ABA Journal

Layoffs

829 ABA Journal Layoffs articles.

Orrick Lays Off 40 Lawyers, 35 Staff in Three Practice Groups

In more BigLaw bad news before the holidays, Orrick, Herrington & Sutcliffe just announced it is laying off about 40 associates and counsel in the firm’s real estate, structured finance,…

Harvard Law Students, Legal Recruiters among Those Hit by Law Firm Cuts

As the economic downturn hits big law firms, resulting in layoffs and a few dissolutions, legal job seekers—and the people who help them find jobs—are also feeling the pain.

The…

White & Case Axes 70 Lawyers, 100 Staff

In the latest law firm layoffs over the current economic turmoil, White & Case has eliminated 70 lawyers and 100 staff members from its ranks.

A lack of work in…

Loeb & Loeb Lays Off Eight Associates

Loeb & Loeb has confirmed the layoffs of eight associates.

The law firm released a statement that said the lawyers were laid off as part of a “periodic attorney evaluation…

A Wrong Prediction about Construction Litigation Results in Layoffs

A Chicago law firm has laid off four of its 14 associates after hiring seven lawyers earlier this year in anticipation of an increase in construction litigation that never materialized.

Nearly 25% of UK’s Top Law Firms Considering Layoffs

Nearly a quarter of the top 50 law firms in the United Kingdom say layoffs are possible or likely in the current financial year.

Ten percent of the firms responding…

Partner Vote Affirms ‘Foregone’ Decision to Dissolve Thelen

Thelen partners have voted to dissolve the law firm, affirming a decision made last week by the firm’s leadership.

Legal Pad

McKee Nelson Cuts 17 Associates; Expects 10% Drop in Partner Profits

McKee Nelson announced today that it laid off 17 corporate finance associates and 15 staff because of a steep decline in structuring mortgage-backed and asset-backed securitizations.

“This is market-driven, not…

Bell Boyd Lays off 10 Chicago Associates in ‘Belt-Tightening Measure’

Chicago based Bell Boyd & Lloyd has laid off 10 Chicago associates in a variety of practice areas.

Managing Partner Nancy Bertogio said in a prepared statement that the move…

Heller’s Chairman is Headed to Dechert

The chairman of the dissolving Heller Ehrman law firm has found a new home—Dechert.

Matthew Larrabee will practice in the litigation group of the firm’s San Francisco office, reports the…

Landlords Fear Law Firm Layoffs

Associates aren’t the only professionals fearing law firm layoffs. The idea also troubles landlords, who rely on law firms to pay top dollar for office space that offers technology upgrades…

When the Boss Turns Quiet: Warning Signs of a Layoff

If your boss suddenly stops talking to you, it may be a warning sign that you will soon be laid off.

The Wall Street Journal (sub.…

O’Melveny Says Cost-Cutting Drove Staff Cuts, but Not Associate Ousters

A review of costs at O’Melveny & Myers this year has resulted in staff layoffs, but ousted associates were fired for performance rather than cost-saving reasons, according to a firm…

Dechert Chair Calls Layoff Rumors ‘Bull,’ Says Firings Performance-Related

The chairman of Dechert says overall associate head count is up at the law firm, despite some performance-related firings, and any talk of new layoffs is “bull.”

Firm chairman Barton…

Jenner & Block Asks About 10 Partners to Leave

Jenner & Block has notified about 10 partners that they should leave the law firm, sources told the National Law Journal.

The news comes less than…

Read more ...