Quinn Emanuel Urquhart Oliver & Hedges reported a 6% decline in profits per partner for 2009 with the firm’s 388 partners averaging $3.1 million in profits. In 2008 Quinn Emanuel…
According to Citi Private Bank’s Managing Partner Confidence Index, 71% of survey respondents expect demand for legal services to be flat or down over the next year. Only 66% believed…
Blawgs are reporting that between 25 and 50 attorneys will be let go from Blank Rome this week, most likely on Thursday. In January, the firm laid off an undisclosed…
White & Case announced today it will lay off 200 associates and 200 staffers. From the official announcement: Following a thorough, strategic review of its business, White & Case LLP…
Am Law 100 firm Kirkland & Ellis saw an increase in revenue and flat profits per partner in the 2008 fiscal year. Revenue rose 7% to $1.4 billion, and profit…
The Am Law 100′s Stroock & Stroock & Lavan, a firm with about 75% of its 750 lawyers in New York, saw profits per partner drop by 8.6%, to $1,185,000…
Sheppard Mullin, which instituted salary freezes in January, now admits it has been shedding attorneys since the beginning of 2009. At yesterday’s meeting of the Sheppard Mullin Associates’ Forum, firm…
Philadelphia’s Dechert has become the latest Am Law 100 firm to announce a decline in revenues and profits for 2008. Profits per equity partner fell by 9% to $2.14 million.…
Profits for Los Angeles-based Latham & Watkins fell 21% in 2008, one of the biggest falls so far reported by an Am Law 100 firm. Profits per equity partner fell…
Gross revenue at Charlotte, North Carolina Am Law 100 firm Moore & Van Allen edged up 1.5% to $164.5 million. But the addition of 25 new lawyers, including five equity…
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