Not a co-summer.IAFG wrote:Co-summers almost always say no offers were "well deserved." And they have a big incentive to want to believe that. Otherwise they have to admit to themselves and others that their firm is being run by dickbags.
What's the Real Deal with Latham Forum
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Anonymous User
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Re: What's the Real Deal with Latham
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IAFG
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Re: What's the Real Deal with Latham
If you're a junior associate -> same issueAnonymous User wrote:Not a co-summer.IAFG wrote:Co-summers almost always say no offers were "well deserved." And they have a big incentive to want to believe that. Otherwise they have to admit to themselves and others that their firm is being run by dickbags.
If you heard it from a junior or co summer -> same issue
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Old Gregg
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Re: What's the Real Deal with Latham
What? No.IAFG wrote:Co-summers almost always say no offers were "well deserved." And they have a big incentive to want to believe that. Otherwise they have to admit to themselves and others that their firm is being run by dickbags.
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itbdvorm
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Re: What's the Real Deal with Latham
+1. Most stories I've heard of why people aren't ultimately receiving an offer are pretty material. If a firm has a 85-90%+ offer rate, you can assume that there were non-economic reasons why people didn't receive offers. Those reasons may not always be "valid" in everyone's eyes, but the no-offers I've seen in the past were for pretty good reasons in my eyes.Fresh Prince wrote:What? No.IAFG wrote:Co-summers almost always say no offers were "well deserved." And they have a big incentive to want to believe that. Otherwise they have to admit to themselves and others that their firm is being run by dickbags.
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IAFG
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Re: What's the Real Deal with Latham
I am, of course, not saying that no offers are always ( or even usually) not warranted. But of the ones I suspect weren't, people from the firm still swore up and down they were totally earned. So I take those comments with a grain of salt.
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Anonymous User
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Re: What's the Real Deal with Latham
edit in acknowledgment of IAFG's caveat ^
Knowledgable anon also here to call out IAFG's herp-derpage.
Knowledgable anon also here to call out IAFG's herp-derpage.
Which is to say no more risk than any other firm. In 2009 Latham was highly leveraged. Now it isn't.IAFG wrote:Latham poses the same risk it did 2 years ago.
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Old Gregg
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Re: What's the Real Deal with Latham
Every big law firm save a select few are hugely leveraged. That's the business model. How is Latham, or any other firm, less leveraged than before? If anything, I think more.Anonymous User wrote:edit in acknowledgment of IAFG's caveat ^
Knowledgable anon also here to call out IAFG's herp-derpage.Which is to say no more risk than any other firm. In 2009 Latham was highly leveraged. Now it isn't.IAFG wrote:Latham poses the same risk it did 2 years ago.
Latham just had the unfortunate coincidence of investing majorly in a field that imploded.
