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Cooley layoffs
Posted: Wed Nov 09, 2022 12:04 am
by Anonymous User
https://news.bloomberglaw.com/us-law-we ... els-crunch
Anyone on the ground know how many associates were let go? And will other firms follow suit or is this a Cooley/ECVC vulnerability?
Re: Cooley layoffs
Posted: Wed Nov 09, 2022 3:48 pm
by Res Ipsa Loquitter
Which class years were targeted ?
Re: Cooley layoffs
Posted: Wed Nov 09, 2022 9:15 pm
by Anonymous User
This is such a non-issue
Everyone’s trying to make this into a bigger story than it is, they weren’t large scale layoffs, again just a couple of low performing associates. I feel like someone must be really upset about being laid off and is going around and starting rumors all over the place.
Sure things are slow, the firm is tightening up and letting some low performers go but that’s seriously it
Re: Cooley layoffs
Posted: Thu Nov 10, 2022 2:10 pm
by Anonymous User
Cooley associates too scared to speak out? Shameful.
Re: Cooley layoffs
Posted: Thu Nov 10, 2022 2:26 pm
by Anonymous User
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Re: Cooley layoffs
Posted: Thu Nov 10, 2022 3:49 pm
by Anonymous User
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Happy for you on landing on your feet! Any idea how prevalent the layoffs were?
Re: Cooley layoffs
Posted: Thu Nov 10, 2022 4:40 pm
by Anonymous User
Anonymous User wrote: ↑Thu Nov 10, 2022 3:49 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Happy for you on landing on your feet! Any idea how prevalent the layoffs were?
Not really, haven't spoken to the 1-2 people I would ask about this since August. Last I heard there were a significant amount of suspicious absences from the Capital Markets practice group meeting.
Re: Cooley layoffs
Posted: Thu Nov 10, 2022 11:23 pm
by Anonymous User
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Is this second and third years mainly?
Re: Cooley layoffs
Posted: Thu Nov 10, 2022 11:27 pm
by Anonymous User
Anonymous User wrote: ↑Thu Nov 10, 2022 11:23 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Is this second and third years mainly?
Couldn't say. I was so floored by my firing and the firm handled it so callously (literally got my name wrong on some of my separation documents) that I basically removed them from my brain entirely the instant I closed the Zoom.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 7:55 am
by thisismytlsuername
Anonymous User wrote: ↑Thu Nov 10, 2022 11:27 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 11:23 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Is this second and third years mainly?
Couldn't say. I was so floored by my firing and the firm handled it so callously (literally got my name wrong on some of my separation documents) that I basically removed them from my brain entirely the instant I closed the Zoom.
Damn, typos, how callous.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 9:10 am
by Anonymous User
Gunderson just laid off a bunch of people as well
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 10:24 am
by Anonymous User
thisismytlsuername wrote: ↑Fri Nov 11, 2022 7:55 am
Anonymous User wrote: ↑Thu Nov 10, 2022 11:27 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 11:23 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Is this second and third years mainly?
Couldn't say. I was so floored by my firing and the firm handled it so callously (literally got my name wrong on some of my separation documents) that I basically removed them from my brain entirely the instant I closed the Zoom.
Damn, typos, how callous.
(1) It wasn't a typo like Marc vs. Mark or something, it was the wrong name entirely like Brandon vs. Brett.
(2) Obviously that was just a quick example. No one gave me any indication that anything was seriously wrong prior to my review, told me that they were letting me go because my "issues weren't fixable" (despite me talking directly to the people I worked with and them saying that's absolute BS), said that they'd help me on my job search but offered no resources to do so and never followed up, the partner who was in charge of my separation basically told me not to talk to him when I reached out for help offloading my work, etc.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 11:09 am
by Anonymous User
Anonymous User wrote: ↑Fri Nov 11, 2022 10:24 am
thisismytlsuername wrote: ↑Fri Nov 11, 2022 7:55 am
Anonymous User wrote: ↑Thu Nov 10, 2022 11:27 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 11:23 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Is this second and third years mainly?
