Updated: Although it’s not yet confirmed, observers expect that a significant number of the 100 or so lawyers in the compliance department of Bear Stearns Cos. will be laid off…
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 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…
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…
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.
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.
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