WolfBlock Considering Possible Dissolution; Consultant Hired in Case of Wind Down

Updated: Partners at the Philadelphia-based WolfBlock are meeting today to discuss a possible dissolution of the law firm, according to published reports. (And, since this ABAJournal.com post went up this…

Mar 23, 2009 12:29 PM CDT

Partner Pressures Ramped Up in Downturn, Firm Chairman Says

The chairman of Philadelphia law firm Schnader, Harrison, Segal & Lewis says the economic downturn is increasing the pressure on partners to work harder and generate revenue.

“There is going…

Mar 23, 2009 12:14 PM CDT

DLA Piper Will Cut Pay for Most Partners by 11.5 Percent

Most partners at DLA Piper will see pay cuts of 11.5 percent this year, but a few of its superstars will earn more.

The move comes after Dewey & LeBoeuf…

Mar 23, 2009 11:45 AM CDT

Investor Points Finger at Holland & Knight Over Nadel Disclosure Forms

An investor who says he lost $1.85 million in a claimed $397 million fraud allegedly orchestrated by Arthur Nadel is accusing an international law firm of having helped prepare documents…

Mar 21, 2009 12:59 AM CDT

Troutman Sanders Plans Unknown Number of Lawyer & Staff Layoffs

In a meeting today, Troutman Sanders called for staff volunteers to accept a “generous” severance package.

And it also announced that the firm plans to make an…

Mar 20, 2009 10:01 PM CDT

Oops. Major NE Law Firm Isn’t Bankrupt

Despite the dismal economy, McCarter & English hasn’t needed to make any attorney layoffs to stay on sound financial footing. In fact, the well-known Northeastern law…

Mar 20, 2009 9:31 PM CDT

Feeling Like a Failure? Given in to Cynicism? Your Diagnosis is Burnout

Cynicism isn’t just a personality trait—it can also be a symptom of burnout, according to two researchers.

The study by researchers Christina Maslach and Michael Leiter found that burnout can…

Mar 20, 2009 6:41 PM CDT

1st Layoffs Ever at Dunlap & Seeger; Minn. Firm Cuts 2 Lawyers, 3 Staff

A well-known Minnesota firm has joined the ever-lengthening list of law partnerships making layoffs because of the dismal economy.

Dunlap & Seeger has cut two attorneys…

Mar 20, 2009 5:25 PM CDT

Domestic Abuse Victims in Mass. Get Proskauer Rose Lawyers

Domestic abuse victims who initially seek a court protective order not infrequently back away from the effort later on.

But one major reason why is the lack of a level…

Mar 20, 2009 5:12 PM CDT

Mayer Brown Expects to Cut Up to 55 People in UK; Memo Spurs Fears of More

Mayer Brown is expecting to lay off up to 55 lawyers and staffers in its London office.

The law firm said in an internal memo today that it has begun…

Mar 20, 2009 2:38 PM CDT

Commerce Nominee, a Davis Wright Partner, Made $1M in Past Year

Gary Locke, a partner at Davis Wright Tremaine who is nominated to become commerce secretary, made more than $1 million in income in the past year, more than half of…

Mar 20, 2009 1:14 PM CDT

Dreier’s Lawyer Expects Guilty Plea; Firm Lawyers at Risk in Bankruptcy Case

Marc Dreier will likely plead guilty to charges he sold $700 million in phony securities to investors, his defense lawyer told a judge yesterday.

Dreier, who was the only equity…

Mar 20, 2009 11:06 AM CDT

Burris Legal Bills Could Hit $400K; Embattled Senator Plans Defense Fund

An embattled U.S. senator from Illinois who is fighting efforts to force him from office, following allegations that he misrepresented his dealings with now-impeached ex-Gov. Rod Blagojevich, expects that his…

Mar 20, 2009 1:22 AM CDT

Katten Lays Off 69, Cuts Pay of Associates Low on Billables By 20%

Katten Muchin Rosenman announced today that it is laying off 23 attorneys and 46 staff members.

And that’s not all. Among other cost-cutting measures, the firm is reducing by 20…

Mar 19, 2009 8:06 PM CDT

Jenner & Block Lays Off 34 Staff

Jenner & Block announced today that it has laid off 34 staff members in its Chicago headquarters and Washington, D.C., offices.

In a written statement, managing partner Susan Levy notes…

Mar 19, 2009 6:55 PM CDT