New information about at least one law firm that is further pushing back the start date for incoming first-year associates isn’t yet included in a lengthy list published today by…
New York law firms are unlikely to cut associate salaries that start at $160,000 absent a move by market leaders such as Sullivan & Cromwell; Cravath, Swaine & Moore; Simpson…
In the latest signpost pointing the way toward a possible sea change in associate compensation, the managing partner of a 300-attorney Texas-based law firm says it’s time to cut the…
Contract lawyers are seeing a drop in hourly pay as more laid-off colleagues join their ranks, but there may be a silver lining in the economic downturn for those who…
In the latest announcement of yet another BigLaw firm delaying the start date for incoming first-year associates, Morrison & Foerster has pushed it back from November 2009 to April 2010…
In an innovative approach to the problem of too many lawyers and too little work, Stroock & Stroock & Lavan is offering multiple deferral options to its incoming class of…
In 1985, New York’s Cahill Gordon & Reindel was No. 35 on American Lawyer’s first list of the nation’s top-grossing law firms. In 2008, an 11.8 percent drop in gross…
Implementing a restructuring plan announced earlier this year to deal with the dismal economy, Allen & Overy laid off about 250 lawyers and 200 staff today.
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