Wednesday, July 30, 2008

Cadwalader Fires 96 Lawyers



ATL reports that Cadwalader will terminate as many as 100 attorneys, ranging from special counsel all the way down to the current first-year associate class. As one of the posters so astutely observed:

"Some new and exotic words about to enter the vocabulary of former CWT'ers: Spherion; Lexolution; Update Legal; and Elaine P. Dine. Some others: default; foreclosure; re-possess; and margin call."

Welcome to hell.

40 comments:

Anonymous said...

Did Anita works for Cadwalader?

Anonymous said...

So what? I wish I would get fired, you know, chill out on unemployment and then get another job.

Anonymous said...

I used to work in the basement of Cadawalder.

Anonymous said...

Agreed, hard to feel sorry for these folks, when we've all had it so hard, scraping by on temp gigs.

It's not good news for career temps, though. The ex-associates will be temping to make ends meet, too. Especially the first years.

Anonymous said...

Places like Update are very wary of hiring high credentialed, ex-biglaw types. Update likes dumb, desperate people who are just out of school and who are buried under debt. Such people will be more willing to put up with Update's childish, immature mind games.

Anonymous said...

Hi Roach Girl!

Anonymous said...

Note to self, cancel OCI Cadwalader interview...

Anonymous said...

Tom the Tempstead
Lives in Hempstead
With Anita,
That wild cheetah.

Anonymous said...

Definitely bad news. Cadwalader is a sweatshop, but they tend to hire ambitous, hard-working associates with good grades. Some of them might end up temping, but more likely than not this means 96 currently open positions are going to get filled with former CWT associates. On the flip side, 96 people with less stellar credentials who might otherwise have landed permanent jobs will be temping instead.

Anonymous said...

umm, Anita lives in NYC doofus! Do you have any correct information roach troll?

Nope, it's lies and smears from roach boy.

Anonymous said...

I don't wish any one of the Cadwalader associates the fate of the temp world. Moreover, I'd rather not seen any one of them in the temp world bc/ we will end up with "partner temps" sticking their knifes in our backs...just hope they decide to move ot of NYC back to their home states or decide to begin working for dad's closely held, maybe some of them will return to Europe, or to what ever home country they hail from since the "ride" is over for them in NYC...they, too, are learning that when it comes to bucks, the management committee at their law firm won't find it glamorous (for the client) to merely keep them on for purposes of a beauty show. It is was fine while the bucks rolled in, but now they will learn just how valued they really are.....finally jobs for U.S. law graduates, even from 2nd tier schools, that the foreign attorneys were hoarding during their free ride in NYC, L.A., Boston, and DC???? Stay tuned, now maybe law firms will require associates to actually...........upi fill in the blanks...

Anonymous said...

Tom is so embarassed because the "sweatshop" was, um..., sexual in nature.

Too humiliated to mention the article as a result. She wore him out!

Anonymous said...

Knock, Knock, Roachie

Friend said...

It is a sad thing for all of them but, on the positive side, the papers say they have unusually generous severance (pay to yearend). This is nothing new to in-house lawyers, who are fired all the time with less - usually one to two weeks pay per full year of service.

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

Yes roach troll, you have officially morphed into jack nicholson in "The Shining".

Have you nothing better to do with your time except write the same, idiotic, misinformed garabage over and over again?

You are really sad. No one cares about your retarded stories about Anita, they are all lies. You are nothing but a know nothing lackey.

Anonymous said...

"Places like Update are very wary of hiring high credentialed, ex-biglaw types"

I love when morons on this POS blog pretend like they know what goes on behind the agency's closed doors. Think this loser is trying to say he/she is a credentialed "big law type" who couldn't get a 30/hr basement spot with Update? Not sure I'd brag about that.

Anonymous said...

roach girl - was that your post that was deleted?

were you trying to defend cadwalader or update or constantine?

Anonymous said...

This will only make getting doc review jobs harder now that we have to compete with CWT associates for jobs in the Skadden basement. That said, I hate all Vault firms so much that I wish them all the same bad press that CWT has been getting over this. How soon until Dechert fires another score of associates? Taking bets now.

Anonymous said...

Sorry 7:21 (of yesterday) that roach girl did not get back to you. She is ill. I work with her and she asked me to pass on this message.

Her vaginosis has gotten so bad that that city and state has forbidden her to leave her apartment.

Apparently, she stinks so bad that the mayor and governor are afriad that she will pollute the nyc air and scare away tourists. With the recession and everything it is probably a good idea. She is at the gynocologist today try to get better. Will keep you updated. Hey, I just said Update.

Anonymous said...

Feel better roach girl!

Anonymous said...

lol, roach boy, maybe TTT will delete your posts again!

Anonymous said...

ttt like roach boy. ttt no like roach girl because she is on the side of bad.

ttt

Anonymous said...

You all leave poor roach girl alone!!! Poor girl, struggling with such a debilitating condition. Have you no sense of decency?

Anonymous said...

there you go again, arguing with yourself. Boy, you are pathetic roach boy!

Anonymous said...

this blog is so annoying! Endless Anita and roach boy/girl references. It really makes it hard to read.

Anonymous said...

Soon the Denovo Ho will get her hands at these Cadwalader rejects and then they will know true suffering Ha Ha Ha!!!

Anonymous said...

P.U. (pussy untolerable) roach girl. please stay off this site

Anonymous said...

yeah roach girl. u stiiiiiiiiiiiiiink.

Anonymous said...

Hi 4:20,
That's why the agencies post the way they do.

Anonymous said...

Yes, its all true. I do reek something awful. But I still have feelings. Im still a human being.

Signed,

Roach Girl

Anonymous said...

The truth is that times are tough for a lot of lawyers, from lowly temps up to the partner level. Firms that specialize in litigation would seem to be in a better position than those rely on real estate work.

Anonymous said...

I haven't seen Tom the Toilet on any temp projects lately. Tom, are you still one of us? Tell us about your experience. Why all these reports from other anonymous people. Did you make up the "gorilla suit guy"? Obvious

Anonymous said...

Yeah, what's going on Tom! Talk to us like you used to.

Anonymous said...

No retard he didn't make up the gorilla guy, there was a link from another site. Boy you're stupid!

What's your name again?

http://www.jdunderground.com/thread.php?threadId=18497

Anonymous said...

Anonymous, stupid, like it says--now who can't read?

Anonymous said...

I don't have to ask you because I can smell the quiff all over the post.

Anonymous said...

STOP QUIFFING ROACH GIRL!

IT SMELLS LIKE A COMBINATION BETWEEN ROACH FECES AND A RAT'S NEST.

SPARE US!

Anonymous said...

Interestingly, roach boy has invented a new scratch n sniff device that allows him to smell through the Internet.

Please fill in on your phantasmagorical discovery, slithery roach troll.

How'd ya do it roachy?

Anonymous said...

It's a shame that TTT slut Lisa Stanton wasn't there to be fired.