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Survey predicts more cuts to equity partnerships

Dec 1, 2010 The days of cuts to the partner ranks are not over, according to a new survey onducted by the Amercan Lawyer. The survey reports almost 70 per cent of the 124 respondents said their firms plan to ask partners to leave in…

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BigLaw bonuses won't make you happy

Nov 30, 2010 This article points out that the big law model requires a high level of attrition, and maximum profit is achieved if a good number of associates leave after three or four years. In this context, it is easy to see…

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Bloomberg gears up for the legal research market

Nov 23, 2010 Bloomberg has hired nearly 500 lawyers over the past year, making it the largest source of new legal jobs in New York. The company is looking to make its play on $14.5 billion legal research industry, upsetting the…

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DLA Piper lays off employees in 26 US cities

Nov 16, 2010 DLA piper has laid off an undisclosed number of staffers from its offices in 26 US cities. The firm’s CEO and director of US operations Bob Bratt said: "It is important for us at DLA Piper to ensure that our…

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GCs keep work in-house to save on costs

Oct 25, 2010 Legal consultants Altman Weil released their Chief Legal Officer Survey last week, reporting that 63 per cent of respondents increased their internal budgets from 2009 to 2010, while 29 per cent said that they planned…

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Greater transparency from US law schools?

Oct 21, 2010 There is mounting pressure upon US law schools to publish data describing how many of their graduates secure employment, and under what conditions. Some claim that law school applicants are being fooled into taking on…

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2010 sees leaner US summer associate programs

Oct 7, 2010 2010 was another tough year for summer associates, with many firms reducing the size of their summer intake, cutting the length of their summer programs, or doing away with the program all together. On the bright…

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