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What's Hot, What's Not
Major Trends to Watch in 2008 Recruiting. While the largest and very elite firms continue to hire more associates, the size of the classes at most law schools has remained flat. As a result, these firms are increasing the number of schools at which they recruit, including some lower-rated ones. However, many other firms are not hiring as many associates because of the recent huge increases in starting salaries.
Flexible Partnership Tracks. Some firms are eliminating their traditional lock step partnership track. In these firms, 'High Performing' associates are considered after a lesser number of years, while the track is extended for others who develop at a slower pace. Although still rare, a few firms are promoting to partnership associates who work reduced or flextime schedules. Weil, Gotshal & Manges LLP has created the position of 'flex-time partner.'
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