Couldn't say. I was so floored by my firing and the firm handled it so callously (literally got my name wrong on some of my separation documents) that I basically removed them from my brain entirely the instant I closed the Zoom.
Damn, typos, how callous.
(1) It wasn't a typo like Marc vs. Mark or something, it was the wrong name entirely like Brandon vs. Brett.
(2) Obviously that was just a quick example. No one gave me any indication that anything was seriously wrong prior to my review, told me that they were letting me go because my "issues weren't fixable" (despite me talking directly to the people I worked with and them saying that's absolute BS), said that they'd help me on my job search but offered no resources to do so and never followed up, the partner who was in charge of my separation basically told me not to talk to him when I reached out for help offloading my work, etc.
I’m glad I got out of there last year before the slowdown. Even in summer 2021 there was general consensus that tech stocks were due for a correction (I saw valuations double and triple in a matter of months in 2020), but they kept bringing in laterals and large summer classes to meet the demand. Cooley gave me bad reviews as a junior too btw. Then I got great reviews as a midlevel and at my new firm. It is probably BS that your issues weren’t fixable. That place is a sweatshop for juniors and they don’t train you.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 11:18 am
by Anonymous User
Were first years targeted? Seems like they would have the hardest time finding a new biglaw home.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 11:28 am
by swiftyredalbum
"They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months."
from Anonymous on Nov 10 above
You should actually pay back the windfall.
I know.
It sounds ridiculous.
It may take 5, 10, or 20 years to see that it's not.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 11:55 am
by Anonymous User
swiftyredalbum wrote: ↑Fri Nov 11, 2022 11:28 am
"They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months."
from Anonymous on Nov 10 above
You should actually pay back the windfall.
I know.
It sounds ridiculous.
It may take 5, 10, or 20 years to see that it's not.
LMAO at this flame
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 11:59 am
by swiftyredalbum
I know
expected that
the passage of time will change your outlook
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 12:03 pm
by Anonymous User
Guess I’m not helping by giving it oxygen, I can’t believe some people would stoop to trolling people who have recently been laid off. Kicked any dogs or elderly people on the way to work today?
I’m a big believer that you see people’s true character when you are placed into tough situations. If what has been said is true of the Cooley lay off (it passes the sniff test with me), I would be giving that place a wide wide berth.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 12:03 pm
by Lawman1865
Anonymous User wrote: ↑Fri Nov 11, 2022 10:24 am
thisismytlsuername wrote: ↑Fri Nov 11, 2022 7:55 am
Anonymous User wrote: ↑Thu Nov 10, 2022 11:27 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 11:23 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Is this second and third years mainly?
Couldn't say. I was so floored by my firing and the firm handled it so callously (literally got my name wrong on some of my separation documents) that I basically removed them from my brain entirely the instant I closed the Zoom.
Damn, typos, how callous.
(1) It wasn't a typo like Marc vs. Mark or something, it was the wrong name entirely like Brandon vs. Brett.
(2) Obviously that was just a quick example. No one gave me any indication that anything was seriously wrong prior to my review, told me that they were letting me go because my "issues weren't fixable" (despite me talking directly to the people I worked with and them saying that's absolute BS), said that they'd help me on my job search but offered no resources to do so and never followed up, the partner who was in charge of my separation basically told me not to talk to him when I reached out for help offloading my work, etc.
Sounds really unpleasant, and you should absolutely not take any of their "performance critique" seriously, we all know the real reason. Happy to you bounced back quickly and best of luck.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 12:33 pm
by Res Ipsa Loquitter
Anonymous User wrote: ↑Fri Nov 11, 2022 12:03 pm
Guess I’m not helping by giving it oxygen, I can’t believe some people would stoop to trolling people who have recently been laid off. Kicked any dogs or elderly people on the way to work today?
