Magic Circle law firm Clifford Chance is losing partners and cutting associates as it grapples with the decline of the pound and disputes over lockstep pay.
Associates at Bryan Cave will have to wait three months longer than usual to learn whether they will get a pay hike. And they won’t receive bonuses under the firm’s…
Updated: In a much-awaited memo issued today by Cravath Swaine & Moore, the white-shoe New York City-based law firm told disappointed associates that they would be getting much smaller year-end…
As law firm layoffs become relatively commonplace news, it isn’t just attorneys in private practice who are nervously wondering where the ax might fall next. In-house lawyers are at risk…
Women lawyers at large law firms earn less than their male counterparts at all levels, but the difference is especially pronounced among equity partners, according to a new survey.
A futurist argues that the legal profession is about to undergo a “fundamental transformation” in which conventional legal advisers will be much less prominent and legal services will be “commoditized”…
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