Ballard Spahr has indicated that it will delay the start dates of its new associates until 2010. It will offer a stipend to lawyers who are affected by the change.US law firm
Law firm news by topic » Layoffs
As if you needed someone to tell you, the global economic downturn has also been felt in the legal sector. According to the US Bureau of Labor Statistics, the legal sector lost 5500 jobs for both lawyers and support
Following the investment firm's merger with US bank Bank of America, Merrill Lynch has undergone a large cut in its legal staff in the UK. The majority of the cuts affect the sales and trading group.
Newcastle-headquartered Watson Burton has launched a second round of redundancy consultations affecting 75 people in the firm, reports The Lawyer.
Reports have emerged that even in-house counsel are being affected by the increase in legal layoffs. Firms focusing on efficiency may eliminate lawyers whose work is not indispensable, irrespective of the lawyer's
On Monday, the Clifford Chance partnership voted in favour of a previously announced plan to change the size and structure of the firm's partnership. Partner approval was needed to implement the plan, which may result
Salans is considering cuts which would result in the elimination of almost 7% of its London City staff, including legal and support staff. The firm is also weighing a possible four-day work week and staff sabbaticals.
Mayer Brown has indicated that it will eliminate 55 jobs in legal and support staff in its London office. In addition, the firm may freeze associate salaries.
Jenner & Block have laid recently off both legal and non-legal staff, including associates and non-equity partners at Katten. Katten also indicated itKatten Muchin Rosenman and
Clifford Chance partners are currently voting on a revision to the firm's partnership structure. The change would, among other things, reduce the number of partners and result in departures by the end of 2009.
Halliwells has elected to postpone the start dates of its trainee lawyers scheduled to begin in 2009 and 2010. The next date for which the firm will be recruiting will beUK firm
Some unemployed lawyers have been unable to secure volunteer work as part of firm programmes offering compensation to employees who accept unpaid public-interest employment. Not-for-profit organizations are often
Allen & Overy firm management has made clear that staff will be evaluated on a number of specific criteria when determining whether they should be subject to redundancy, including performance, disciplinary record, and
Changes in the US employment laws may create possible pitfalls for law firms seeking to cut their legal staff, some employment lawyers have noted. Employment discrimination suits overall are at a 44-year high, and
Baker & McKenzie, one of the world's biggest law firms, has launched a formal redundancy consultation that will see the loss of between 60 and 85 jobs in its London office. London managing partner Gary Senior