I’m a big believer that you see people’s true character when you are placed into tough situations. If what has been said is true of the Cooley lay off (it passes the sniff test with me), I would be giving that place a wide wide berth.
x2. Encouraging laid-off associates to return their severance payments, even in jest, is ridiculous. We need IP bans at this point assuming Dooley is doing it.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 12:34 pm
by Wanderingdrock
swiftyredalbum wrote: ↑Fri Nov 11, 2022 11:28 am
"They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months."
from Anonymous on Nov 10 above
You should actually pay back the windfall.
I know.
It sounds ridiculous.
It may take 5, 10, or 20 years to see that it's not.
It was severance, so it's a no-brainer that you shouldn't do this. If it were "we'll pay you while you search for a job" then that might be different, but severance is at least in part a thanks-for-all-your-efforts - hence why lots of companies pay it based on how long you've been employed by them.
Take the "windfall" - it's yours.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 12:59 pm
by thisismytlsuername
Anonymous User wrote: ↑Fri Nov 11, 2022 11:09 am
I’m glad I got out of there last year before the slowdown.
Even in summer 2021 there was general consensus that tech stocks were due for a correction (I saw valuations double and triple in a matter of months in 2020), but they kept bringing in laterals and large summer classes to meet the demand. Cooley gave me bad reviews as a junior too btw. Then I got great reviews as a midlevel and at my new firm. It is probably BS that your issues weren’t fixable. That place is a sweatshop for juniors and they don’t train you.
lol at this hindsight bullshit. I expect that you shorted tech stocks hard based on the "general consensus" and have now retired on your wealth?
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 1:13 pm
by Anonymous User
Anonymous User wrote: ↑Fri Nov 11, 2022 10:24 am
thisismytlsuername wrote: ↑Fri Nov 11, 2022 7:55 am
Anonymous User wrote: ↑Thu Nov 10, 2022 11:27 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 11:23 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:26 pm
Anonymous User wrote: ↑Thu Nov 10, 2022 2:10 pm
Cooley associates too scared to speak out? Shameful.
I mean people have known this was happening at Cooley all the way back in like August-September and Cooley associates/former associates have definitely discussed it on this board and fishbowl. I got let go from them as a junior and quickly landed on my feet elsewhere at a place that was probably a better fit for my life anyway. They gave me three months severance, so honestly it resulted in me getting a nice windfall while I doubled-up on salaries for two months.
Is this second and third years mainly?
Couldn't say. I was so floored by my firing and the firm handled it so callously (literally got my name wrong on some of my separation documents) that I basically removed them from my brain entirely the instant I closed the Zoom.
Damn, typos, how callous.
(1) It wasn't a typo like Marc vs. Mark or something, it was the wrong name entirely like Brandon vs. Brett.
(2) Obviously that was just a quick example. No one gave me any indication that anything was seriously wrong prior to my review, told me that they were letting me go because my "issues weren't fixable" (despite me talking directly to the people I worked with and them saying that's absolute BS), said that they'd help me on my job search but offered no resources to do so and never followed up, the partner who was in charge of my separation basically told me not to talk to him when I reached out for help offloading my work, etc.
Reminder to associates reading this.
This is what biglaw gets like when shit hits the fan. The partners literally will not give a fuck about you as they carve you off and let you fend for yourself a few years after law school. Remember this every time someone tries to tell you an anecdote about the firm's "genuine mentoring" or how the practice group is "a big family" or how partners take their time to "earnestly develop" young attorneys. They would walk over your body in the street.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 1:18 pm
by swiftyredalbum
100% agree.
This is very important and must never be forgotten.
Re: Cooley layoffs
Posted: Fri Nov 11, 2022 1:22 pm
by Anonymous User
swiftyredalbum wrote: ↑Fri Nov 11, 2022 1:18 pm
100% agree.
This is very important and must never be forgotten.
Yet you say the laid-off associate should pay back the severance. Obvious shitpoast troll is obvious.