Unlike this flame, the correct reason is that the firm is growing incredibly fast. Look up the firm's revenue trajectory on Law.com. It's literally growing like half of Fried Frank's entire revenue every year. This year, the rumor is we broke $5 billion. We broke $4 billion just two years ago. When you're growing so fast, you really need to hire people quickly; otherwise, your current associates/NSPs get slaughtered and you have very bad attrition issues. I know my corporate group is averaging like 2500+ billables, and our partners send out emails every week about the referral bonus and how many associates they're interviewing, because they want us to see a light at the end of the tunnel and are afraid we're all on the verge of jumping ship. From what I understand, M&A and several other corporate groups/sub-groups are in the same position.JorgeMichael wrote: ↑Fri Mar 19, 2021 2:01 pmIt’s a toxic place to work.Anonymous User wrote: ↑Fri Mar 19, 2021 1:52 pmInteresting -- I did hear that K&E is hiring in all practice areas. What's causing so many people to leave?
As for the flame, the place is toxic to the extent that any other biglaw is toxic. If you draw a bad equity partner or sometimes even NSP, depending on your group, you're going to have a bad time. Luckily, if you have any level of motivation in this system, you can usually get away from them and work with good folks. In my several years here, I've had one partner who I didn't enjoy working with. S/he wasn't toxic, per se, but we did not vibe well. I just started turning down his/her work and got it from someone else, and I was out of the situation in like 2 months.
