BCG News - 05/27/08
05/27/08
Sheppard Mullin Launches Silicon Valley Office
The firm of Sheppard, Mullin, Richter & Hampton has, after a 10-year search, opened an office in Silicon Valley. It did this by snapping up Thelen, Reid, Brown, Raysman & Steiner's office in Palo Alto and the two partners stationed there. Sheppard Mullin also is picking up another local attorney and moving a partner from San Francisco. The firm expects to expand quickly in Silicon Valley.
Cravath Expands Summer Associate Program
Cravath, Swaine & Moore has boosted its summer associate class by 75%, from 91 last year to 161 this year. These new associates are part of an expansion plan, and full perks are expected. This is in a time when many firms are cutting back on summer programs.
Fort Lauderdale Firm Cuts Associate Pay
Becker & Poliakoff, a Florida firm in Fort Lauderdale, has sliced associate pay by 12%. The firm is a real estate firm and has therefore been hit hard by the housing collapse and slow collections. On the other hand, no layoffs are expected, just the pay cut.
Sheppard Mullin Launches Silicon Valley Office
The firm of Sheppard, Mullin, Richter & Hampton has, after a 10-year search, opened an office in Silicon Valley. It did this by snapping up Thelen, Reid, Brown, Raysman & Steiner's office in Palo Alto and the two partners stationed there. Sheppard Mullin also is picking up another local attorney and moving a partner from San Francisco. The firm expects to expand quickly in Silicon Valley.
Cravath Expands Summer Associate Program
Cravath, Swaine & Moore has boosted its summer associate class by 75%, from 91 last year to 161 this year. These new associates are part of an expansion plan, and full perks are expected. This is in a time when many firms are cutting back on summer programs.
Fort Lauderdale Firm Cuts Associate Pay
Becker & Poliakoff, a Florida firm in Fort Lauderdale, has sliced associate pay by 12%. The firm is a real estate firm and has therefore been hit hard by the housing collapse and slow collections. On the other hand, no layoffs are expected, just the pay cut.
