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Accepting summer offer at a firm rumored to merge?
Posted: Fri Aug 22, 2014 9:22 pm
by Anonymous User
Would it be risky to accept a summer associate position at a reputable firm in NY that's been rumored to merge with a comparable firm based in DC? Really have no clue. Thanks.
Re: Accepting summer offer at a firm rumored to merge?
Posted: Fri Aug 22, 2014 9:25 pm
by bearsfan23
ymmv but I would do it only if it was your only offer. When a firm merges, some associates normally get screwed over. I'd be sure to check the leverage ratio between the firms, and I'd be esp wary if there was a disparity
Re: Accepting summer offer at a firm rumored to merge?
Posted: Fri Aug 22, 2014 9:44 pm
by sundance95
bearsfan23 wrote:ymmv but I would do it only if it was your only offer. When a firm merges, some associates normally get screwed over. I'd be sure to check the leverage ratio between the firms, and I'd be esp wary if there was a disparity
Re: Accepting summer offer at a firm rumored to merge?
Posted: Fri Aug 22, 2014 9:46 pm
by Anonymous User
Thanks for your opinion.
Re: Accepting summer offer at a firm rumored to merge?
Posted: Fri Aug 22, 2014 10:13 pm
by Anonymous User
Anonymous User wrote:Thanks for your opinion.
Bingham?
Re: Accepting summer offer at a firm rumored to merge?
Posted: Fri Aug 22, 2014 10:28 pm
by sundance95
Anonymous User wrote:Anonymous User wrote:Thanks for your opinion.
Bingham?
If so, DON'T go unless only option
Re: Accepting summer offer at a firm rumored to merge?
Posted: Fri Aug 22, 2014 11:15 pm
by Anonymous User
sundance95 wrote:Anonymous User wrote:Anonymous User wrote:Thanks for your opinion.
Bingham?
If so, DON'T go unless only option
Agreed. I was big on Bingham during my earliest research, but they had TONS of partner defections this year, and after attending their NYC summer reception, very few people actually seemed "happy" to be there. Good morale was in short supply. My interest in the firm deteriorated after that experience.
That being said, if it is your only offer, by all means take it. It is still a notable firm, and excels in certain practices, it is just going through a very rough patch this year, without any immediate resolution in sight.
Re: Accepting summer offer at a firm rumored to merge?
Posted: Sat Aug 23, 2014 10:08 am
by Anonymous User
What's the risk for summer associates though? No-offers? Or worse yet, biased treatment for promotions because you're from the "mergee" firm?
Re: Accepting summer offer at a firm rumored to merge?
Posted: Sat Aug 23, 2014 10:10 am
by ymmv
Anonymous User wrote:What's the risk for summer associates though? No-offers? Or worse yet, biased treatment for promotions because you're from the "mergee" firm?
I'd say offer rescission and layoffs are pretty much the only fucking risks I'd need to hear about O_o
Re: Accepting summer offer at a firm rumored to merge?
Posted: Sun Aug 24, 2014 3:52 pm
by Anonymous User
Do offer rescissions actually happen to SUMMER ASSOCIATES though? Sounds like it would give the worst reputation to a firm for future recruitment.
Re: Accepting summer offer at a firm rumored to merge?
Posted: Sun Aug 24, 2014 3:54 pm
by Anonymous User
Anonymous User wrote:Do offer rescissions actually happen to SUMMER ASSOCIATES though? Sounds like it would give the worst reputation to a firm for future recruitment.
Have people already forgotten about Brown Rudnick? It's been like 4 months.
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Posted: Mon Aug 25, 2014 12:25 am
by BVest