Law firm news by topic » Crunch

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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UK banks and law firms slash graduate intake

Aug 20, 2008 Property and legal firms have slashed their graduate intake by up to 80 per cent as the credit crisis bites. The slowdown is also affecting graduate entry jobs in construction and management consultancy, and could…

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Dickinson Dees to axe 70 staff

Jul 16, 2008 Newcastle-based Dickinson Dees is to lay off around 70 staff as the credit crunch begins to bite. The lawq firm has has started formal consultations with employees in its d3 Legal division, which deals with its volume…

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Macfarlanes' figures hit by credit crunch

Jun 25, 2008 Macfarlanes has achieved a modest 6.7 per cent rise in revenue but failed to increase its average profit per equity partner. In the firm's latest financial results, turnover increased to £110m from £103m last year,…

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Trainee retention defies crunch

Jun 17, 2008 The credit crunch has failed to have an impact on trainee retention rates, with early indications from a cross-section of leading firms such as Freshfields Bruckhaus Deringer, CMS Cameron McKenna, Norton Rose, Pinsent…

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Rumours of redundancies at Dechert

Apr 28, 2008 According to RollOnFriday rumours abound that Europe's first credit crunch casualties of 2008 will be at Dechert. Last month the firm showed the door to 13 of its lawyers in the States, and insiders say that the London…

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