• Home
  • News
  • Latest Layoffs: Skadden Staff Attorneys & 65 Akin Gump Staff, Among Others

Law Firms

Latest Layoffs: Skadden Staff Attorneys & 65 Akin Gump Staff, Among Others

Posted Jan 20, 2009 4:17 PM CST
By Martha Neil

The ax reportedly has fallen on attorneys and staff at four more well-known law firms, in addition to three that made layoffs news last week.

According to Above the Law, Skadden Arps Slate Meagher & Flom gave pink slips on Friday to a significant number of its staff attorney workforce, citing economic conditions. No associate attorneys were cut, however, according to an apparent internal Skadden memo included in the ATL report.

"The staff attorney position was created and designed to absorb peak demands. The economic turmoil has required us to reassess that level of support, nevertheless more than half of our staff attorneys remain with the firm," the memo states. According to unidentified "tipsters" cited in the ATL post, Skadden is giving the staff attorneys the firm cut from its roster eight weeks of severance pay, and those affected are based primarily in New York and Washington, D.C.

Meanwhile, as a number of other law firms laid off attorneys after the economy plunged last fall, Akin Gump Strauss Hauer & Feld didn't. But the Washington, D.C.-based litigation and regulatory powerhouse did rescind offers to some incoming summer associates last year, and now it is laying off 65 staff members, according to a National Law Journal article reprinted by New York Lawyer (reg. req.).

"We wanted to get our staff-to-lawyer ratio to match up with the economy," spokeswoman Sheila Turner tells the legal publication. She says the staff reductions are spread throughout the firm's U.S. offices. The almost 1,000-attorney firm does not plan to lay off any lawyers, she notes.

Indianapolis-based Ice Miller is also laying off some staff, reports the Indiana Lawyer Daily.

It also appears that some attorneys across the pond at U.K.-based Denton Wilde Sapte will not be employed there long. The firm reports that it may lay off as many as 80 individuals, about half of whom are expected to be "fee-earners," reports Legal Week.

All of these reductions follow news last week of layoffs at two well-known Philadelphia law firms and Boston-based Foley Hoag.

Comments

1.

B. McLeod
Jan 20, 2009 4:35 PM CST

More legions of castaways.  Too bad that $30,000 position in midtown Manhattan wasn’t real.

Flag this comment

2.

No Jobs
Jan 21, 2009 4:29 PM CST

McLeod there is a $35,000 one posted in Detroit.  Tis a joke.

Entry Level Position available for an Associate Attorney available for busy, fast-paced Oak Park law firm. This position is ideal for a recent graduate newly admitted to the Bar and just starting out. PIP experience helpful. Please submit resumes for consideration of this position.
 
Compensation: $35,000.00/yr

Flag this comment

3.

LHS
Jan 23, 2009 8:20 AM CST

There was a $35k job listed in Hempstead, NY a few months ago too.

Flag this comment

4.

Steve
Jan 23, 2009 9:17 AM CST

Forrest Gump never got laid off.  You want to know why: he was his own man.  He realized he was not a smart man but did know what love is.  He always followed his talents when playing football at Alabama and playing ping-pong in the army.  Then, with the help of Lieutenant Dan, he built Bubba Gump Shrimp in the memory of his fallen friend.  Forrest would never have been hired by any company in any position.  That’s why he had to make his own way in life, which in the end made him a stronger person.

Flag this comment

5.

B. McLeod
Jan 23, 2009 9:42 AM CST

Amen, Brother Steve.  “Life is like a box of chocolates.”

Flag this comment

6.

JCRebel
Jan 23, 2009 10:24 AM CST

Daffy Duck, the Easter Bunny, and the Tooth Fairy are self-employed too, and look how well they have done for so many years.  Strive to be like these great business minds, and you will make it through this tough economy just fine.  Oh yeah, Forrest Gump…he is a great example too.

Flag this comment

7.

xyz
Feb 3, 2009 1:11 PM CST

I’ve been fired before—-with a non-working wife and 2 small children to feed.  Now, let these young lawyers, with their sense of entitlement, feel the sting of the pain whip.

Flag this comment

Add a Comment

We welcome your comments, but please adhere to our comment policy.

Commenting has expired on this post.