Anonymous User wrote:Anonymous User wrote:Anonymous User wrote:I've heard from a number of different people that the firm is not doing too well right now.
That's doubtful. They had over 40 SAs last year and plan to have the same amount this year. They just paid mid-year bonuses last month, just like they did the previous 2 years. They've been in the top 10 for PPP and RPL for many years. Markets aren't slowing down at all either.
I heard that the bonuses (and number of summer associates) were, in part, to keep up appearances and that their bottom line is hurting. I wouldn't say anything except I've heard this from a number of different, reliable sources.
This is absolutely not true. They are actually asking some first years to start early (before October) because there is that much work to go around right now.