Top AM Firm Ghosted me After Signing FT Offer Contract (Summer Associate - FT Hire)

Hey everyone! I was hoping to get you input on a situation I have with the firm I interned in 2021. 

In summer 2021, I worked with an asset management firm (AUM over $2 trillion) as a summer associate and I was able to secure a FT offer with them. I ended up accepting the offer, but my graduation date was unfortunately postponed a semester due to a class I had to retake. Once I got word of this I ended up contacting HR and they said they'd get back to me within a few months, but they ensured that it shouldn't be a problem. They basically implied that a January 2023 start date wouldn't be an issue.

At first I was worried about the offer being rescinded, but after reviewing the contracts I noticed that it didn't specify a graduation date/start date or anything related. So I kind of brushed it off and assumed it was okay. 

Long story short, months passed by and I kept following up with them and they NEVER got back to me. I just graduated December and I'm still literally in limbo with them. I spoke to professors/family/friends/colleagues and everyone is telling me to sue because the contract is legally binding. I'd consider doing it, but the thing is that I don't necessarily want to burn my bridges or have lawsuit impact my ability to land a job in finance.

How would you guys proceed with this? Any bit of advice is appreciated!

Comments (1)

  • Analyst 1 in PE - Other
2mo 

Molestiae et sed quam error et a quos. Aut consectetur dicta voluptate velit aut iusto qui.

Tenetur accusamus et veniam corrupti. Sit assumenda vero velit ratione. Enim id sunt quaerat. Ut perspiciatis et rerum ea.

Provident dolore aut ut velit. Recusandae recusandae minus ut recusandae.

Start Discussion

Career Advancement Opportunities

March 2023 Investment Banking

  • Lazard Freres (+ +) 99.5%
  • Lincoln International (= =) 99.1%
  • Jefferies & Company (▽02) 98.6%
  • Financial Technology Partners (▽01) 98.2%
  • William Blair (▲10) 97.7%

Overall Employee Satisfaction

March 2023 Investment Banking

  • William Blair (▲04) 99.5%
  • Lincoln International (▲11) 99.1%
  • Canaccord Genuity (▲17) 98.6%
  • Stephens Inc (▲10) 98.1%
  • Financial Technology Partners (▲04) 97.7%

Professional Growth Opportunities

March 2023 Investment Banking

  • Financial Technology Partners (▲05) 99.5%
  • Lincoln International (▲01) 99.1%
  • Lazard Freres (▲14) 98.6%
  • Jefferies & Company (▽03) 98.1%
  • William Blair (▲02) 97.7%

Total Avg Compensation

March 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (27) $425
  • Associates (141) $260
  • 3rd+ Year Analyst (9) $194
  • 2nd Year Analyst (86) $170
  • 1st Year Analyst (264) $171
  • Intern/Summer Associate (45) $165
  • Intern/Summer Analyst (194) $92