Fresh Prince wrote:Anonymous User wrote:bk1 wrote:Anonymous User wrote:Aside from the 2009 layoffs, does anyone know anything regarding Cooley's "model" during downturns?
They drastically slashed their next year's class size.
Really? How so, and from what size to what new size? Thanks for bringing this up. I haven't heard about this at all, and it seems incongruent with their lateral hiring.
How would it be incongruent? Firms can have different needs for various levels of seniority.
Hey there, great point. I guess two things (1) when I said "lateral," I meant 3L hiring as well, which is much closer to the SA position in timing, and (2) it seemed like they were hiring a large number of more experienced juniors and mid-levels, so I was thinking that unless they expect their attrition rates to change, why would they "drastically slash" their next year's class size?