Philadelphia’s Morgan Lewis has laid off 55 attorneys and 161 staffers. Our decision today will affect 55 lawyers and 161 of our legal and administrative staff across the firm’s U.S.…
Charlotte, North Carolina’s Parker Poe Adams & Bernstein, a 225-attorney firm, has axed 13 attorneys and 15 staffers. Managing partner William P. Farthing Jr. said the reductions were in various…
Philadelphia’s Morgan Lewis & Bockius will adopt a merit-based bonus system for associates in 2009. The firm is doing away with its requirement that associates log 2,000 billable hours in…
Los Angeles-based Latham & Watkins is freezing 2009 salaries at 2008 levels. While we anticipate that the diversity of our practices and global reach will serve us well in the year…
“Multiple tipsters” tell Above the Law that O’Melveny & Myers associates in California and DC received voicemails today, confirming that first year associate bonuses would be $27,500. The bonus scale…
Most of the chatter about year-end associate bonuses has focused on biglaw. Who cut payment by how much and why? While the answers have remained fairly consistent (thanks to slicing…
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