PH still looking Forum
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PH still looking
I have now seen web postings for 4 of its offices (OC, LA, DC, and CHI) looking for more SAs. Might not be a good omen for them.
Last edited by mcs268 on Tue Sep 16, 2014 11:39 pm, edited 1 time in total.
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Re: PH is crumbling
If they're looking to hire more SAs, wouldn't it suggest that they're doing alright?Anonymous User wrote:I have now seen web postings for 4 of its offices (OC, LA, DC, and CHI) looking for more SAs. get off the ship while you can, folks. We got a stage 2 bingham
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Re: PH is crumbling
Not if they didn't have enough to meet their hiring needs. Makes them look desperate (and also shows their whole sharing offices thing is making rounds)Anonymous User wrote:If they're looking to hire more SAs, wouldn't it suggest that they're doing alright?Anonymous User wrote:I have now seen web postings for 4 of its offices (OC, LA, DC, and CHI) looking for more SAs. get off the ship while you can, folks. We got a stage 2 bingham
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Re: PH is crumbling
They are not a sound firm.
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Re: PH is crumbling
I know nothing about this firm either way, but I don't get how hiring more SAs = in trouble, unless you mean because 2Ls aren't viewing the firm positively, in which case lol.
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Re: PH is crumbling
I don't get your reasoning. If the firm is failing then why are they hiring more people. Not filling a class is less crumbling then it is poor recruitment practices. Sharing offices should be a better signifier of financial trouble then wanting to hire more people.
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Re: PH is crumbling
They did the same thing last year. I think it's actually part of their hiring strategy.
- A. Nony Mouse
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Re: PH is crumbling
Yeah, I don't get this either. It sort of seems like firms can't win - don't hire, people say you're going down; hire more, people say you're going down.dixiecupdrinking wrote:I know nothing about this firm either way, but I don't get how hiring more SAs = in trouble, unless you mean because 2Ls aren't viewing the firm positively, in which case lol.
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Re: PH is crumbling
are they hiring 3Ls???
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Re: PH is crumbling
Chicago had two SAs last summer, OC had 4. Not sure which side of the argument this supports.
- MCFC
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Re: PH is crumbling
Oops. Accidental anonymous.Anonymous User wrote:Chicago had two SAs last summer, OC had 4. Not sure which side of the argument this supports.
- DoveBodyWash
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Re: PH is crumbling
i've heard that the Chicago office is looking to hire more SA's, which i assumed was a sign of growth. Didn't their Chicago office recently hire some new lateral partners? There might just be more work to be done.MCFC wrote:Oops. Accidental anonymous.Anonymous User wrote:Chicago had two SAs last summer, OC had 4. Not sure which side of the argument this supports.
- B.B. Homemaker
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Re: PH is crumbling
That analysis isn't tea leafy enough. Surely there's some hidden meaning in this all.cusenation wrote:i've heard that the Chicago office is looking to hire more SA's, which i assumed was a sign of growth. Didn't their Chicago office recently hire some new lateral partners? There might just be more work to be done.MCFC wrote:Oops. Accidental anonymous.Anonymous User wrote:Chicago had two SAs last summer, OC had 4. Not sure which side of the argument this supports.
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Re: PH is crumbling
there are tea leaves in everything!!!!B.B. Homemaker wrote:That analysis isn't tea leafy enough. Surely there's some hidden meaning in this all.cusenation wrote:i've heard that the Chicago office is looking to hire more SA's, which i assumed was a sign of growth. Didn't their Chicago office recently hire some new lateral partners? There might just be more work to be done.MCFC wrote:Oops. Accidental anonymous.Anonymous User wrote:Chicago had two SAs last summer, OC had 4. Not sure which side of the argument this supports.
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Re: PH is crumbling
Where? Symplicity?mcs268 wrote:I have now seen web postings for 4 of its offices (OC, LA, DC, and CHI) looking for more SAs. get off the ship while you can, folks. We got a stage 2 bingham
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Re: PH is crumbling
I know at least in LA, they have had an atrocious yield rate for the SA class, and are now scrambling to fill it. Not sure about the other cities.A. Nony Mouse wrote:Yeah, I don't get this either. It sort of seems like firms can't win - don't hire, people say you're going down; hire more, people say you're going down.dixiecupdrinking wrote:I know nothing about this firm either way, but I don't get how hiring more SAs = in trouble, unless you mean because 2Ls aren't viewing the firm positively, in which case lol.
That being said, the new office sharing policy certainly isn't a good look. In LA they are the anchor tenant in their own skyscraper, so to me, the fact that they may be in some serious trouble doesn't seem too far fetched.

