Is Bracewell imploding? Forum

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Anonymous User
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Is Bracewell imploding?

Post by Anonymous User » Thu Feb 04, 2016 12:32 am

They lost six more partners yesterday and today. Any insider news on what's going on?

A strong caution to their upcoming summer associates.

Anonymous User
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Re: Is Bracewell imploding?

Post by Anonymous User » Thu Feb 04, 2016 1:00 pm

Where did you get that number / time frame from? Source?

Abbie Doobie

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Re: Is Bracewell imploding?

Post by Abbie Doobie » Thu Feb 04, 2016 1:51 pm

Anonymous User wrote:Where did you get that number / time frame from? Source?
bro do you even law360?

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Re: Is Bracewell imploding?

Post by Anonymous User » Fri Feb 05, 2016 3:14 pm

I work at the firm that got Giuliani. The word is we're planning on taking a lot more partners from them. Supposedly morale at Bracewell is at an all-time low...

1L's - avoid Bracewell like the plague at OCI.

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Re: Is Bracewell imploding?

Post by Anonymous User » Fri Feb 05, 2016 3:29 pm

Anonymous User wrote:I work at the firm that got Giuliani. The word is we're planning on taking a lot more partners from them. Supposedly morale at Bracewell is at an all-time low...

1L's - avoid Bracewell like the plague at OCI.
Or you could just say Greenberg Taurig

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Re: Is Bracewell imploding?

Post by Anonymous User » Fri Feb 05, 2016 3:39 pm

.
Last edited by Anonymous User on Tue Feb 09, 2016 6:59 pm, edited 1 time in total.

Abbie Doobie

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Re: Is Bracewell imploding?

Post by Abbie Doobie » Fri Feb 05, 2016 3:43 pm

Anonymous User wrote:I work at the firm that got Giuliani. The word is we're planning on taking a lot more partners from them. Supposedly morale at Bracewell is at an all-time low...

1L's - avoid Bracewell like the plague at OCI.
things must be really bad there if people are voluntarily lateralling to gt

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TLSModBot

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Re: Is Bracewell imploding?

Post by TLSModBot » Fri Feb 05, 2016 3:46 pm

They're pretty highly leveraged which means that even a small number of partner defections is gonna be way worse than any other firm in their revenue bracket. On the one hand their PPP is way better than what you'd usually see in their income range (but see again the leverage), on the other hand GT has about equivalent PPP so it's not per se a crazy/desperate move to defect there.

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lacrossebrother

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Re: Is Bracewell imploding?

Post by lacrossebrother » Fri Feb 05, 2016 3:47 pm

Abbie Doobie wrote:
Anonymous User wrote:I work at the firm that got Giuliani. The word is we're planning on taking a lot more partners from them. Supposedly morale at Bracewell is at an all-time low...

1L's - avoid Bracewell like the plague at OCI.
things must be really bad there if people are voluntarily lateralling to gt
what's wrong with greenberg traurig?

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rnoodles

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Re: Is Bracewell imploding?

Post by rnoodles » Fri Feb 05, 2016 3:58 pm

Yes, but only because they turned me down for a 1L SA.

Neff

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Re: Is Bracewell imploding?

Post by Neff » Fri Feb 05, 2016 8:34 pm

They lost another partner today. They've lost about a dozen in the last three weeks since Rudy left.

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lacrossebrother

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Re: Is Bracewell imploding?

Post by lacrossebrother » Sat Feb 06, 2016 12:39 pm

GTG?
GG?
GiuT?

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Re: Is Bracewell imploding?

Post by Anonymous User » Tue Feb 09, 2016 12:36 pm

Neff wrote:They lost another partner today. They've lost about a dozen in the last three weeks since Rudy left.
Inaccurate. NY Bracewell has lost no more than 4 partners total to GT, including Giuliani, after his departure.
Last edited by Anonymous User on Tue Feb 09, 2016 12:46 pm, edited 1 time in total.

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Anonymous User
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Re: Is Bracewell imploding?

Post by Anonymous User » Tue Feb 09, 2016 12:36 pm

lacrossebrother wrote:
Abbie Doobie wrote:
Anonymous User wrote:I work at the firm that got Giuliani. The word is we're planning on taking a lot more partners from them. Supposedly morale at Bracewell is at an all-time low...

1L's - avoid Bracewell like the plague at OCI.
things must be really bad there if people are voluntarily lateralling to gt
what's wrong with greenberg traurig?
Sweatshop. Worse than most.

Anonymous User
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Re: Is Bracewell imploding?

Post by Anonymous User » Tue Feb 09, 2016 3:53 pm

Anonymous User wrote:
Neff wrote:They lost another partner today. They've lost about a dozen in the last three weeks since Rudy left.
Inaccurate. NY Bracewell has lost no more than 4 partners total to GT, including Giuliani, after his departure.
About a dozen is definitely correct for the firm as a whole. Most of their latest defections have happened in their Texas offices.

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Re: Is Bracewell imploding?

Post by jrass » Wed Feb 10, 2016 4:28 pm

Giuliani built his entire career piggybacking on Bracewell's popularity. All the firm needs to pick itself back up is drop Giuliani's dead weight and rely on the Bracewell brand name.

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Re: Is Bracewell imploding?

Post by Anonymous User » Wed Feb 10, 2016 4:42 pm

jrass wrote:Giuliani built his entire career piggybacking on Bracewell's popularity. All the firm needs to pick itself back up is drop Giuliani's dead weight and rely on the Bracewell brand name.
That's a bold move there. You may be right but I didn't know that he depended on Bracewell to attain his political positions as well.

Would like to know more if possible.

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Re: Is Bracewell imploding?

Post by Magic Hat » Wed Feb 10, 2016 5:23 pm

jrass wrote:Giuliani built his entire career piggybacking on Bracewell's popularity. All the firm needs to pick itself back up is drop Giuliani's dead weight and rely on the Bracewell brand name.
Bracewell helped him take down the mafia, be appointed SDNY USA, win election as Mayor and clean up NYC. YUGE.

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Re: Is Bracewell imploding?

Post by Anonymous User » Wed Feb 10, 2016 5:29 pm

Lol, a lot of butthurt Bracewell summers ITT.

I understand the need to defend your firm, but if you see that the Bracewell ship is sinking you better start looking for other options.

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Re: Is Bracewell imploding?

Post by jrass » Wed Feb 10, 2016 8:45 pm

Anonymous User wrote:
jrass wrote:Giuliani built his entire career piggybacking on Bracewell's popularity. All the firm needs to pick itself back up is drop Giuliani's dead weight and rely on the Bracewell brand name.
That's a bold move there. You may be right but I didn't know that he depended on Bracewell to attain his political positions as well.

Would like to know more if possible.
Bracewell hosted Saturday Night Live. Giuliani could barely get 20 people to turn out to a capital markets symposium.

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