Allen Matkins is having a rough year. Back at the end of March the firm let some attorneys go. First year associate salaries were cut, along with the salaries of some additional associates. Now it appears they are finishing the job with additional layoffs and more salary cuts. Tipsters at Above the Law [...]
Continue reading...Thursday, October 22, 2009
WilmerHale laid off 57 staff members across 4 offices today, with the biggest cuts coming in Washington DC and Boston. The company says the decision was made to be able to “respond to a changed business landscape and provide the highest quality legal services in a more cost-effective manner”. So far this year, [...]
Continue reading...Tuesday, October 13, 2009
The legal blog Above the Law is reporting that associates at WilmerHale have been warned not to talk to them. Tipsters have reported that a memo was sent out that left associates with the impression that their jobs would be at stake if they leaked any information to the blog. No copy of [...]
Continue reading...Sunday, March 1, 2009
ATL is convinced that Orrick, Herrington & Sutcliffe will hold major layoffs next week. At this point we’re hearing that at least 160 attorneys will be laid off sometime between the meeting on Monday and the meeting on Wednesday. And many people believe that number is low. Some reports suggest that there could be as many [...]
Continue reading...Thursday, February 26, 2009
Tipsters are telling Above the Law that Dewey & LeBoeuf is making performance-related layoffs this week. As we understand it, legacy LeBoeuf (f/k/a: LeBoeuf Lamb) used to have only annual performance reviews. Legacy Dewey (f/k/a: Dewey Ballantine) had performance reviews twice a year. When the firms merged, the new management committee decided to go with the [...]
Continue reading...Wednesday, February 25, 2009
Above the Law reports that Phillie’s Dechert, which recently announced that its profits and revenues are down, is laying off staff attorneys today. Our sources tell us that Dechert will lay off 10 staff attorneys today. The number accounts for about 1/4th of the firm’s total staff attorney force. Dechert laid off 19 attorneys two weeks ago [...]
Continue reading...Wednesday, February 25, 2009
A tipster tells Above the Law that, four days after laying off staff positions, Buchanan Ingersoll is freezing associate salaries. Buchanan Ingersoll announced a salary freeze for 2009 for all associates except “unusual” cases, e.g., laterals who were brought in at what is now perceived to be slightly undermarket salaries last year may get bumped a [...]
Continue reading...Wednesday, February 25, 2009
Tipsters are telling blawg Above the Law that major layoffs are going down at Latham & Watkins this week. We’re hearing that 70 – 150 people will be laid off from Latham. We believe that it is all going to go down this Friday. The layoffs will primarily affect the offices in New York, Chicago, D.C., Los [...]
Continue reading...Tuesday, February 24, 2009
First LA’s Paul Hastings announced the layoff of 10 Atlanta associates. Now tipsters tell Above the Law that the firm is holding stealth layoffs today at its Los Angeles HQ. I just wanted to let you know that stealth layoffs are ongoing at Paul Hastings. Rumor has it that the grim reaper is making rounds to many [...]
Continue reading...Monday, February 23, 2009
Tipsters tell Above the Law that at least five lawyers were laid off from Kaye Scholer on Friday, including some first- and second-year associates. The firm conducted layoffs in the Corporate and Finance department on Friday. The number of affected attorneys is not known, but is believed to be at least five… Kaye Scholer has been utilizing [...]
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Friday, October 23, 2009
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