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We look forward to welcoming our newest colleagues to the firm. We are confident that, together, we will be able to meet the challenge of the months ahead and hold a Summer Program and a 1L Fellowship Program, in whatever form those programs take, that are rewarding, successful, and engaging.
— Abid Qureshi, chair of Latham’s global recruiting committee, in a statement given as to the status of the firm’s incoming summer associate class. Latham still plans to hold its annual program, but the form it will take remains up in the air. The firm remains fully financially committed to all of its summer associates.
(Recall that in 2009, during the height of the Great Recession, Latham laid off 440 employees — 190 associates, 250 staff — in a single day. From then on, “Lathamed” became slang for getting laid off.)
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.