The number of job losses in the legal services industry continued to decline in February, according to the latest report from the U.S. Bureau of Labor Statistics released Friday. The legal services sector shed 100 jobs last month, a decrease from the 1,100 jobs that were lost in January. During the past 12 months 37,100 [...]
Continue reading...Monday, February 8, 2010
Good morning everyone! Today is Monday, February 8, and it’s time to look back at Friday’s news… Clyde & Co opened its third US office in New Jersey… January was another bad month for the legal sector, with another 1,100 jobs lost… Bernstein Liebhard abandoned its endeavor for Florida state pension work after admitting to inaccuracies in its [...]
Continue reading...Tuesday, January 12, 2010
Good morning everyone! Today is Tuesday, January 12, and here’s a look back at yesterday’s stories. Thomas Russo has been offered the GC job at AIG… A court in New York has rejected the SEC’s attempt to broaden its case against B of A… Another 2100 legal jobs were lost in December, according to the BLS… The Supreme [...]
Continue reading...Monday, January 11, 2010
According to the latest report from the Bureau of Labor Statistics, the legal sector dropped another 2100 jobs in December, while the job market as a whole lost 85,000 jobs. In November, the National Law Journal reported that so far 5,259 attorney positions had been cut by the top 250 law firms, with Latham & Watkins [...]
Continue reading...Monday, November 9, 2009
According to a report issued by the National Law Journal, the top 250 law firms cut 5,259 attorney positions this year in the worst year since the NLJ began compiling the statistics. The firm shedding the most jobs was Latham & Watkins which has 444 fewer lawyers than last year. The number of [...]
Continue reading...Tuesday, October 6, 2009
Good morning everyone! Here’s a quick recap of yesterday’s news… Crowell & Moring is asking staff to voluntarily resign… Kelley Drye picks up two big names from Bryan Cave… DLA Piper confirms they will pay associate bonuses this year… The legal sector lost about 2,000 jobs in September… and the Supreme Court has begun its new term…
Continue reading...Tuesday, September 29, 2009
Deferrals, layoffs, low offer rates for summer associates… what’s next? Apparently things have gotten so bad that even the federal government doesn’t want any more lawyers. The FTC announced today that it was closing its application process for current positions early – they already have more applicants than they can handle.
Continue reading...Wednesday, April 15, 2009
Good morning! The top stories: Jenner & Block has opened its first California office in Los Angeles… Cayman Islands law firm Conyers Dill & Pearman will open an office in Brazil… McKenna Long & Aldridge is cutting starting salaries for entering first-year associates by $20,000… Seattle’s Perkins Coie has cut 12 attorneys and 26 staff… Greenberg Traurig is cutting the [...]
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Friday, March 5, 2010
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