Is there any danger of Latham laying off people ?
Posted: Fri Sep 19, 2014 8:03 am
Debating whether to accept their offer
How is the firm looking financial wise?
How is the firm looking financial wise?
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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.Br3v wrote:Nobody here is going to know. There is danger with any big firm, and probably no more or no less there.
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 wrote:If I worked in Latham's Houston office and noticed the price of oil falling, I'd start looking for another job.
humm you know a lot about Latham to have just accepted an offer...Anonymous User wrote: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.
Different poster but during my CB with Latham (not NY), my CB "orientation" partner specifically addressed this point in this particular way.Anonymous User wrote:humm you know a lot about Latham to have just accepted an offer...Anonymous User wrote: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.
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 wrote:Different poster but during my CB with Latham (not NY), my CB "orientation" partner specifically addressed this point in this particular way.Anonymous User wrote:humm you know a lot about Latham to have just accepted an offer...Anonymous User wrote: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.
I was agreeing with you.Anonymous User wrote: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 wrote:Different poster but during my CB with Latham (not NY), my CB "orientation" partner specifically addressed this point in this particular way.Anonymous User wrote:humm you know a lot about Latham to have just accepted an offer...Anonymous User wrote: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.