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Home » 2009 » May (Page 6)

Reed Smith Cuts Associate Salaries by 10%

Reed Smith is decimating associate salaries, cutting pay 10% across the organization. From the memo: …Reed Smith has adopted many changes to our business in response to global economic conditions……

Survey: Skadden is Nation’s Top Firm Again

Survey: Skadden is Nation’s Top Firm Again

Skadden has been ranked the top corporate law firm in the US for the ninth year in a row, according to Corporate Board Member magazine. The rankings are based on…

Lamb McErlane Hires 3 from McCracken

Lamb McErlane Hires 3 from McCracken

Lamb McErlane has hired a three member group away from McCracken Walker & Rhoads. David MacMain was chair of McCracken’s government liability & civil rights defense group, and was vice…

Blake Lapthorn Redundancy Targets 33

Blake Lapthorn Redundancy Targets 33

Blake Lapthorn has launched its third redundancy consultation in the past nine months, targeting 33 positions in business services and secretarial at the firm’s UK offices. Lawyers may also be…

Morning News Roundup for Wednesday

Morning News Roundup for Wednesday

Good morning. Here are the top stories: Skadden has warned its summer associates that, if they get an offer to join the firm, they won’t be starting until 2011… Despite…

Pillsbury Offers Incoming Associates $60K to Drop Dead [Update]

Pillsbury Offers Incoming Associates $60K to Drop Dead [Update]

Pillsbury, which has delayed start dates for its incoming first year associates to January 2010, is now offering $60,000 to associates willing to forget about working at the firm. Other…

UBS Loses Two Top In-House Counsel

UBS Loses Two Top In-House Counsel

Two top lawyers at Switzerland’s UBS have left the firm. Ash Gulati, executive director of UBS’s UK-based prime brokerage & equity derivatives legal team, will join the London office of…

Charles Russell Launches Redundancy Consultation

Charles Russell Launches Redundancy Consultation

London’s Charles Russell has targeted an undisclosed number of employees for redundancy, despite higher-than-expected billings. Laid off staff will be expected to work during their notice period, and will get…

DWF Freezes Pay, Cancels Bonuses

DWF Freezes Pay, Cancels Bonuses

Despite seeing its best financial results ever, UK law firm DWF has frozen pay and canceled bonuses. The firm was skewered online in December, when it announced it would spend…

Skadden Warns Summers: You Will Be Deferred to 2011

Skadden Warns Summers: You Will Be Deferred to 2011

The 2009 Summer Associate Program at Skadden has begun. And the 3Ls have been warned that, if they get an offer to join Skadden, they won’t be starting in 2010…