Boston’s Mintz Levin, which cut associate salaries this month, is deferring start dates for members of its incoming 2009 associates class, again. Half the 2009 class will start in April 2010 — but the other half has been informed, personally by phone, they will not start until January 2011. The latter group will get an additional [...]
Continue reading...Friday, July 17, 2009
Weil, Gotshal & Manges announced in March that it was deferring its incoming associates’ start dates to January 2010, and is asking new hires to voluntarily wait until 2011. Today the firm told its current summer associates that, if offered a job, they can voluntarily defer their start date from January 2011 to January 2012. Those deferred [...]
Continue reading...Friday, July 3, 2009
A survey by the Dublin Solicitors Bar Association reports that 40% of new and low-level solicitors in the city have taken pay cuts averaging 15%; and 40% of incoming new solicitors have been laid off or lost their job offer. Furthermore, 40% (there’s that number again) are working without a contract; and 30% are considering changing [...]
Continue reading...Thursday, July 2, 2009
Blank Rome is cutting starting salaries for incoming associates. The rundown is as follows: New York City: $145,000, down from $160,000 Philadelphia & Princeton: $130,000, from $145,000 Wilmington & Washington DC: $135,000, from $150,000 Associates already with the firm will see their pay cut between 2% and 10%. The new salaries go into effect in two weeks. Blank Rome LLP is the [...]
Continue reading...Wednesday, July 1, 2009
For months now, Biglaw firms have been offering voluntary, or imposing involuntary, deferral schemes on incoming associates. Now a law school had jumped on the bandwagon. The University of Miami School of Law is asking incoming 1L students invited to start in the Fall to defer their entry into the law school until Fall 2010. Students who [...]
Continue reading...Monday, June 29, 2009
Like Dentons before it, Taylor Wessing will only hire half of their trainees. Thirteen of its 24 2009 trainees will be kept on in September. The firm is offering training and networking opportunities to those not hired. Taylor Wessing LLP is an international law firm established in 2002, following the merger of UK law firm Taylor Joynson Garrett [...]
Continue reading...Thursday, June 25, 2009
DLA Piper is making major changes to its associate program, including further deferrals of associates who were deferred back in April. Eighty-five new lawyers were deferred to January, 2010. Now half of those will be further deferred to Fall 2010, and take public interest jobs in the interim. This year’s incoming class is 15% smaller than last [...]
Continue reading...Monday, June 22, 2009
Howrey, which laid off 25 staff in April, is adopting an “apprenticeship” program for its incoming associates, similar to that proposed by Drinker Biddle in May. Under Howrey’s Tier 1 Program, new associates will spend only one-third of their time in their first year on billable client work. The rest will be spent on pro bono [...]
Continue reading...Wednesday, June 10, 2009
In April, New York’s Shearman & Sterling deferred its 2009 associate class. Incoming associates were offered a stipend to defer to 2010. Now the firm has finally announced internally the start dates for those who did not accept the Delayed Start Program. According to online sources, the start dates are January 25th, February 1st, and February [...]
Continue reading...Thursday, June 4, 2009
The UK offices of DLA Piper have cut incoming trainees from their intakes of newly-qualified lawyers. The firm will only be keeping four of its 12 trainees in Birmingham; 14 out of 34 in London; and just two out of 11 in Scotland. DLA Piper is one of the largest law firms in the world, and is [...]
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Tuesday, August 25, 2009
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