The number of job losses in the legal services industry continued to decline in February, according to the latest report from the U.S. Bureau of Labor Statistics released Friday. The legal services sector shed 100 jobs last month, a decrease from the 1,100 jobs that were lost in January. During the past 12 months 37,100 [...]
Continue reading...Friday, January 29, 2010
Goodwin Procter’s gross revenues fell 4% in 2009 to $658 million and per partner profits dropped 3% to $1.27 million. Although discouraging, in a year marked by layoffs, deferrals and salary cuts it could have been much worse. The good news is that the firm is not taking it out on its associates, [...]
Continue reading...Friday, January 15, 2010
Unemployment is hovering at just over 10%, some states have seen home foreclosure rates as high as 25%, the economy continues to shed jobs, law firms are slashing salaries, retail sales continue to drop, but someone forgot to mention all of this to Pittsburgh based K&L Gates. K&L Gates is one of the first major firms [...]
Continue reading...Friday, November 6, 2009
Latham & Watkins & Watkins promoted 23 of its associates to partner this week. With twelve promotions coming in corporate law and five more in finance, this could be viewed as a sign of optimism about the economic recovery. In addition, 13 associates were promoted to of counsel. & Watkins Although this years class [...]
Continue reading...Thursday, October 22, 2009
Sullivan & Cromwell announced its latest class of partners and four of the five promotions are women. The firm highlighted family friendly policies like flex time and maternity leave, which are aimed at recruiting and retaining more female lawyers. Three of the five promotions came in the area of corporate law which could [...]
Continue reading...Friday, October 2, 2009
According to a new report from Altman Weil 13 US law firms announced mergers in the third quarter. Although still sluggish compared to the 25 announced mergers in the first quarter, it’s a nice bump from the second quarter when only seven merger announcements were made. Altman Weil is a legal management consultation company with [...]
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Friday, March 5, 2010
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