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Thanks folks.

Dechert. Pillsbury is a TTT in decline.

Anonymous User wrote:Dechert. Pillsbury is a TTT in decline.

OP here. Any particular reason for this? I know the firm considered breaking away from lockstep a few years ago. Anything else?

do your homework - pillsbury is definitely having financial issues. the fact that they rent out the top floor of their (small) office in DC should only complement this:

(1) still deferring the class of 2011
(2) canceled their summer program in those acclaimed west coast offices (definitely a red flag if you want to go back there)
(3) salary cuts/freezes
(4) layoffs, more deferrals, etc.

so yeah, between these two dechert wins on firm health alone.

Dechert is growing and profitable while Pillsbury might not even exist in a few years. Definitely Dechert.

. the fact that they rent out the top floor of their (small) office in DC should only complement this:

Why? If the floor is sitting empty, no point in paying for unused space.

Fresh Prince wrote:

. the fact that they rent out the top floor of their (small) office in DC should only complement this:

Why? If the floor is sitting empty, no point in paying for unused space.

Why's that? 'Nuff said.

Nicholasnickynic wrote:

Fresh Prince wrote:

. the fact that they rent out the top floor of their (small) office in DC should only complement this:

Why? If the floor is sitting empty, no point in paying for unused space.

Why's that? 'Nuff said.

lol not really. It's hard to estimate your real estate needs as a law firm, especially long term.

right, but they could lease out any floor. the top floor is the most expensive and reflects an increased need for cash. but, nonetheless, the other things such as the seemingly endless deferrals should be more of a red flag . . .