160+ or slightly less manic/collegiate and 145. if you had a good time there, i wouldnt worry about it too much. a close family friend is a NP newer partner and they are very, very well off.

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Re: Nixon Peabody

Postby Anonymous User » Wed Sep 12, 2012 8:04 am

Would NP be considered a "lifestyle" firm?

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Re: Nixon Peabody

Postby Anonymous User » Wed Sep 12, 2012 11:43 am

Anonymous User wrote:
Anonymous User wrote:I submitted an online application recently. Does anyone know if they are still accepting applications or whether they are pretty far into their recruiting season


Not sure if useful indication but I haven't read of any offers being extended yet

I know of at least one.

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Re: Nixon Peabody

Postby Anonymous User » Wed Sep 12, 2012 12:27 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:I submitted an online application recently. Does anyone know if they are still accepting applications or whether they are pretty far into their recruiting season


Not sure if useful indication but I haven't read of any offers being extended yet

I know of at least one.

which office?

Anonymous User
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Re: Nixon Peabody

Postby Anonymous User » Wed Sep 12, 2012 12:36 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:I submitted an online application recently. Does anyone know if they are still accepting applications or whether they are pretty far into their recruiting season


Not sure if useful indication but I haven't read of any offers being extended yet

I know of at least one.

which office?


SF

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Re: Nixon Peabody

Postby Anonymous User » Fri Sep 14, 2012 1:38 pm

Bump

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Re: Nixon Peabody

Postby Anonymous User » Fri Sep 14, 2012 4:49 pm

Anonymous User wrote:Bump

Anyone hear of DC offers yet?

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Re: Nixon Peabody

Postby Anonymous User » Sun Sep 16, 2012 1:26 pm

Anonymous User wrote:
Anonymous User wrote:Bump

Anyone hear of DC offers yet?

nope

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Re: Nixon Peabody

Postby Anonymous User » Mon Sep 17, 2012 12:23 pm

Bump for Boston.




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