Layoffs

Am Law 200 firm cuts lawyers and staffers as it looks at cost-cutting measures

Procopio, Cory, Hargreaves & Savitch confirmed Monday that it has laid off lawyers and staff members.

Feb 14, 2023 10:00 AM CST

Goodwin Procter averaged gain or loss of 1 lateral associate each day since 2020

Lateral associate movement at Goodwin Procter flowed both ways, as the law firm boosted productivity and head count during a period of rising deal work.

Feb 9, 2023 11:40 AM CST

BigLaw firm lays off 12 associates and 26 staff members because of ‘economic headwinds’

Shearman & Sterling confirmed Wednesday that it has laid off 12 associates and 26 business services staff members.

Feb 8, 2023 3:37 PM CST

BigLaw firm cuts 21 staff members, citing ‘excess capacity’ and ‘misalignment’

Davis Wright Tremaine has laid off 21 staff members, citing a need to “better align our capabilities and capacity with current and anticipated workflows.”

Feb 8, 2023 9:57 AM CST

Citing slowdown, Stroock & Stroock & Lavan confirms layoffs

Stroock & Stroock & Lavan has laid off nine lawyers and 18 staff members and business professionals.

Jan 9, 2023 10:47 AM CST

Goodwin Procter plans layoffs of lawyers, paralegals and staff members

Goodwin Procter announced lawyer and staff layoffs in an internal memo Thursday that will affect 5% of its timekeepers and nonlawyer professionals.

Jan 5, 2023 4:16 PM CST

Citing ‘overcapacity,’ Cooley lays off 150 lawyers and professionals

Cooley has laid off 78 lawyers and 72 paralegals and business professionals as a result of “overcapacity” following an “unexpected economic downturn.”

Dec 1, 2022 9:42 AM CST

Some law firms tie in-person work to bonuses and job retention amid demand slowdown

Some law firms are getting tough with demands for in-person work, observers have told Law.com.

Nov 22, 2022 9:53 AM CST

Some corporate associates lose their jobs at Cooley after performance reviews

Cooley has confirmed that some associates have been let go as a result of midyear performance reviews.

Nov 9, 2022 10:23 AM CST

Fish & Richardson cuts litigation secretary positions; consultant warns of ‘dying profession’

Fish & Richardson is eliminating the position of legal secretary across its 14 offices.

Sep 21, 2022 8:42 AM CDT

Some law firms are ‘pulling back the throttle’ on hiring as expenses rise and deal work slows

Associates are confronting a new reality as law firms slow hiring in response to higher costs, rate pressures and a decline in demand, especially in mergers and acquisitions. “The demand for associates no longer exceeds supply,” says one recruiter.

Sep 8, 2022 10:05 AM CDT

Reed Smith expects to cut 66 legal secretary jobs in voluntary separation program

Reed Smith expects to cut 44 legal secretary jobs in the United States and another 22 of those jobs in the United Kingdom in a voluntary separation program, the law firm said Wednesday.

Aug 27, 2021 1:15 PM CDT

At these top law firms, profit boosts followed layoffs of lawyers and staff members

Some of the nation’s top law firms posted substantial boosts in profits last year after laying off attorneys or staff members, according to an analysis by Law.com.

Mar 4, 2021 12:33 PM CST

After cutting lawyers in ‘a pace reminiscent of 2009,’ law firms see net income rise nearly 10%

Law firms saw a 9.9% growth in net income last year after cutting discretionary expenses and laying off lawyers, according to two reports released this week.

Feb 3, 2021 2:31 PM CST

Morrison & Foerster cuts staff, citing trends accelerated by COVID-19 pandemic

Morrison & Foerster is cutting 4% of its staff positions in the United States and is in the process of eliminating a handful of staff jobs in the United Kingdom.

Feb 1, 2021 12:59 PM CST