Is there any danger of Latham laying off people ? Forum

[Anonymous User]

Debating whether to accept their offer
How is the firm looking financial wise?

[Kikero]

Latham gonna Latham.

But really, no idea.

[mvp99]

Yes, there is a danger.

[Br3v]

Nobody here is going to know. There is danger with any big firm, and probably no more or no less there.

[lonerider]

The last time Latham laid people off was during a financial melt down that verged on a second Great Depression.

Your question essentially asks, is there a big recession coming? If anyone tells you they know the answer, they are lying.

[84651846190]

Nobody here is going to know. There is danger with any big firm, and probably no more or no less there.

Um, no. There are definitely firms that made a conscious decision *not* to perform mass layoffs. They may have performed stealth layoffs on a much smaller scale, but it's kind of hard to argue that "any firm would have done what Latham did." I know of firms that were struggling *worse* than Latham, some of which don't even exist anymore, and they did not lay off as many associates (on a percentage basis), so that kind of shoots down your hypothesis right there.

[Anonymous User]

If I worked in Latham's Houston office and noticed the price of oil falling, I'd start looking for another job.

[Anonymous User]

If I worked in Latham's Houston office and noticed the price of oil falling, I'd start looking for another job.

I know this is a simplistic view, but it summarizes one reason I didn't do Texas. The boom will not last forever and it would be a atrocious if I had to jump off (or getting pushed out) the ship very early in my career.

[Anonymous User]

I accepted a Latham offer (not NY) and thought about this a lot as well. Latham's leverage (and size of summer classes) is much smaller than what it was pre-Lathaming. At least at the office where I accepted, there was more that enough work to go around, and they were arguably understaffed. They run their hiring more along the lines of a bank (more volatile hiring), for better or for worse. I felt like even if the risk was somewhat higher (who knows if it really is), the people and the strength of my desired practice areas outweighed the concern. Obviously everyone will run a different cost-benefit analysis, but I am glad with my decision.

[Anonymous User]

I accepted a Latham offer (not NY) and thought about this a lot as well. Latham's leverage (and size of summer classes) is much smaller than what it was pre-Lathaming. At least at the office where I accepted, there was more that enough work to go around, and they were arguably understaffed. They run their hiring more along the lines of a bank (more volatile hiring), for better or for worse. I felt like even if the risk was somewhat higher (who knows if it really is), the people and the strength of my desired practice areas outweighed the concern. Obviously everyone will run a different cost-benefit analysis, but I am glad with my decision.

humm you know a lot about Latham to have just accepted an offer...

[Anonymous User]

I'm not trying to say that I am an expert in any respect. However, the stuff about leverage/class sizes can be found by searching various NALP data. I'm trying to give my take to the OP in the spirit of being helpful.

[Anonymous User]

I summered at one of the big offices and the corporate department was incredibly busy. I didn't do any litigation but I think they're doing alright too.

As for whether or not Latham is a larger risk than other firms, I don't think anyone really knows. If the firm's past history bothers you that much, go elsewhere. For me, I found the risk overshadowed by how much more I preferred latham over my other options, and so I chose it and have yet to regret my decision.

[Anonymous User]

I accepted a Latham offer (not NY) and thought about this a lot as well. Latham's leverage (and size of summer classes) is much smaller than what it was pre-Lathaming. At least at the office where I accepted, there was more that enough work to go around, and they were arguably understaffed. They run their hiring more along the lines of a bank (more volatile hiring), for better or for worse. I felt like even if the risk was somewhat higher (who knows if it really is), the people and the strength of my desired practice areas outweighed the concern. Obviously everyone will run a different cost-benefit analysis, but I am glad with my decision.

humm you know a lot about Latham to have just accepted an offer...

Different poster but during my CB with Latham (not NY), my CB "orientation" partner specifically addressed this point in this particular way.

[Anonymous User]

I accepted a Latham offer (not NY) and thought about this a lot as well. Latham's leverage (and size of summer classes) is much smaller than what it was pre-Lathaming. At least at the office where I accepted, there was more that enough work to go around, and they were arguably understaffed. They run their hiring more along the lines of a bank (more volatile hiring), for better or for worse. I felt like even if the risk was somewhat higher (who knows if it really is), the people and the strength of my desired practice areas outweighed the concern. Obviously everyone will run a different cost-benefit analysis, but I am glad with my decision.

humm you know a lot about Latham to have just accepted an offer...

Different poster but during my CB with Latham (not NY), my CB "orientation" partner specifically addressed this point in this particular way.

Bro you can believe me or not, I don't really care. I researched a shit ton before I accepted and I was just trying to be helpful.

[Anonymous User]

I accepted a Latham offer (not NY) and thought about this a lot as well. Latham's leverage (and size of summer classes) is much smaller than what it was pre-Lathaming. At least at the office where I accepted, there was more that enough work to go around, and they were arguably understaffed. They run their hiring more along the lines of a bank (more volatile hiring), for better or for worse. I felt like even if the risk was somewhat higher (who knows if it really is), the people and the strength of my desired practice areas outweighed the concern. Obviously everyone will run a different cost-benefit analysis, but I am glad with my decision.

humm you know a lot about Latham to have just accepted an offer...

Different poster but during my CB with Latham (not NY), my CB "orientation" partner specifically addressed this point in this particular way.

Bro you can believe me or not, I don't really care. I researched a shit ton before I accepted and I was just trying to be helpful.

I was agreeing with you.