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If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 7:05 pm
by Anonymous User

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 7:13 pm
by rpupkin
LJL @ spin from Hughes Hubbard propagandist who wrote ATL:
The information you received is completely untrue.

There have been no firm-wide layoffs. In Kansas City, we have reduced the population by a handful of attorneys and by some litigation analysts whose specific expertise was focused on a client whose litigation needs have slowed.

No layoffs are planned. Our litigation practice remains a powerhouse.
We're not laying anyone off! We're just "reducing the attorney population" because business is low. #LitPowerHouse

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 7:37 pm
by Anonymous User
The KC office was a recent acquisition, iirc. Pretty sure it's a bunch of former Shook Hardy people who spun off into their own firm then became the Hughes Hubbard KC office. I glanced at their firm website the other day and there are hardly any associates left in KC. Friends don't let friends choose based on vault rankings in secondary markets...

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 8:44 pm
by Anonymous User
This is wonderful news. How will it affect the big markets?

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 8:49 pm
by Hutz_and_Goodman
The ATL article casts this as a symptom of an overall slowdown in litigation. As a recently started lit associate I hope this is not true.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 8:53 pm
by rpupkin
Hutz_and_Goodman wrote:The ATL article casts this as a symptom of an overall slowdown in litigation. As a recently started kit associate I hope this is not true.
The last time lit slowed down in 2009 (lit slowed down less than corp but it still slowed significantly), many associates got laid off. But many of those that made it through got to enjoy a couple of years of billing 1,500-1,800 hours/yr. Sure, the vibe in the office was terrible because everyone was freaked out about getting fired, but at least you didn't have to be in the office as often.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 8:58 pm
by El Pollito
Hutz_and_Goodman wrote:The ATL article casts this as a symptom of an overall slowdown in litigation. As a recently started lit associate I hope this is not true.
i can't believe people are still doing general lit

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 9:06 pm
by Hutz_and_Goodman
El Pollito wrote:
Hutz_and_Goodman wrote:The ATL article casts this as a symptom of an overall slowdown in litigation. As a recently started lit associate I hope this is not true.
i can't believe people are still doing general lit
I'm in a practice group, not doing general.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 9:12 pm
by rpupkin
Hutz_and_Goodman wrote:
El Pollito wrote:
Hutz_and_Goodman wrote:The ATL article casts this as a symptom of an overall slowdown in litigation. As a recently started lit associate I hope this is not true.
i can't believe people are still doing general lit
I'm in a practice group, not doing general.
I hope you're not working at a litigation powerhouse. Otherwise, you have to worry about your firm "reducing the population" of your practice group.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 9:32 pm
by 2014
Anonymous User wrote:The KC office was a recent acquisition, iirc. Pretty sure it's a bunch of former Shook Hardy people who spun off into their own firm then became the Hughes Hubbard KC office. I glanced at their firm website the other day and there are hardly any associates left in KC. Friends don't let friends choose based on vault rankings in secondary markets...
KC is the HHR home office I believe. Not that they haven't and don't farm Shook for laterals but I don't think it's a pop up office.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 10:14 pm
by elterrible78
2014 wrote:
Anonymous User wrote:The KC office was a recent acquisition, iirc. Pretty sure it's a bunch of former Shook Hardy people who spun off into their own firm then became the Hughes Hubbard KC office. I glanced at their firm website the other day and there are hardly any associates left in KC. Friends don't let friends choose based on vault rankings in secondary markets...
KC is the HHR home office I believe. Not that they haven't and don't farm Shook for laterals but I don't think it's a pop up office.
KC is definitely not the HHR home office. I'm not sure about the Shook story, though.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 10:19 pm
by Johann
El Pollito wrote:
Hutz_and_Goodman wrote:The ATL article casts this as a symptom of an overall slowdown in litigation. As a recently started lit associate I hope this is not true.
i can't believe people are still doing general lit
I'd honestly rather get shitcanned doing lit than bill 2400 the way corp people do.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Fri Sep 25, 2015 11:43 pm
by Anonymous User
This took two seconds to google. Definitely not the headquarters. Opened in 2012 with former SHB crew. Since my memory was right about that stuff, I'll add that I'm pretty sure I remember hearing at the time that the eventual HHR crew (Allinder's spinoff firm) had to break with SHB before HHR came knocking because the tobacco industry started demanding their counsel not represent industry rivals. SHB kept PM. Allinder got Lorillard. Seemed like a short-sighted expansion strategy at the time for HHR, and it doesn't appear they did much with it.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Sat Sep 26, 2015 12:10 am
by los blancos
JohannDeMann wrote:
El Pollito wrote:
Hutz_and_Goodman wrote:The ATL article casts this as a symptom of an overall slowdown in litigation. As a recently started lit associate I hope this is not true.
i can't believe people are still doing general lit
I'd honestly rather get shitcanned doing lit than bill 2400 the way corp people do.
She's right tho general commercial lit is a bad place to be. Bad exit opps if you get canned.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Sat Sep 26, 2015 12:17 am
by Johann
Logically for sure. But still that corporate life kills you.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Sat Sep 26, 2015 12:48 am
by Anonymous User
What about securities lit? That's what I want to do – I'm going to one of DPW/STB.

Re: If you're considering a Hughes Hubbard offer, beware

Posted: Sat Sep 26, 2015 5:38 pm
by Anonymous User
Anonymous User wrote:What about securities lit? That's what I want to do – I'm going to one of DPW/STB.
Davis Polk will have securities litigation and staff it heavily till kingdom come, so I wouldn't worry about losing your job there. I'd worry more about the fact that securities litigation at a large firm is painfully dull and offers little substantive experience with horrible hours when the cases open up into full blown discovery.