As reports build of pay cuts, furloughs and layoffs at law firms, it’s understandable that associates are concerned. Now, a new survey of 1,335 associates quantifies the extent of their worries.
More law firms announced pay cuts, layoffs and furloughs this week, but the pace is slowing. Since the ABA Journal reported on such measures last Thursday, at least eight more law firms gave staff members and lawyers bad news.
Few glitches and 1 surprise in SCOTUS teleconference arguments U.S. Supreme Court Justice Clarence Thomas asked questions during the high court’s first teleconference arguments Monday, something he rarely does. The court followed a new format in which Chief Justice John G. Roberts Jr. asked the first question, then other justices…
At work, Hogan Lovells senior associate Russell Hedman leads and negotiates complex M&A and investment transactions. Outside the office, he plays in a Denver band called the Rocket Surgeons.
The managing partner of Pierce Bainbridge Beck Price & Hecht has denied a report that the firm is shutting down following the loss of about 50 lawyers, including three name partners who left earlier this month.
More and more law firms are cutting salaries, reducing partner compensation, and furloughing or laying off employees because of the novel coronavirus. Since the ABA Journal’s story last Thursday on the trend, at least 19 additional large and midsized law firms have taken temporary measures to reduce costs because of financial uncertainty created by the COVID-19 pandemic.
“The students might be operating remotely, or the firms are not having a summer program, but they will pay the students some amount of money,” says Austen Parrish, dean of the Indiana University Maurer School of Law.
Several major law firms announced pay cuts and some furloughs this week, joining at least nine midsize and large firms that took those steps last week.
Judge is accused of using staff to run personal errands Ethics charges filed Friday accuse an Atlanta municipal court judge of using court staffers to run personal errands and regularly threatening to fire employees for minor issues. The judge, JaDawnya Baker, is also accused of improperly dismissing cases, interfering with…
Some law firms have announced that they are delaying the start date of their summer associate programs and shortening their length because of the COVID-19 pandemic.
Partners have a less-than-rosy view of associates’ work habits and dedication to work, according to a study of generational dynamics at law firms released on Thursday.
The law firm Cadwalader, Wickersham & Taft is imposing temporary pay cuts and pausing partner distributions because of the financial effects of the novel coronavirus crisis.
The economic impact of the novel coronavirus pandemic is hitting BigLaw. “Businesses around the world are bracing for the short-term and potential long-term economic impacts of COVID-19,” said one firm.
