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Staff Layoffs at Brown McCarroll

joshua — Thu, 28 Jan 2010 00:50:38 +0000

Tipsters report that an unconfirmed number of staff have been shown the door at Texas powerhouse Brown McCarroll and that some partners may be on their way out as well. Information is still sketchy as of now, and we’ll update this post as more information becomes available. If you have any specific information for us, please share it here.

Seventy-year-old Brown McCarroll has historically focused on litigation as a core practice area. Its 2003 merger with business law firm Hilgers & Watkins added a corporate and transactional practice. The firm has offices in Austin, Dallas, Houston and El Paso.

Layoffs at Schulte Roth

joshua — Tue, 17 Nov 2009 19:19:43 +0000

Reports are trickling in, but it looks as though at least 13 associates at Schulte Roth have received pink slips today. We have reports that some of the layoffs at least came from the real estate practice group, but no hard numbers as of yet. We’ll update this as more tips come in. If you have any additional information to share, send us an anoymous tip here.

Schulte Roth & Zabel is one of the top 100 largest law firms by revenue. The firm was founded in New York City in 1969 and launched in London in 2002. The firm also has an office in Washington, DC. Schulte employs nearly 450 attorneys in its three offices.

All Associates Meeting at Sidley Austin

joshua — Wed, 11 Nov 2009 21:44:34 +0000

Sidley Austin had an all associates meeting in Washington DC today. Details, or rumors at least, are beginning to trickle out from the meeting, but nothing hard and fast as of yet. Some tipsters are reporting that Sidley hinted at bonuses larger than last year, and some reports say that the firm may be moving away from lockstep compensation. If you have any solid information for us, please send us an anonymous tip here.

New Round of Salary Cuts at Allen Matkins

joshua — Fri, 23 Oct 2009 18:23:54 +0000

Allen Matkins is having a rough year. Back at the end of March the firm let some attorneys go. First year associate salaries were cut, along with the salaries of some additional associates. Now it appears they are finishing the job with additional layoffs and more salary cuts.

Tipsters at Above the Law reported the new cuts, saying that associates who are low on hours will only be receiving 60% of their original salary with the other 40% to be paid at the end of the year if the hours are made up. How they’re going to make up the hours in this market is anyone’s guess.

If you have any further information about what’s happening at Allen Matkins, please fill us in here.

Update: According to our own tipsters, all associate and paralegal salaries have been slashed to 60%.

Foley & Lardner Layoffs Confirmed

joshua — Fri, 16 Oct 2009 00:00:57 +0000

Last Friday we reported on tips we had received indicating that Foley & Lardner was laying off as many as 39 lawyers. The firm has now confirmed that number, saying 39 lawyers across its 21 offices. The layoffs were blamed on the falling demand for legal services.

Foley & Lardner LLP is an international general practice law firm started in 1842 in Milwaukee, Wisconsin. It employs 1,000 attorneys, and is the 24th largest firm in the United States