Pinsent Masons, which is in the midst of a redundancy consultation, has asked 25% of its incoming trainees to defer their start dates. If you have any additional information about deferrals at Pinsent Masons, or about their redundancy consultation, please — send us a confidential tip! Pinsent Masons LLP is a full-service commercial law firm. The firm [...]
Continue reading...Tuesday, May 19, 2009
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 — they will be deferred to 2011. There are no further details on 2011 deferrals, as those decisions, such as precise start dates and stipends, have [...]
Continue reading...Wednesday, April 22, 2009
Anglo-German law firm Taylor Wessing is asking for voluntary deferrals from its September 2009 and September 2010 incoming associate classes. The 750-attorney firm will pay a stipend of £7,500 ($10,872). Deferred trainees will not be required to accept public interest fellowships. The firm is offering its employees two extra weeks off each year, in exchange for a [...]
Continue reading...Wednesday, April 22, 2009
Mayer Brown announced at the beginning of April that it was deferring most incoming associates to January, 2010, with a deferral stipend of $5,000 per month. Now the firm has decided to allow associates to voluntarily extend their deferral to October 2010, with the $5,000 a month payment and health benefits. A public interest fellowship is [...]
Continue reading...Monday, April 20, 2009
Tipsters are informing blawgers that Baker & McKenzie has cut salaries between 10% and 25% for some associates. We reported two weeks ago that the firm laid off 124 people. They also deferred start dates for trainees. If you have any details about salary cuts (or anything else) at Baker & McKenzie, please send us a confidential [...]
Continue reading...Tuesday, April 14, 2009
Greenberg Traurig is cutting the salaries of its summer and first year associates by 10%. First year associate start dates may be delayed. Associates will start between September and January, depending on the city and practice area. There is no deferral stipend. The salary cuts affect all Greenberg offices. Greenberg Traurig employs more than 1,800 attorneys and governmental [...]
Continue reading...Monday, April 6, 2009
![Rumor: Winstead Revoking Offers to New Associates? [Update]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/03/winstead_160x120.jpg&h=75&w=75&zc=1&q=95)
Last month Winstead, a Texas law firm with seven offices, canceled its 2009 summer associate program. The firm is offering $5,000 each to the 2Ls who are left without summer employment. Now online sources are claiming the firm has revoked offers to incoming associates, without any kind of severance. The firm denies the revocation rumor, stating that [...]
Continue reading...Thursday, March 26, 2009
Weil, Gotshal & Manges has announced it is deferring its incoming associates’ start dates to January 2010, and is asking new hires to voluntarily wait until 2011. Weil is also cutting its summer program from 12 weeks to 10 weeks. Associates deferred to 2010 will be cut a $15,000 check. Those who accept a deferment to [...]
Continue reading...Tuesday, March 24, 2009
Dewey & LeBoeuf has shut offices and cut pay. Now the firm has deferred start dates for its 2009 incoming class to January, 2010. The firm is offering deferred associates a Community Service Fellowship program, worth $80,000 a year. Dewey & LeBoeuf is a white shoe law firm formed in 2007 by the merger of Dewey Ballantine [...]
Continue reading...Tuesday, March 24, 2009
Chicago’s Goldberg Kohn has cut about one-quarter of its associates, and will slash pay and scale back its summer associate program. The firm dismissed nine associates and 14 support staff, and reduced salaries for all remaining lawyers and staff, with the exception of associates. The firm now has 29 associates and 48 partners. Goldberg Kohn is also [...]
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Sunday, June 21, 2009
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