A&O Shearman is among 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 clients. Now some of us should wait just a little bit longer to start out their profession (and are available into the workplace four days a week) on the capitulating agency.
The agency has two begin dates for the category of 2025, and insiders on the agency report a minimum of among the incoming associates had their begin date pushed again to January. In an effort to assist defray the monetary affect 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 just a year out from the merger that took A&O and Shearman and created A&O Shearman, a process that concerned growing pains, so maybe that is only a approach 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 attorneys or workers, whether or not by 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 Regulation thrive. You may email us or textual content us (646-820-8477).
Kathryn Rubino is a Senior Editor at Above the Regulation, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the very best, so please join together with her. Be happy to e mail her with any suggestions, questions, or feedback and comply with her on Twitter @Kathryn1 or Mastodon @[email protected].
