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What's going on at Skadden?

Posted: Sat Sep 05, 2020 1:52 am
by Anonymous User
It looks like some professional staff were laid off: https://abovethelaw.com/2020/09/skadden ... s-offices/

Is Skadden in big trouble? They are one of the two v10 firms that deferred the incoming class to 2021.

Re: What's going on at Skadden?

Posted: Sat Sep 05, 2020 10:46 am
by Ultramar vistas
Anonymous User wrote:
Sat Sep 05, 2020 1:52 am
It looks like some professional staff were laid off: https://abovethelaw.com/2020/09/skadden ... s-offices/

Is Skadden in big trouble? They are one of the two v10 firms that deferred the incoming class to 2021.
I’m all for bashing random over-ranked biglaw firms but no, Skadden is not in big trouble.

Re: What's going on at Skadden?

Posted: Sat Sep 05, 2020 12:07 pm
by Anonymous User
Skadden associate here but no particular special insight

Honestly our partnership is just maximum biglaw. They’ll take the opportunities they can to maximize PPP while they have plausible PR cover from the pandemic. Cutting staff, deferring associates etc. Same basic mindset and philosophy that got us our sweatshop reputation. If they could get away with cutting insurance they would

Tl;dr: we’re not poor we’re just evil

Re: What's going on at Skadden?

Posted: Sat Sep 05, 2020 2:11 pm
by Anonymous User
Anonymous User wrote:
Sat Sep 05, 2020 12:07 pm
Skadden associate here but no particular special insight

Honestly our partnership is just maximum biglaw. They’ll take the opportunities they can to maximize PPP while they have plausible PR cover from the pandemic. Cutting staff, deferring associates etc. Same basic mindset and philosophy that got us our sweatshop reputation. If they could get away with cutting insurance they would

Tl;dr: we’re not poor we’re just evil
Absolutely love the candidness!