Akin Gump Among the Firms Rescinding Job Offers to 2Ls
Some law firms are rescinding summer associate offers or making them less appealing.
One of them is Akin Gump Strauss Hauer & Feld. The law firm told the American Lawyer that it rescinded some job offers for summer 2009 positions in Los Angeles and New York because more students accepted jobs than anticipated.
Other law firms are using a “soft method” that discourages recruits from accepting, said James Leipold, executive director of the National Association for Law Placement. “They’re not rescinding the offer; they’re just communicating to the student that they have a very big summer class, and that not everyone will get an offer,” Leipold told the publication.
One firm issuing such a warning is reportedly Proskauer Rose, the story says.
One law firm partner told the publication that the job market is even tougher for third-year students. “If you didn’t get an offer from the summer or if you decided to do something else [besides being a summer associate], you’re out,” he said.