1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
Provision of Texas’ Abortion Law Struck Down by Judge
Provision of Texas’ Abortion Law Struck Down by Judge
Trial Over Voter ID Law in Texas Begins This Week
Trial Over Voter ID Law in Texas Begins This Week
Defense Attorney for Accused 9/11 Terror Attack Leader Resigns
Defense Attorney for Accused 9/11 Terror Attack Leader Resigns
Bar Leaders from Around the World Coming to Philadelphia for Conference
Bar Leaders from Around the World Coming to Philadelphia for Conferenc...
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
LAW FIRM BOOKKEEPER
USA-FL-Coral Gables

Well established South Miami law firm seeks full charge bookkeeper with Perfectlaw experience. Must have full knowledge of bookkeeping through financial statements. Extensive reporting required and ad...