Law Practice Management
Skadden Halves 2010 Summer Program, Plans Offers for 95% This Year—For 2011
Posted Aug 24, 2009 2:10 PM CST
By Martha Neil
Skadden Arps Slate Meagher & Flom plans to cut the size of its 2010 summer program by more than 50 percent.
It expects to hire about 100 summer associates for next year, down from the 225 in this year's summer program, reports the Am Law Daily.
“Our expectation, and we have been upfront and honest about this, is that our summer program will be less than half of what it was this year,” recruiting partner Howard Ellin tells Bloomberg. “It reflects lower demand in the industry.”
In another change from tradition, all offers for summer jobs will be made on a single day in September, the firm says. Offerees will still have the standard 45 days to decide whether to accept.
Meanwhile, there was good news for this year's summer associates at the top-grossing United States-based law firm: Skadden plans to offer permanent associate jobs to about 95 percent. However, those jobs will begin in 2011 rather than after they graduate in 2010, according to the law blog.
Hat tip: Above the Law
Updated at 5:05 p.m. to include Bloomberg coverage.
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Comments
Esq.
Aug 24, 2009 4:09 PM CST
I wonder if Fordham will now have to ban Skadden from OCI for offering less positions than originally advertised.
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Dagz
Aug 25, 2009 9:07 AM CST
I wonder if Esq. can make more infantile weak analogies to other ABA Journal articles. Maybe in crayon next time? :p
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Esq.
Aug 26, 2009 9:35 AM CST
How is this a weak analogy? Skadden does in fact conduct OCI interviews at Fordham. And as a Fordham graduate I have a duty to bust its chops when I don’t agree with its policies.
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Donald
Aug 28, 2009 6:05 AM CST
I’m glad I went to law school when I did. It’s a tough world out there, Woody. I do wonder what impact the uncertain job market will have on the future of law school education generally. Maybe none at all—greedy law schools don’t want to kill a cash cow. But at the same time, it’s clear that the demand for legal grads is no longer there. In a few years we may look back on this and it will all seem funny. We need more doctors, firemen, and teachers, anyway. And fewer law school professors (they’re a slack bunch in the first place).
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B. McLeod
Aug 28, 2009 6:27 AM CST
Yet another struggle between the halves and the (diminishing number of) halve-nots.
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The Inquisitor
Aug 28, 2009 6:47 AM CST
Halves and halve-nots? You mean this is a battle between those who only have half a soul and those with a full soul? Or a battle between those who halve their fruit before they eat it and those who eat the fruit whole?
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B. McLeod
Aug 28, 2009 7:14 AM CST
Between those firms that have halved their programs, and those that have not (yet). But, #6, there could be a correlation to the other struggles you refer to as well.
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Goodsharks.com
Aug 28, 2009 8:14 PM CST
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