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Re: PH is crumbling
Where did you hear about their yield rate? Also, is that for the upcoming SA class or for SA's returning as full-time associates?Anonymous User wrote:I know at least in LA, they have had an atrocious yield rate for the SA class, and are now scrambling to fill it. Not sure about the other cities.A. Nony Mouse wrote:Yeah, I don't get this either. It sort of seems like firms can't win - don't hire, people say you're going down; hire more, people say you're going down.dixiecupdrinking wrote:I know nothing about this firm either way, but I don't get how hiring more SAs = in trouble, unless you mean because 2Ls aren't viewing the firm positively, in which case lol.
That being said, the new office sharing policy certainly isn't a good look. In LA they are the anchor tenant in their own skyscraper, so to me, the fact that they may be in some serious trouble doesn't seem too far fetched.
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- DoveBodyWash
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Re: PH is crumbling
not entirely clear on the office-sharing thing and why it's bad...I'm guessing they're shedding office space in their own tower and it's a sign that things aren't going great financially?
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Re: PH is crumbling
Or that they are just cheap as fuck. These leases are expensive as hell. http://www.bloomberg.com/news/2014-09-1 ... f-law.htmlcusenation wrote:not entirely clear on the office-sharing thing and why it's bad...I'm guessing they're shedding office space in their own tower and it's a sign that things aren't going great financially?
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Re: PH is crumbling
I heard it from the head of my school's OCS office (they emailed asking for more resumes because their yield rate was way off). In fact, they were setting up screeners with kids that they 1) didn't preselect for OCI, and 2) who they rejected after a screener, and are now giving a second look.Anonymous User wrote:Where did you hear about their yield rate? Also, is that for the upcoming SA class or for SA's returning as full-time associates?Anonymous User wrote:I know at least in LA, they have had an atrocious yield rate for the SA class, and are now scrambling to fill it. Not sure about the other cities.A. Nony Mouse wrote:Yeah, I don't get this either. It sort of seems like firms can't win - don't hire, people say you're going down; hire more, people say you're going down.dixiecupdrinking wrote:I know nothing about this firm either way, but I don't get how hiring more SAs = in trouble, unless you mean because 2Ls aren't viewing the firm positively, in which case lol.
That being said, the new office sharing policy certainly isn't a good look. In LA they are the anchor tenant in their own skyscraper, so to me, the fact that they may be in some serious trouble doesn't seem too far fetched.
Also, it is in regards to the upcoming SA class.
Last edited by Anonymous User on Tue Sep 16, 2014 11:24 pm, edited 1 time in total.
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Re: PH is crumbling
Or they're revamping the floor and need to keep herd all their junior associates onto one floorAnonymous User wrote:Or that they are just cheap as fuck. These leases are expensive as hell. http://www.bloomberg.com/news/2014-09-1 ... f-law.htmlcusenation wrote:not entirely clear on the office-sharing thing and why it's bad...I'm guessing they're shedding office space in their own tower and it's a sign that things aren't going great financially?
I know one of their offices just recently revamped their office.
Much speculation. This can mean anything
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Re: PH is crumbling
It's happening in more than one office. And from people within PH who posted in another thread, it sounded permanent.Anonymous User wrote:Or they're revamping the floor and need to keep herd all their junior associates onto one floorAnonymous User wrote:Or that they are just cheap as fuck. These leases are expensive as hell. http://www.bloomberg.com/news/2014-09-1 ... f-law.htmlcusenation wrote:not entirely clear on the office-sharing thing and why it's bad...I'm guessing they're shedding office space in their own tower and it's a sign that things aren't going great financially?
I know one of their offices just recently revamped their office.
Much speculation. This can mean anything
- B.B. Homemaker
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Re: PH is crumbling
Man, screw redesigns. Back in the day we each got our own building because things like land and gas are cheap and always will be.
- moonman157
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Re: PH is crumbling
Don't most firms have junior associates share offices? Sorry if I'm failing to understand why this is alarming
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Re: PH is crumbling
No. The sharing is permanent.Anonymous User wrote:Or they're revamping the floor and need to keep herd all their junior associates onto one floorAnonymous User wrote:Or that they are just cheap as fuck. These leases are expensive as hell. http://www.bloomberg.com/news/2014-09-1 ... f-law.htmlcusenation wrote:not entirely clear on the office-sharing thing and why it's bad...I'm guessing they're shedding office space in their own tower and it's a sign that things aren't going great financially?
I know one of their offices just recently revamped their office.
Much speculation. This can mean anything
Also you don't put juniors all on one floor. It would be a mad house.
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