Law firms in the Washington area in the US managed to increase profits for equity partners in 2010, In spite of flat revenue, by cutting expenses. A study by the legal specialty group at Wells Fargo Wealth Management
Law firm news by topic » Layoffs
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
Howrey has laid off 32 support staff across ten US offices. The firm cited a need to adjust the size of its workforce to meet client needs and focus on core practice areas. "This
Clifford Chance is suing the firm, claiming she was discriminated against when she was laid off in 2007. Karen Ramdhanie isA former associate from the New York office of
Before the recession, graduate starting salaries grew at a rate that considerably outstripped inflation. When the demand for legal services dropped, law firms moved to protect partner profits by laying off staff,
Fifty-one per cent of law firm recruiting and professional development departments lost staffers as a result of job cuts since 2008, according to a new survey by the National Association for Law Placement (NALP).
Hogan Lovells is rumoured to be taking home a salary of close to $1 million a year. Jolene Overbeck has worked with a number of US law firms,A new marketing officer at
Clifford Chance has reported that profit per equity partner shot up to £933,000 last year – an increase of 25 per cent on the previous year, when profit per equity partner
Husch Blackwell, based in Kansas city, has confirmed that it has laid off 20 lawyers, including associates and non-equity partners. The lawyers affected reportedlyUS firm
A new report from Citi Private Bank predicts that law firms will cut more equity partners in the near future. The survey of 187 law firms shows that revenues have remained flat for the first six months of 2010, with
More layoffs are expected in the latter half of 2010, according to a new survey conducted by consulting firm Altman Weil, but there will be fewer layoffs than occurred in 2009. The survey - "Law Firms in Transition
McDonough Holland & Allen, the second-largest law firm in Sacramento - California's state capital - is planning to close down after losing over 20 lawyers since March.
Jones Day has laid off an unspecified number of support staffers in its Los Angeles and Dallas offices. About two thirds of those laid off are secretarial workers, and the remainder
Olswang has posted a small increase in turnover for this financial year, up 2 per cent from £89.2m to £91m. Meanwhile the average profit per equity partner has jumped 38 per cent to
Mayer Brown has circulated an internal memo informing staff of a further round of layoffs. The memo says that the firm is letting go of 28 associates and 47 staffers, while offering