Promote Your Attorney Profile on Law.net - Get Found / Earn More!
The Ins and Outs of Bankruptcy Law
The Ins and Outs of Bankruptcy Law
Class Action Lawsuits Against Chicago-Area Law Schools Dismissed
Class Action Lawsuits Against Chicago-Area Law Schools Dismissed
Victims Being Blamed by Wal-Mart in Tracy Morgan Limo Crash
Victims Being Blamed by Wal-Mart in Tracy Morgan Limo Crash
University at Buffalo Law School Dean Steps Down Amidst Allegations of Perjury
University at Buffalo Law School Dean Steps Down Amidst Allegations of...
Legal Job Listings

White & Case Profits Fell in 2008, Despite Layoffs

New York City’s White & Case reports it profits per equity partner fell by 5% in 2008 to $1.6 million. The decrease came despite a 7% rise in revenues to $1.467 billion.

The firm laid off 70 associates last November.

Revenue per lawyer fell from $720,000 to $705,000, and continues to lag behind many Am Law 100 competitors such as Latham & Watkins, Mayer Brown, and Orrick, Herrington & Sutcliffe.

In December the firm announced a reorganization of its management structure, following a four month review of its operations by management consultants McKinsey & Co. The changes mean that the firm is now run more closely along regional lines, rather than by office, and has placed renewed focus on 16 global practice groups.

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


There are no plans for additional layoffs.

Founded in 1901, White & Case LLP is a leading global law firm with 2,300 lawyers in 38 offices in 25 countries, and a total staff of more than 4,800.

White & Case Profits Fell in 2008, Despite Layoffs by

Tagged: , , , , , , , , , ,

Posted by on February 10, 2009. Filed under Home,Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 

Job of the Day
REAL ESTATE ATTORNEY with minimum 5 years experience
USA-MO-Saint Louis

REAL ESTATE ATTORNEY Well established real estate investment company, located in St. Louis, Missouri, seeks in-house attorney with minimum 5 years experience in purchase/sale agreements, negotiatio...