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To bring in a huge class of first year associates when there is very little work for them and then layoff over half of them only four months later.
To avoid the appearance of rescinding offers the New York office of Latham & Watkins brought in a massive class of first years even though there was no work for them and then laid off over half of them only four months later.

A young graduate of Harvard Law School lamented his stealth offer rescission and wondered why he hadn't chosen Skadden instead.
by Latham Diaries May 06, 2010
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May 4 Word of the Day
A portmanteau of carpe diem, a Latin phrase that means “Seize the Day!” and DM, which stands for Direct Messages. This word means seizing the day via DMs.
Dude 1: Bro I just got Arnold Schwarzenegger’s number!
Dude 2: Carpe DM, bro, Carpe DM.
by LolWut098 December 30, 2020
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