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Home » Posts tagged with » economic downturn (Page 2)

Squire Sanders Moving from Lockstep

Squire Sanders Moving from Lockstep

Squire Sanders has joined the march away from lockstep compensation, and will implement a merit based pay system starting next year. Details are still being worked out. The firm says…

Morrison & Foerster Lower Incoming Associate Salaries in California

Morrison & Foerster Lower Incoming Associate Salaries in California

Morrison & Foerster is lowering the starting pay of its associates to $145,000 in California, while associates in New York and Asia will continue to receive the same pay. The…

Voluntary Staff Layoffs at Crowell & Moring

Voluntary Staff Layoffs at Crowell & Moring

Crowell & Moringhas asked staff to voluntarily leave in order to bring them down to a four to one attorney/staff ratio. Anyone that voluntarily leaves by October 23rd will receive…

2,000 Jobs Lost in September for the Legal Sector

2,000 Jobs Lost in September for the Legal Sector

Unless you live in a cave, by now you’ve probably heard that the latest numbers from the US Bureau of Labor Statistics show that we lost another 263,000 jobs in…

Wildman Harrold Rescinds Offers

Wildman Harrold Rescinds Offers

Wildman rescinded the offers it had made to 10 of its 14 incoming associates yesterday. Unlike other firms that we’ve reported on, Wildman Harrold is not offering a stipend to…

FTC Closes its Doors to New Applicants

FTC Closes its Doors to New Applicants

Deferrals, layoffs, low offer rates for summer associates… what’s next? Apparently things have gotten so bad that even the federal government doesn’t want any more lawyers. The FTC announced today…

Pepper Hamilton Makes Offers to 50% of Summer Associates

Pepper Hamilton Makes Offers to 50% of Summer Associates

Last year, Pepper Hamilton made offers to 79% of its summer associates, firm wide. This year, the firm reports that 7 out of 14 of its summers, all in the…

Fish & Richardson Lays Off 120

Fish & Richardson Lays Off 120

Global intellectual property firm Fish & Richardson, which in January laid off 30 staff members across its eight US offices, has announced further layoffs affecting 35 lawyers and 85 support…

Michigan Lawyers Found New Firm

Michigan attorneys Joseph Ahern and Jeffrey Fleury have formed a new law firm, Ahern Fleury, which will specialize in helping companies survive the economic downturn by maintaining credit and banking…

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