So far into 2009, we've been told that the collapse of capitalism is imminent, that the structure of the U.S. economy has irreversibly changed and that the whole law firm model needs to be fundamental
ATL has also reported about Cravath layoffs too. http://abovethelaw.com/2009/06/stealth_layoff_watch_laid _off.php. Its true that these might have been \"stealth\" layoffs but Cravath specifically refused to comment.
I see that J and Try Harder Next Time appear to be experts in the field. If Mr. Know It All can enlighten us on the truth- that would be nice!
Umm.. do you do ANY research before posting? First of all, the figures at lawshucks are conjecture at best. Neither Cravath nor Sullivan have fired anyone.
Second, even with the tanking economy firms like Cravath and Sullivan still have absurdly high profits, far higher than the DC \"superstars\"
Third...Weil and Kirkland reaching the top 10 is a shame, and shows how dumb associates are who vote in Vault. A strong Bankruptcy department cannot support an entire firm, as is evidenced by Kirkland laying off a TON of associates nationwide over the past week, and Weil laying off associates, closing offices, and deferring entire classes.
Get your facts straight.
Perhaps you might have bothered to read Vault\'s methodology? The rankings are a pure function of the associate survey. To write, as you do, \"according to Vault\" or \"Vault seems to view\" etc. is to betray your ignorance of how the rankings work.
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