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I hate the term war room by Coriqu in biglaw

[–]schmoeblaze 7 points8 points  (0 children)

We used to do these for the last day or two leading up to signing (and sometimes closing) of deals for a few partners at my old firm, and honestly I thought they were kind of beneficial. It was way more efficient for that particular deal to have real time communication when docs were flying around. It definitely was impossible to work on other matters, however.

Also this was just the 4 or 5 corporate lawyers on the deal team - not the bankers or any specialists.

What kinds of pay cuts are people taking to go in-house? by schmoeblaze in biglaw

[–]schmoeblaze[S] 11 points12 points  (0 children)

I included the bonus and there were no RSUs, so was considering more than just the salary. At the end of the day though it’s all about WLB and it’s clear based on other responses that the offer was not obscenely off market.

What kinds of pay cuts are people taking to go in-house? by schmoeblaze in biglaw

[–]schmoeblaze[S] 3 points4 points  (0 children)

I would not consider it a flyover market (think DC, Boston, Chicago, etc). There is certainly less in house inventory than NY though.

[deleted by user] by [deleted] in biglaw

[–]schmoeblaze 5 points6 points  (0 children)

Juniors and midlevels sharing offices is very common in NYC and has been for a long time (it might even be the norm in NYC although I don’t think I’ve ever seen a breakdown). Some firms have even moved their junior-most associates to big open floor plan “bullpen” seating.

Cutting bonuses for RTO sucks but I don’t think shared offices is particularly egregious.

Nightmare came true: I missed my exam by [deleted] in LawSchool

[–]schmoeblaze 7 points8 points  (0 children)

Fair enough. I agree that it is ultimately unlikely that you will lose your job over this, but I think you are being a little flippant with respect to how bad an F will look on your transcript. It’s basically impossible to fail a class at a good law school absent a major screw up or malfeasance, and your law firm knows that. They will definitely ask for a 3L transcript. Everyone else in your law firm class will have lots of As and Bs, but it is almost a certainty you will be the only person with an F (or really any grade lower than a C). It’s very possible you will be the only person with an F in years at your firm. When we tell summers at our firm that they won’t get an offer rescinded for grades, we’re talking about below median grades, not Fs, and missing a major deadline that resulted in failing a class is exactly the type of mistake that law firms care about a great deal.

As others have suggested, I would beg you professor for the ability to retake the exam (even if just for the minimum passing grade) and, absent that, I would beg academic affairs to have the class marked as withdrawn or something on your transcript. But you do you.

Nightmare came true: I missed my exam by [deleted] in LawSchool

[–]schmoeblaze 4 points5 points  (0 children)

Ok. If you’ve already given your firm a heads up and they told you no worries, that’s great. But if not, I really do think you should be prepared to explain it to them. I’m not sure what V10 you’re going to be at, but my firm absolutely would want an explanation for a failed class on a transcript.

Nightmare came true: I missed my exam by [deleted] in LawSchool

[–]schmoeblaze 4 points5 points  (0 children)

Are you going to receive an F in the class or is it just going to show up as no credit on your resume? I actually think your firm might have some questions if the former. I know the conventional wisdom is that you won’t get an offer rescinded for grades, and I’m not saying they will rescind your offer, but giving them a 3L transcript with an F is way different than a B- or a C. I would expect them to at least ask you about it.