Schulte v. Fried Frank v. Dechert Forum

[Anonymous User]

Fried Frank

[Anonymous User]

So it looks like no more offers (except maybe Chadbourne) are coming in. I'm gonna do second looks at at least FF and Schulte (maybe Dechert). What sorts of things are worth finding out in order to distinguish the firms? My biggest concerns are offer rates, FF's layoffs during and after the crisis, FF's recent partner departures and the vast differences in their revenues over the last few years. At Schulte, I'm worried about QOL, not being diversified practice-wise. I'm not sure how explicitly to ask these sorts of things.

[Anonymous User]

So it looks like no more offers (except maybe Chadbourne) are coming in. I'm gonna do second looks at at least FF and Schulte (maybe Dechert). What sorts of things are worth finding out in order to distinguish the firms? My biggest concerns are offer rates, FF's layoffs during and after the crisis, FF's recent partner departures and the vast differences in their revenues over the last few years. At Schulte, I'm worried about QOL, not being diversified practice-wise. I'm not sure how explicitly to ask these sorts of things.

Re QOL @ SRZ: They have a 2k minimum billable requirement to get your bonus. That's either good in that you have a goal and don't need to worry about competing with those around you gunning and you aren't worried if you are doing enough or is bad in that if there isn't enough work to go around, that could suck.

Offer rates seem to be 100% @ both these places


I always wanted to get honest numbers about actual billing hours of associates, amount of work available, and face time but really had no real way of asking this so I didn't even bother to do second looks.

[Anonymous User]

Why the worry about QOL at SRZ but not FF? I've never heard bad things about the hours/people at SRZ - exactly the opposite in fact at least with respect to the people.

Never really heard anything good or bad with regards to QOL at FF.

[Anonymous User]

Does anyone know anything about the partner departures at FF? I really don't know how much I should consider something like this: http://abovethelaw.com/2014/09/musical- ... s/#respond

Also how should I go about asking this? FWIW there are a ton of alumni of my school at the firm both partners and associates.

[Anonymous User]

Does anyone know anything about the partner departures at FF? I really don't know how much I should consider something like this: http://abovethelaw.com/2014/09/musical- ... s/#respond

Also how should I go about asking this? FWIW there are a ton of alumni of my school at the firm both partners and associates.

I would be concerned, its not like these are no-name partners.

[Anonymous User]

This is an awkward question, but I think most partners would leave if they got a significantly better deal somewhere else in terms of shares. It doesn't necessarily say something is wrong with FF, but the partners create the work so if it's a big hit, that will be rough for you.

[Anonymous User]

This is an awkward question, but I think most partners would leave if they got a significantly better deal somewhere else in terms of shares. It doesn't necessarily say something is wrong with FF, but the partners create the work so if it's a big hit, that will be rough for you.

Thats what I was getting at. The firm's Co-Chair left along with 2 other big name partners. Thats a lot of business leaving the door (which results in less work and less need for first year associates, which could lead to more no-offers in the summer class).