Just curious why you all think this. Is it because of previous layoffs/no offers, or some other reputation issue?
1) Layoffs. Howrey was one of the few big firms to continue blatant layoffs in 2010.
2) No offers.
3) Partner defections that were occurring well before and during 2010 OCI.
4) A shockingly bad decline in revenue and PPP.
5) The "bootcamp" spiel. Basically, in my opinion, for a big firm to modify basic compensation and training in response to the financial crisis is a huge red flag. For instance, after Wilmer switched to their system, I was pretty weary about them. Now that they're doing significantly better, I wouldn't be surprised to see them switch back to lockstep. DC firms, however, are harder to gauge for these sorts of things, as the lower magnitude of profits sometimes warrants a distinct compensation system.