As predicted, Orrick Herrington & Sutcliffe is laying off a total of 300 employees. Orrick has begun a firmwide reduction in its workforce in the United States and Asia and…
White & Case, one of six international firms granted a license to practice Singapore law, has canceled plans to merge with local alliance partner Venture Law. The firm declined to…
ATL is convinced that Orrick, Herrington & Sutcliffe will hold major layoffs next week. At this point we’re hearing that at least 160 attorneys will be laid off sometime between…
Bloomberg reports that while law firms in the US and UK are shrinking, their offices in China expanding. Twenty-eight foreign firms have opened offices in mainland China since September 2006,…
New York City’s White & Case reports it profits per equity partner fell by 5% in 2008 to $1.6 million. The decrease came despite a 7% rise in revenues to…
The American Lawyer reports that America’s oldest law firm, Manhattan’s Cadwalader, Wickersham & Taft, saw its average profits per equity partner fall more than 30% in 2008. Cadwalader’s equity partners…
Baker & McKenzie is firing six of its New York associates, as a result of the economic meltdown. The international firm’s New York office houses around 140 lawyers, including 60…
Frisco’s Orrick, Herrington & Sutcliffe LLC will freeze associate and consultant salaries in 2009. Associates were notified by the following e-mail, sent to Legal Times by Orrick’s Adi Weisman: …associates…
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