Credit: Nuthawut/Adobe Stock Cooley Deferred Its Incoming Class. Will Others Jump on the Bandwagon or Hold the Line?
Cooley delayed the start date of its incoming class. But consultants aren't sure other firms with follow suit, given Cooley's tech-sector positioning and the caution that many firms are exercising after the financial crisis.
April 11, 2023 at 04:41 PM
6 minute read
Law Firm Associates
The original version of this story was published on The American Lawyer
What You Need to Know
- Cooley delayed its start date for first-year associates to 2024.
- The announcement comes a week after Gunderson took similar steps, fueling concern for venture capital and tech-heavy law firms.
- Other firms are likely considering cuts or deferrals but more diversified firms are still moving ahead as planned.
Cooley has delayed its start date for incoming associates from November to January 2024, according to two sources with knowledge of the matter.
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