Adding to an ever-lengthening list of law firm layoffs, Boston-based Foley Hoag has announced that it is giving pink slips to about 32 associates and staff members.
Some rumors had put the drop in partner profits at Cadwalader, Wickersham & Taft at 50 percent. So the news of a 30 percent decline doesn’t seem all that bad.
One of the oldest law firms in Charlotte, N.C., announced yesterday that it is laying off 13 attorneys and another 15 staff members to cope with a difficult economy.
Wildman Harrold Allen & Dixon has confirmed that the Chicago-based law firm has laid off “approximately” 10 attorneys. About half are non-equity partners and the rest are associates.
Legal recruiters in Chicago who have been hearing from Kirkland attorneys looking for work say the big-name firm is planning layoffs in its Chicago headquarters.
In another sign of the turbulent economic times, megafirm Baker & McKenzie, which historically has had its biggest roots in Chicago, is tightening its belt.
A law professor says changes in law firm structures are contributing to high labor costs and financial problems that are causing some firms to crumble.
Most American lawyers expect the recession to affect a broad swath of the legal profession and last for quite some time. Our survey was answered by 14,307 attorneys—more than 1.3…
White-shoe law firms Heller Ehrman and Thelen dissolve, leaving hundreds of lawyers to fend for themselves in an extremely competitive legal market. White & Case lays off 70 associates; Cadwalader,…
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