McDermott Will & Emery, which recently laid off 25 associates and 47 staff and cut pay, is now cutting health benefits for associates and staff. According to an internal memo leaked to the blawgosphere, the firm believes its employee health benefits plans are “above market,” and should be brought more “in line with the market.” Specifically, according [...]
Continue reading...Wednesday, May 6, 2009
Morrison & Foerster has informed 40% of its incoming associate class that their start date has been pushed to April 2010. The remainder will start in November 2009. Those deferred will get $5,000 per month plus a bar stipend, and reimbursement of health care premia. Also, new associates can opt to join at an even later date [...]
Continue reading...Tuesday, May 5, 2009
Dewey & LeBoeuf, which in March deferred start dates for its 2009 incoming class to January 2010, has now announced a new year-long deferral program called “DL Pursuits.” Associates who sign on for the plan will get one-third of their salary, full medical, $1,000 in student loan repayment, and bar fees. First year associates can take the [...]
Continue reading...Tuesday, April 28, 2009
Georgetown University Law Center is offering its deferred 2009 JD grads, and those without offers, the chance of a public interest fellowship. The school is also offering on-campus jobs and health care benefits. The law school will offer stipends to fund a number of short term, unpaid internships with government agencies or public interest organizations for [...]
Continue reading...Tuesday, April 21, 2009
Friday we reported the rumor that Kirkland & Ellis laid off an undisclosed number of support staff today. This morning a tipster informs us that Kirkland laid off 13 staff members in Los Angeles and 30 in Chicago; its unclear how many were let go in New York and DC. The tipster says those laid off [...]
Continue reading...Monday, April 13, 2009
According to online sources, Winston & Strawn has pushed back 2009 incoming associate start dates to January 19th, 2010. Deferred associates will receive an additional $15,000, in addition to their $10,000 bar stipend. The firm will provide health care benefits to its incoming associates, starting this September. Winston & Strawn LLP was founded in Chicago in 1853. [...]
Continue reading...Tuesday, March 10, 2009
Baltimore’s Venable has announced layoffs. From the official email announcement: We understand that communicating this action by email is not ideal. However, it is important that you know of the Firm’s action as soon as possible. Approximately 3% of our attorneys (16), 8% of our full time staff (43), and 7% of our paralegals (5) will be directly [...]
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Tuesday, June 9, 2009
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