ABA Journal

Layoffs

799 ABA Journal Layoffs articles.

What, Me Worry? Not These Law Firm Leaders

Associates appear to be more worried about the economy’s effects than the leaders of law firms interviewed by American Lawyer.

“It’s a strange phenomenon: The level of…

Retire at 50? Many Firms Offer Early Option, But Few Match O’Melveny’s

Corrected: Many law firms offer early retirements to boost profits per partner, but few are setting the floor at age 50, as O’Melveny & Myers recently did.

The law firm…

Sonnenschein Defends Ex-Partner’s Pay in Trial Beginning This Week

A former partner’s $8.5 million lawsuit against Sonnenschein Nath & Rosenthal gets under way this week.

Douglas Rosenthal claims Sonnenschein forced him to retire and underpaid him for work on…

O’Melveny Offers Buyout to Partners Over 50

O’Melveny & Myers is offering a buyout package to older partners, according to a lawyer who is taking advantage of it.

Masood Sohaili told

Jenner & Block Demotes or Ousts at Least 10 More Equity Partners

The Chicago-based law firm of Jenner & Block is pushing at least 10 more partners out of the equity partnership ranks and asking some of the lawyers to leave, sources…

Amidst Layoffs, Some Law Firms Prosper

Updated: Although some law firms are suffering as a result of the current turmoil in the U.S. economy, others are doing fine. One secret to their success: avoiding hot practice…

New Spin on Dechert Layoffs

Today is the deadline for 13 unlucky associates in Dechert’s finance and real estate group to decide whether to accept a severance package or shift to a busier practice area.

Dechert to 13 Associates: You’re Fired ... No, You’re Not

Updated: After notifying 13 real estate and finance associates last week that they were being laid off, apparently because of a slowing economy, Dechert has reportedly changed its mind.

The…

The Wall Street Journal’s General Counsel Is Fired

The Wall Street Journal has axed Stuart Karle, the paper’s longtime general counsel who achieved some important First Amendment victories.

Karle did not disclose why he was fired in a…

Dechert Lays Off 13 Associates (But That’s Not the Final Answer)

Updated: In an apparent response to the slowing economy, Dechert has reportedly laid off 13 associates in offices throughout the U.S.

They work in the Philadephia-based international firm’s real estate…

Duane Morris Trims Office Staffers

Duane Morris has cut 26 of its 724 legal secretaries and file clerks, a move that is part of an overall trend of reducing the number of office staffers helping…

Home Depot Lays Off an Estimated 17 In-House Legal Staff

An unnamed source who reportedly was among those adversely affected says perhaps 17 in-house legal staff are included in Home Depot’s layoff of 500 corporate employees late last month.

The…

Law Firms See Litigation Downturn, Likely to Weed Out Underperformers

Updated: Fears of a recession and the subprime mortgage crisis have led to a downturn in corporate legal work and litigation at big law firms, according to a report due…

Laid-Off Cadwalader Lawyers Got Little Notice, But Months of Severance Pay

The 35 lawyers who learned Jan. 10 that they would be laid off from Cadwalader, Wickersham & Taft got little more than a week’s notice.

More Law Firms May Be Considering Layoffs

The Daily Brief blog of Portfolio.com wonders if more law firm layoffs are in the offing after the announcement yesterday that Cadwalader, Wickersham &…

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