In a firm wide memo sent out today, Dickstein Shapiroannounced that three percent of its associates and ten percent of its staff would be laid off. Affected personnel will be notified later today. The firm did not hide behind performance reviews or make excuses for the layoffs; the memo made it very clear that this is a purely economic decision and that they regret having to let go of talented hard working attorneys and staff. Mention was also made of a comprehensive compensation package that will include salary and medical coverage continuation, but was short on specifics.
Dickstein Shapiro LLP, founded in 1953, is a multi-service law firm with more than 400 attorneys in Washington, DC, New York, and Los Angeles.
Posted by joshua
on November 4, 2009. Filed under Home,Law Firm News,Layoffs.
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Departures from a law firm are complicated for any attorney, but for a partner the details can be quite intricate. Please note: First and foremost, the interests of your clients should be absolutely paramount. Consultation with existing ABA and state bar guidelines on firm transition is suggested. Below you will find a list of important considerations for partners when changing firms. You will also find suggested practices for maintaining relationships, as well as obligations from a legal and moral perspective. Before You Begin to Meet with New Firms It’s important to review any existing employment agreement with your former firm to make sure you are in compliance with all provisions (pay particular attention to provisions regarding notice). Practice discretion with your existing firm until you [...]
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