Law firm news by topic » Credit

Cooley Law School set to make mass layoffs

Aug 16, 2014 Reports indicate that Cooley Law School is set to lay off over 50 percent of its faculty of 271 law professors. One angry professor speaking to the Lansing City Pulse had this to say: “We have non-disparagement and…

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Doom and gloom ahead for U.S. law firms

Oct 24, 2008 U.S. consulting firm Hildebrandt predicts that profits per partner for 2008 will be flat or drop by 10%. Some law firms with significant capital markets practices will see even steeper declines...

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Law Firms Gear Up for Bailout-Bill Work

Oct 15, 2008 The meltdown has been good for some elite firms with New York roots and longstanding banking ties, such as Sullivan & Cromwell LLP, which has represented Lehman Brothers, Fannie Mae and Wachovia in the past…

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Law firms slow Asia expansion

Oct 10, 2008 The Asian legal market is starting to feel the effects of the credit crunch with partners no longer viewing the region as safe from the effects of the global downturn...

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Moscow law firms feel the credit crunch

Sep 25, 2008 The impact of the credit crunch finally hit Russian law firms. Capital markets practices are taking the biggest hit after the Russian Government was last week forced to inject $20bn to support the country’s financial…

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