Two more firms have announced bonus schedules. Fried Frank’s bonuses for New York associates look and feel a lot like the Sullivan & Cromwell bonuses, which were of course a…
In a year that has been notable for salary cuts, layoffs, associate deferrals and smaller bonuses, it should come as no surprise that promotions to partner are also down across…
This week in law firm layoffs: DLA Piper: 8 lawyers Alston & Bird: 14 lawyers, 38 staff Lovells: 18 lawyers, 61 staff Honigman: 15 lawyers, 30 staff Hogan & Hartson:…
Fried Frank laid off 99 employees, lawyers and staff, today. Effective today, we are implementing changes that will result in an overall reduction of 41 associates and 58 administrative staff…
New York’s Fried Frank saw gross revenue fall more than 9% in 2008 to $488 million. Profits per equity partner fell double digits, 23% to $1.23 million. Revenue per lawyer…
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