Twenty-five U.S. partners are among the 59 partners who left A&O Shearman since its decision last year to trim 10% of its global equity partnership, according to a count by Law.com.
A&O Shearman is cutting 10% of its global equity partners, closing its Johannesburg office in South Africa and terminating its consulting business, multiple legal publications are reporting.
The Southern Poverty Law Center has acknowledged an “organizational restructuring” after the SPLC Union said the group laid off more than 60 union members, along with at least 20 supervisors, last week.
Bryan Cave Leighton Paisner has laid off about 50 staff members in the United States and the United Kingdom, with most of the cuts occurring in business services.
Lawyer head count is growing, while productivity is declining, according to a year-end survey of more than 130 larger law firms released this week by Wells Fargo’s Legal Specialty Group.
Law firm revenue increased 4.6% through the third quarter of the year, thanks to a hike in billing rates, according to a survey of more that 120 firms by Wells Fargo’s Legal Specialty Group.
Talent wars helped push the national median salary for class of 2022 law graduates to a record high of $85,000, according to figures released Wednesday by the National Association for Law Placement.
