Howrey is taking the shears to its partnership ranks following a 35 per cent drop in equity partner profits in 2009. Between 25 and 30 partners are expected to leave the firm in the
Law firm news by topic » Layoffs
While numbers of lawyers being laid off seems to have slowed down in recent months, some employees are still losing their jobs as firms adjust to the new economic environment. This is the unfortunate fate of 30 legal
Law school admissions in the US rose 5 percent between 2008 and 2009, according to the Law School Admission Council. Some 151,400 people sat for law school entrance exams last year, and more than 51,000 entered law
According to the latest report from the Bureau of Labor Statistics, the US legal services sector lost 2,100 jobs in December 2009.
Mayer Brown's London corporate department. The US firm has just announced plans to lay off up to eight associates, but a Mayer BrownFour corporate partners have resigned from
Sonnenschein Nath & Rosenthal laid off an undisclosed number of non-lawyer staff members last Friday. The US law firm also plans to abandon lockstep pay. Associates will be divided into three categories: associate,
US law firm revenues are expected to fall 5 to 10 percent this year, according to Citi Private Bank. . Citi Private Bank’s Dan diPietro says, some law firms are now eliminating jobs at the partner level. DiPietro
Australian law firms laid off almost 500 senior associates and junior lawyers since June 2009 as companies are cutting costs. The number of partner appointments fell by by 50 percent to 58 new positions at 32 major
Chicago-based intellectual property firm Brinks Hofer Gilson & Lione announced layoffs of about six percent of its total workforce. In addition to cutting seven lawyers and 19 staff, Brinks Hofer may also reduce
Since November 2008, the legal sector in the US has lost a total of 41,800 jobs. In November, 2,900 jobs were cut, half the number of 5,800 jobs shed in October, but more than the reported 2,000 jobs lost in
CMS Russia has laid off 30 more employees, including 10 fee earners, in a redundancy round which closed in November. The firm has slashed 61 jobs, including 29 fee-earners, in the year following the merger of CMS'
Another 5,000 City lawyers could find themselves out of work next year as UK law firms undergo a new round of job cuts, reports The Times, citing bankers close to the legal According to the report, big firms have
Baker & McKenzie, O'Melveny & Myers, Paul Hastings Janofksy & Walker and other U.S. firms have laid off lawyers in China in recent months. PRC firms like King & Wood, China's largest firm, Zhong Lun Law Firm, or Jun
Denton Wilde Sapte has begun a second redundancy consultation, with 29 support and secretarial positions at risk. The bulk of the cuts is expected to affect the London office, with the rest in Milton Keynes. Denton
In the second round of staff cuts this year, technology and venture capital law firm Cooley Godward Kronish LLP laid off 58 employees - about 7 percent of the firm’s staff - citing “pockets of staffing