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  #12401 (permalink)  
Old 24-06-2021, 02:44 PM
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Anybody applied / worked /interviewed at Cresco Investments?

how is working culture like and as a firm

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  #12402 (permalink)  
Old 24-06-2021, 04:14 PM
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Prospective trainee here. If I choose to train in family law (due to passion, interest etc) and realise that itís not my cup of tea, what are the exit options? Assuming that Iíll be exposed to contested divorce cases.
Unfortunately, family law, much like crim law, is seen as a "lower" (less prestigious) form of law. There's no benefit to being exposed to contested or uncontested divorce cases because most litigation firms believe (rightly) that the type of work performed in a civil matter is different from civil family law situations.

If you want to leave family law, do it as soon as possible so that you do not become too expensive to train. Once you hit past a certain level, you're screwed as you're too expensive to train.

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  #12403 (permalink)  
Old 24-06-2021, 10:32 PM
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Anybody applied / worked /interviewed at Cresco Investments?

how is working culture like and as a firm
Tonnes of red flags. People posted about their terrible interview experience on this forum some time back - Iím sure a Google search will get you there.

Also, thereís a reason why theyíve been hiring for some time. Itís because no one wants to join.

Donít bother.

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  #12404 (permalink)  
Old 24-06-2021, 10:38 PM
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Agreed. Had a friend who interviewed there. I was told it was a terrible experience.
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  #12405 (permalink)  
Old 25-06-2021, 02:49 AM
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$15k, 3pqe
Not sure if this is accurate. If it is, it is very high!
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  #12406 (permalink)  
Old 25-06-2021, 09:01 AM
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Can someone kindly comment on the difficulty and pass rate of part b? How many pass on first try? Is it harder than part a? If you donít pass on first try, how will it affect retention and your future career?
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  #12407 (permalink)  
Old 25-06-2021, 09:49 AM
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Can someone kindly comment on the difficulty and pass rate of part b? How many pass on first try? Is it harder than part a? If you donít pass on first try, how will it affect retention and your future career?
Failing one paper is very common, failing more than 1 is a red flag. In any case, part B allows you to retake immediately (Part B exam is late nov-dec, Part B reexam is in March). The pass rate after retest is 99%.

Therefore, if you mean how many pass on first try (without retests), that's actually quite low (50-60%?). If you're asking how many pass after retest, don't be afraid because only the worst of the worst can fail and be forced to retake part B the following year.

Retention really isn't decided by whether or not you failed a paper, but if you're already borderline on the accept/reject pile for retention (I think most people know if they are), then that might be the push either way.
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  #12408 (permalink)  
Old 25-06-2021, 10:02 AM
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applied for 2 inhouse roles that i'm really keen on but no callback, sigh
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  #12409 (permalink)  
Old 25-06-2021, 10:04 AM
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How much do these offshore firms start the laterals with 2-3 PQE at?
What are the salaries for associates with 4-6 PQE and senior associates like?

is this based on PQE? or is there a industry standard % of billable hours? is the salary 250k if say you bill a couple of million dollars as a senior associate etc.
also interested to know
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  #12410 (permalink)  
Old 25-06-2021, 11:11 AM
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also interested to know
Offshore salary -> Depends on firm, bar qualification requirement, practice area and expansion dynamics. Im not about to write an essay so give me a more specific question.

Assocs with 4-6 PQE and senior assocs -> which firms? small and b4 have very different dynamics. For big firms you technically have a variable bonus component but it's rarely based on your billable hours. For small firm you might get a cut dependng on the firm.
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