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March 11, 2009

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anonymous

OMM summer has been shortened to 10 weeks, we all received emails with our start/end dates.

Cynthia

Thanks, anonymous. I'll add it to the OMM line item.

anonymous

Blank Rome delays starting dates. Details here:

http://www.philly.com/philly/wires/ap/news/state/pennsylvania/41194907.html

Dutch Oven Guy

Cool, but this is not a chart. It is a TABLE.

Cynthia

Dutch Oven Guy,

You're right. Good eye.

Insider

Weil Gotshal deferred start dates 1 month to October 2009.

anonymous

Skadden deferred start dates by 1 month, to October 2009 as well. Also, there is an optional deferral program offered to incoming associates with a $55k stipend.
http://abovethelaw.com/2009/03/skadden_deferral_option.php

sbfy23

It's Alston & Bird, not Alston Byrd.

Cynthia

sbfy23,

You're right. Not sure what I was thinking when I typed that? Creative spelling on my part.

Deferred and sad

Locke Lorde deferred to January via abovethelaw.com yesterday

dude

how about putting lines into the table?

guest

mofo's summer program is only 8 weeks

Concerned A&O Summer

What was Allen & Overy's original start date? September 21 doesn't sound like much of a deferral.

Also, if the summer program has been shortened to nine weeks, they have yet to notify us summers. And a search of Allen & Overy on AboveTheLaw does not reveal anything about a shortened A&O summer program, so you want to check your facts.

Cynthia

Concerned,

That was an editing error - we've received no information that the summer program has been shortened at Allen & Overy. I'll change the table now. Thanks for pointing it out. I'm not sure what Allen & Overy's exact start date is, but most firms start first years around the end of August/beginning of September.

cc

For Clifford Chance, not all of the 3Ls are starting in Oct 2010; 20 are starting in Jan 2010. The Jan associates get $10K; the Oct associates get $40K for the year or $60K if they do public interest.

Cynthia

To clarify my response to Concerned's comment: I'm not clear on what Allen & Overy's ORIGINAL start date was, but I believe it to be around late August/early September.

Concerned A&O Summer

Thanks, Cynthia. Looking back, I realize my tone may have been a little snarky; for that I apologize. I think I just panicked a little bit when I saw the table.

And I guess I hadn't thought about the fact that A&O could originally have had an August start date. The deferral makes sense now though.

Overall, I think you guys have been doing a great job here, so keep up the good work.

Cynthia

Concerned,

No worries at all. I can understand how seeing news that your program has been shortened when you haven't heard a word about it would be panic-inducing. I'm glad you pointed it out to me.

Also: I've noticed a fair number of firms (A&O as well as others) are doing September deferrals - it seems to be something of a mini-trend. If we assume that most of these firms have August start dates, we're looking at a deferral of one to two pay periods. Not sure how effective it will be as a cost-cutting measure, since two pay periods isn't exactly a long time, but maybe firms are thinking it's a way to balance bad PR with payroll savings.

Irell

The information for Irell is incorrect.

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I've noticed a fair number of firms (A&O as well as others) are doing September deferrals - it seems to be something of a mini-trend. If we assume that most of these firms have August start dates, we're looking at a deferral of one to two pay periods. Not sure how effective it will be as a cost-cutting measure

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