Page 1 of 1

Fried Frank's Summer Class Size

Posted: Sun Aug 21, 2011 12:09 am
by Anonymous User
2010: 41
2011 (estimate according to NALP): 33
2012 (estimate according to the website): 20–25

Is the firm not doing that well?

Re: Fried Frank's Summer Class Size

Posted: Sun Aug 21, 2011 12:19 am
by crazyblink653
Anonymous User wrote:2010: 41
2011 (estimate according to NALP): 33
2012 (estimate according to the website): 20–25

Is the firm not doing that well?
no real knowledge and thus no real basis for answering, but it could just be that fewer attorneys are leaving and thus they don't need to hire as many. could also be that they're hiring more conservatively with the expectation of offering employment to every summer.

Re: Fried Frank's Summer Class Size

Posted: Sun Aug 21, 2011 12:21 am
by Anonymous User
crazyblink653 wrote:
Anonymous User wrote:2010: 41
2011 (estimate according to NALP): 33
2012 (estimate according to the website): 20–25

Is the firm not doing that well?
could also be that they're hiring more conservatively with the expectation of offering employment to every summer.
I think they've traditionally done 100% offers.

Re: Fried Frank's Summer Class Size

Posted: Sun Aug 21, 2011 12:30 am
by Anonymous User
Anybody have a rough idea on the callback to offer ratio for Fried Frank?

Re: Fried Frank's Summer Class Size

Posted: Sun Aug 21, 2011 12:55 am
by Anonymous User
Fried Frank got killed in the recession, much worse than many other firms. It seems to have bounced back somewhat, however:

-Revenue decline of 9%, PPP decline of 23% in 2008: http://www.law.com/jsp/article.jsp?id=1 ... hbxlogin=1

-Revenue decline of 13%, PPP increase of 6% in 2009, largely because the firm lost 18% of its lawyers and 14% of its equity partners: http://amlawdaily.typepad.com/amlawdail ... frank.html

-Two rounds of layoffs and deferred start dates: http://abovethelaw.com/2009/03/nationwi ... c-layoffs/
http://blogs.wsj.com/law/2008/08/20/fri ... rms-staff/

-Revenue increase of 11%, PP increase of 28% in 2010: http://amlawdaily.typepad.com/amlawdail ... frank.html

SA numbers might just be a reflection of what is now a smaller firm.