Happy to do so via pm/email.Anonymous User wrote:Can you elaborate on what you know please? I heard they were actually fairly busy this summer.lawloser22 wrote:Latham? Can speak to ny office
V10 Rumor Forum
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Re: V10 Rumor
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Re: V10 Rumor
I will have no sympathy for my Lathamed class mates. You were on notice they treat first years like craigslist conquests.IAFG wrote:lolatham
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Re: V10 Rumor
So how many firms are in the "V10"? And where does Latham fall in the NYC hierarchy? Chambers still ranks them very highly so it seems like their name on your resume is still a big deal.JusticeHarlan wrote:Desert Fox wrote:Eh, Latham is v10, but it's not V10 V10.
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Re: V10 Rumor
1) We're mainly having fun trolling Latttham bros.Anonymous User wrote:So how many firms are in the "V10"? And where does Latham fall in the NYC hierarchy? Chambers still ranks them very highly so it seems like their name on your resume is still a big deal.JusticeHarlan wrote:Desert Fox wrote:Eh, Latham is v10, but it's not V10 V10.
2) V-multiples-of-5 aren't meaningful distinctions.
3) Someone anonymously saying "oh noes, this V10 is having problems, I want you all to tell me what you know but it's so super duper secret I can't tell you which firm!" is nauseatingly silly. If OP really wanted info on a firm, he could have, you know, named the firm.
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- IAFG
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Re: V10 Rumor
Chambers doesn't reduce a firm's band because they fuck over a bunch of juniors. There really isn't a law firm ranking out there that is depicting the best places for juniors to go, and because it tracks okay with Vault we tend to use that, but you have to always remember what it's measuring.Anonymous User wrote:So how many firms are in the "V10"? And where does Latham fall in the NYC hierarchy? Chambers still ranks them very highly so it seems like their name on your resume is still a big deal.JusticeHarlan wrote:Desert Fox wrote:Eh, Latham is v10, but it's not V10 V10.
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Re: V10 Rumor
Latham's model is very good for partners and firm growth, but they risk stability to move forward. They are well-run in the sense that they are constantly growing and are highly leveraged, but that does not mean it will be good for associates or for recessions, when they will bite the bullet more than other firms.
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Re: V10 Rumor
The sad truth is that Latham sucks for associates. This is why the firm has to perpetuate the myth that it's a firm full of laid-back frat bros who just want to work hard/play hard together and make money along the way. It's a large biglaw slaveship where the slaves are expendable and the masters on the deck are 100% concerned with squeezing as much money out of the firm as possible before they bail. This also explains Latham's unfunded retirement packages for top rainmakers at the firm. The firm is essentially a reflection of how Boomers have constructed the rest of the American economy: over-leveraged and set to blow up and sink as soon as Boomers get off the ship.Anonymous User wrote:Latham's model is very good for partners and firm growth, but they risk stability to move forward. They are well-run in the sense that they are constantly growing and are highly leveraged, but that does not mean it will be good for associates or for recessions, when they will bite the bullet more than other firms.
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Re: V10 Rumor
This was some weird flame started on another message board that made its way here though the schadenfreude echo chamber of the internet. I worked at a Latham office this summer and most associates seemed to have no problem hitting their hours. A few people seemed slow here and there, but most did not.
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Re: V10 Rumor
It might be, but your experience as a summer isn't particularly compelling proof. Summers were swearing up and down Dewey was doing just fine.Anonymous User wrote:This was some weird flame started on another message board that made its way here though the schadenfreude echo chamber of the internet. I worked at a Latham office this summer and most associates seemed to have no problem hitting their hours. A few people seemed slow here and there, but most did not.
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Re: V10 Rumor
Latham's gross revenue had a huge rebound last year and is back over $2 billion. Profit per partner and revenue were lawyer were both up, as well. Their incoming summer class (at least in LA, where I interviewed) is at a pretty constrained ~15. Proof enough?IAFG wrote:It might be, but your experience as a summer isn't particularly compelling proof. Summers were swearing up and down Dewey was doing just fine.Anonymous User wrote:This was some weird flame started on another message board that made its way here though the schadenfreude echo chamber of the internet. I worked at a Latham office this summer and most associates seemed to have no problem hitting their hours. A few people seemed slow here and there, but most did not.
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Re: V10 Rumor
(rationalizing impending Bob Dell treatment)Anonymous User wrote:This was some weird flame started on another message board that made its way here though the schadenfreude echo chamber of the internet. I worked at a Latham office this summer and most associates seemed to have no problem hitting their hours. A few people seemed slow here and there, but most did not.
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Re: V10 Rumor
This OP feels like a flame.
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Re: V10 Rumor
DeweyWins wrote:It's difficult to guess which firm will collapse next, but it's pretty easy to determine which firms will layoff/no-offer people en masse if the economy slows down considerably (or fails to pick up). Just look at historical offer rates and layoffs. It's also useful to check whether the firm has strong counter-cyclical practices (like restructuring, or to a lesser extent, litigation).
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Re: V10 Rumor
Not to dredge up old shit, but I am. Has there been anything to this rumor?
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