A&O Shearman is without doubt one of the 9 Biglaw companies that kissed Donald Trump’s ring, inking a deal (over the pleas of associates) promising $125 million in professional bono payola to conservative causes and purchasers. Now some of us should wait slightly bit longer to begin their profession (and are available into the workplace 4 days every week) on the capitulating agency.
The agency has two begin dates for the category of 2025, and insiders on the agency report no less than a few of the incoming associates had their begin date pushed again to January. As a way to assist defray the monetary impression of lacking out on months of that candy, candy Biglaw paycheck, the agency is providing a wage advance — not a stipend — to these impacted, repayable over 10 months.
Traditionally, delays within the affiliate begin date is a bellwether for austerity measures and even layoffs. However the agency is only a 12 months out from the merger that took A&O and Shearman and created A&O Shearman, a course of that concerned rising pains, so maybe that is only a method managing their expertise. Nonetheless, an actual bummer for these anxious to get began on their authorized profession.
In case your agency or group is delaying the beginning date for associates, lowering the ranks of its legal professionals or workers, whether or not by means of open layoffs, stealth layoffs, or voluntary buyouts, please don’t hesitate to tell us. Our huge community of tipsters is a part of what makes Above the Legislation thrive. You possibly can electronic mail us or textual content us (646-820-8477).
Kathryn Rubino is a Senior Editor at Above the Legislation, host of The Jabot podcast, and co-host of Considering Like A Lawyer. AtL tipsters are one of the best, so please join along with her. Be happy to electronic mail her with any ideas, questions, or feedback and observe her on Twitter @Kathryn1 or Mastodon @[email protected].
