For shame, Greenberg Traurig

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Anonymous User
Posts: 325852
Joined: Tue Aug 11, 2009 9:32 am

For shame, Greenberg Traurig

Postby Anonymous User » Tue Jun 12, 2018 11:59 am

I know this was discussed in the raise thread, but I don’t think we’ve done enough to shame Greenberg Traurig’s blatant attempt to spin its inability to give associates raises. (link: https://biglawbusiness.com/raising-asso ... to-sleep/; https://abovethelaw.com/2018/06/greenbe ... -salaries/). Other than the admission that raises would hit partners in the pocket, GT’s explanations don’t make any sense.

[1] “There is financial evidence, according to The American Lawyer, that associate salary increases often precede a recession or slow down, while increasing firm costs.”

Is he saying that he can’t or won’t lower salaries and fire associates when a recession comes? Seems like GT’s past acts prove otherwise. https://www.law360.com/articles/96584/g ... s-salaries (“Greenberg Traurig LLP has joined other firms in decreasing salaries for summer and first-year associates.”). http://amlawdaily.typepad.com/amlawdail ... 100gt.html (“The firm [GT] acknowledged an unspecified number of layoffs of both nonequity partners and associates.”).

Or is he saying that GT is preventing a recession by refusing to give raises? Because that really would be something.

[2] “The first question any good manager must ask, and the question that all clients will ask, is: who is going to pay for this? If you are truly committed to clients, you know the answer.”

Not partners! In fact only a few months ago they were bragging about how their “record-setting revenues” and increase in profits per partner. https://www.gtlaw.com/en/news/2018/2/pr ... rd-results. Who do you think pays for that? So they’re cool with rubbing it in clients’ noses that they’re making more and more money off them every year. But an associate raise? The clients would wither and die!

[3] “This is a time when the best and the brightest should get paid fairly based on all factors.”

So he’s saying GT’s associates aren’t the best and the brightest?

[4] “It is a time to have the courage to step forward and innovate”

Please Mr. Rosenbaum, describe GT’s many innovations.

[5] “And for a number of firms who are following along with the rate increase because they think they must, it will hit partners in the pocket, because the practices at those firms don’t justify higher rates.”

I’m going out on a limb and guessing that Greenberg Traurig is one of those firms you speak of.

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LaLiLuLeLo

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Re: For shame, Greenberg Traurig

Postby LaLiLuLeLo » Tue Jun 12, 2018 12:59 pm

Heed not the law firms who scream compensation
They have not your interests at heart
Models and bottles are not a solution
Don’t let them lead you astray

OneTwoThreeFour

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Posts: 97
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Re: For shame, Greenberg Traurig

Postby OneTwoThreeFour » Tue Jun 12, 2018 1:03 pm

GT = shitlaw

Anonymous User
Posts: 325852
Joined: Tue Aug 11, 2009 9:32 am

Re: For shame, Greenberg Traurig

Postby Anonymous User » Tue Jun 12, 2018 1:27 pm

LaLiLuLeLo wrote:Heed not the law firms who scream compensation
They have not your interests at heart
Models and bottles are not a solution
Don’t let them lead you astray


This Cravath does not speak for me!
Milbank is playing a dangerous game!
I pray clients show you their mercy
For shame, for shame!



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