O’Melveny & Myers, which yesterday laid off 90 attorneys and 110 staff positions, is delaying the start date for its new associate class.
The new start date is December 2009. Typically, the firm’s new associates start between September and November.
We will be providing our incoming associates with a bar stipend, as well as bar and moving-related expenses. We have not asked incoming associates to defer their employment for a year and have no plans to do so. As such, we are not paying any related deferral stipend.
O’Melveny & Myers LLP is the 19th largest law firm in the world. It employs 1200 attorneys in 14 offices worldwide.