Newsletter Subscription


Enter your email address and start getting breaking law firm and legal news right now!



Every Alert   Alert once a day

 

Home » Posts tagged with » global economic meltdown

Schnader Slashes Associate Pay; Partners Agree to Pay Cut

Schnader Slashes Associate Pay; Partners Agree to Pay Cut

Schnader, which held layoffs in April, has cut associate salaries by $10,000; and partners have agreed to a 5% reduction in compensation. Staff who make more than $60,000 a year…

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…

ABA Offers Free Suicide Prevention Info

With two recent attorney suicides, and one from December just now announced, all probably spurred to the economic downturn, the American Bar Association is making available free information about legal…

Update: Another Laid Off Lawyer Takes Her Own Life

Update: Another Laid Off Lawyer Takes Her Own Life

On April 30th we reported that Mark Levy, a partner at Kilpatrick Stockton, committed suicide at the firm’s DC office. Levy had been asked to leave the firm a day…

Blake Dawson Layoffs Tomorrow

Blake Dawson Layoffs Tomorrow

Blake Dawson will announce redundancies tomorrow, Friday the 13th, with “less than 100″ people affected. The firm says the cuts are all related to the global economic meltdown. This will…

Judges Begrudgingly Accept Pay Freezes

The National Law Journal writes that judges, who have been pushing for years for pay raises, are now backing off, and begrudgingly accepting pay freezes in the shadow of the…