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I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 12:55 pm
by Anonymous User
I got stealthed. Wasn't a surprise. Work started to slow down. Sucks. Will consider outing the firm once I get another job lined up.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 1:14 pm
by LittleRedCorvette
Anonymous User wrote: ↑Thu Jun 16, 2022 12:55 pm
I got stealthed. Wasn't a surprise. Work started to slow down. Sucks. Will consider outing the firm once I get another job lined up.
1. Practice group and market?
2. Class year?
3. How long had you been slow?
4. How slow are we talking?
5. How'd they tell you and what are they giving you? (Website time, help finding a new spot, etc.)
6. Were you the only one, or is it a bigger cut?
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 1:43 pm
by Anonymous User
Mid-year? How did that even come about?
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 1:43 pm
by Bramwell
Just to be clear, we’re talking layoffs or not receiving some bonus?
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 2:32 pm
by Anonymous User
If it's latham you gotta say. Lathaming part II: electric boogaloo
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 2:48 pm
by Anonymous User
What is the point of this post? Almost reads as a shit post. Give some heauristics for the firm or don't post at all. For all we know, OP could be talking about some five-attorney family law firm in the midwest.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 2:51 pm
by Spider2YBanana
Sorry OP. It would be helpful if people would provide the firm (or Vault range) and the terms of the severance (number of months of base salary, length of time on the website, COBRA continuation, etc.).
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 3:12 pm
by Chokenhauer
Anonymous User wrote: ↑Thu Jun 16, 2022 2:48 pm
What is the point of this post? Almost reads as a shit post. Give some heauristics for the firm or don't post at all. For all we know, OP could be talking about some five-attorney family law firm in the midwest.
I Got Stealthed (by Cordell & Cordell) 2022 Edition
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 4:01 pm
by Anonymous User
How was Shearman?
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Thu Jun 16, 2022 8:50 pm
by Lesion of Doom
I'm sorry that happened to you, OP.
As others have said, would be helpful to know some context. I suspect you are not alone.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Fri Jun 17, 2022 12:27 am
by Anonymous User
OP not sure if you're in corporate or not, but if so I'm happy to send some firm recommendations your way as I'm just about to make my move rn.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Fri Jun 17, 2022 6:24 pm
by Anonymous User
OP here. Thanks for all the support. I've got some interviews coming up next week so all hope isn't lost.
Prior firm was V40 and below. Happy to give more detail once I get something lined up.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 11:11 am
by Anonymous User
I was also stealthed this year at a v20. C/o 2016. Not entirely surprised as my hours slowed down considerably before I was given the "talk" but I landed on my feet. Lateral market is still strong from my POV, so hopefully you can find a solid exit OP.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 12:05 pm
by Anonymous User
Anonymous User wrote: ↑Sun Jun 19, 2022 11:11 am
I was also stealthed this year at a v20. C/o 2016. Not entirely surprised as my hours slowed down considerably before I was given the "talk" but I landed on my feet. Lateral market is still strong from my POV, so hopefully you can find a solid exit OP.
Did you have to take a class year cut, move markets or do anything land that offer? I'm worried about getting stealthed this year as a mid level.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 12:20 pm
by Anonymous User
Anonymous User wrote: ↑Sun Jun 19, 2022 12:05 pm
Anonymous User wrote: ↑Sun Jun 19, 2022 11:11 am
I was also stealthed this year at a v20. C/o 2016. Not entirely surprised as my hours slowed down considerably before I was given the "talk" but I landed on my feet. Lateral market is still strong from my POV, so hopefully you can find a solid exit OP.
Did you have to take a class year cut, move markets or do anything land that offer? I'm worried about getting stealthed this year as a mid level.
OP here. I moved markets and took a class year cut. Not thrilled about what happened, but hoping interviews turn positive.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 12:46 pm
by Anonymous User
Anonymous User wrote: ↑Sun Jun 19, 2022 12:20 pm
Anonymous User wrote: ↑Sun Jun 19, 2022 12:05 pm
Anonymous User wrote: ↑Sun Jun 19, 2022 11:11 am
I was also stealthed this year at a v20. C/o 2016. Not entirely surprised as my hours slowed down considerably before I was given the "talk" but I landed on my feet. Lateral market is still strong from my POV, so hopefully you can find a solid exit OP.
Did you have to take a class year cut, move markets or do anything land that offer? I'm worried about getting stealthed this year as a mid level.
OP here. I moved markets and took a class year cut. Not thrilled about what happened, but hoping interviews turn positive.
Are you the original OP or the the quoted poster? That is good to hear, I was hoping taking those two steps would help.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 12:49 pm
by Anonymous User
To those stealthed, what were your hours like?
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 1:08 pm
by Anonymous User
I'm the quoted poster. I didn't take a year cut and am in NY, stayed in NY.
I was under 100 hours a month for several months.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 1:10 pm
by Anonymous User
Anonymous User wrote: ↑Sun Jun 19, 2022 1:08 pm
I'm the quoted poster. I didn't take a year cut and am in NY.
What were your hours in the last year at your firm?
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 1:20 pm
by Anonymous User
when you guys got stealthed, did you just get a call and get told the bad news or did it happen in the context of a year end review?
what were your 2021 hours?
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 2:22 pm
by Anonymous User
Anonymous User wrote: ↑Sun Jun 19, 2022 11:11 am
I was also stealthed this year at a v20. C/o 2016. Not entirely surprised as my hours slowed down considerably before I was given the "talk" but I landed on my feet. Lateral market is still strong from my POV, so hopefully you can find a solid exit OP.
Was the talk really explicit like "Time to pack it up", or like a cagey "Not sure how much of a future you have here" with plausible deniability?
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 2:36 pm
by Anonymous User
I got the cagey version in my last review, then the explicit "time to pack it up" a few months later. I was given a date by which to leave. I will say I wasn't surprised it happened, but was a bit surprised at the timing.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 3:00 pm
by Anonymous User
Anonymous User wrote: ↑Sun Jun 19, 2022 2:36 pm
I got the cagey version in my last review, then the explicit "time to pack it up" a few months later. I was given a date by which to leave. I will say I wasn't surprised it happened, but was a bit surprised at the timing.
Original OP here. Same as this poster. I got a talk and then a few months later, a date by which to leave. My hours were 150-170 a month. Told I did good work.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 3:11 pm
by basketofbread
Anonymous User wrote: ↑Sun Jun 19, 2022 3:00 pm
Anonymous User wrote: ↑Sun Jun 19, 2022 2:36 pm
I got the cagey version in my last review, then the explicit "time to pack it up" a few months later. I was given a date by which to leave. I will say I wasn't surprised it happened, but was a bit surprised at the timing.
Original OP here. Same as this poster. I got a talk and then a few months later, a date by which to leave. My hours were 150-170 a month. Told I did good work.
150-170 doesn’t seem slow. I don’t understand.
Re: I Got Stealthed - My 2022 Special Bonus Edition
Posted: Sun Jun 19, 2022 3:12 pm
by Anonymous User
Do y'all think we're seeing the start of layoffs due to the economy? If so, will this start effecting juniors/hiring at all?