1st Year Associate at V10 taking questions.

[thorc954]

thanks

[redbull]

Any insight into the layoff rumors at Kirkland (I'm assuming you're there based on your prior posts)?

[themanwithnoname]

Any insight into the layoff rumors at Kirkland (I'm assuming you're there based on your prior posts)?

The numbers of people let go are too low to be layoffs. Shaving a million dollars off the balance sheet is not enough for a firm to bother with something as drastic at layoffs. Look at what White and Case and Latham are doing if you want to see what actual layoffs look like.

[themanwithnoname]

are you still taking questions?

i'm heading to a V20 and i wanted to know if i should kill self.

You mean are you going to have a job? Probably, depends on the V20. I feel like that bracket (10-20) is pretty diverse in terms of the types of firms there. Hard to compare Williams and Connolly with Shearman

[themanwithnoname]

Latham and Weil might flip.

[themanwithnoname]

I don't think Kirkland will pass Latham, these things don't move very far very fast.

[redbull]

you think non-Latham V10s will have offer rates similar to those in the past this summer?

[themanwithnoname]

I don't think Kirkland will pass Latham, these things don't move very far very fast.

look at shearman in this though: http://www.vault.com/nr/lawrankings.jsp?law2003=2&ch_id=242&top100=1

i mean i think you're probably right, but still.

At the time though, no other firms even close to their level were doing layoffs. Thats why they dropped so much

[themanwithnoname]

you think non-Latham V10s will have offer rates similar to those in the past this summer?

Depends on the firm. Some have smaller summer classes, and others, including those not in the best financial shape, have larger summer classes than last year.

[redbull]

Do you have any insight besides what's available on the internet?  If so I will narrow it down.