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-- The current managment does not seem to even know how to handle all the defections other than to label as many of them as "life style choices" as they can-- translated , this is from someone inside! |
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Posting anonymously in an already anonymous forum requires a bit of disclosure so that people will know whether they can trust your information. For example, do you regularly post bs information to inflame, or do you often post helpful information about the situation. I am just trying to help your credibility. I think InIn should post em's question here and expect some honest answers about the status of the firm from insiders. Since InIn is choosing to accept an SA position at a firm that is by all accounts beleaguered, InIn is entitled to hear how disgruntled people are on the inside and if there are some serious issues pending. |
associates to leave?
The associate bonuses are to be in the checks this Friday. Any one want to place bets on how many turn in notices in the next two weeks?
Some good bets could be made on some Dallas associates in lit (excuse me the new term they want to use- advocacy) to give notice that they are leaving. |
associates to leave?
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associates to leave?
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Jenkens Bonus Information
From a Jenkens insider:
Jenkens distributed associate bonuses on Friday. Bonuses were based on more than just hours. They were also based on quality of work, value to the firm, etc. The idea was to avoid punishing people who have been in slow groups for the last couple of years (the business/transactional groups), while still giving bonuses that are more hours based for the busy people (litigation). Practice group leaders reviewed all the associates in their groups and make recommendations. Some practice group leaders were generous with their associates, others were not. People with crappy practice group leaders ended up least advantaged. It's unclear whether the new system has helped/hurt associate morale much, which admittedly is pretty low right now. |
Jenkens Bonus Information
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At least one group of associates may be trying to cut a deal to go as a small (ie 2-5 person) group. I don't think it is finalized as of now but I expect it may be before end of month or certainly by end of year. |
a group of associates to leave soon?
Rumor from one still inside is that a small group of dallas lit associates are negotiating with another Dallas firm to jump as a group. Story is that is 3 or 5 that are going with one a senior level associate up for income this year or next.
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associates to leave?
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Jenkens Bonus Information
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Glad to see the communication promised to the shareholders at their retreat was complied with- not |
more bad press to come
On other board there is rumor that shareholders have been warned about another piece of bad press. My source says American lawyer is doing a piece on the shrinking number of partners. One who is there indicated that in the event that if no change in firm leadership at both chair and board members occurs, that there have been several who have indicated openly that they will be leaving.
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some more to leave?
According to my source at least a few associates have or are about to tender resignations and leave. I wonder if people leaving will change any votes for chair position which is on going. The current chair despite rumors of his promise not to run is running. Will people at J&G not learn.
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Durbin wins. Jenkens loses.
Last night Bill Durbin was re-elected chairman of the firm.
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Durbin wins. Jenkens loses.
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Jenkens Bonus Information
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Clearly hurt morale and re-election of Durbin of chairman has almost made sure that the departures will continue. Supposedly several associates have already vacated premises, with more likely to leave right after first of the year. |
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