Bloomberg reports that while law firms in the US and UK are shrinking, their offices in China expanding. Twenty-eight foreign firms have...
New York City’s White & Case reports it profits per equity partner fell by 5% in 2008 to $1.6 million. The decrease...
The American Lawyer reports that America’s oldest law firm, Manhattan’s Cadwalader, Wickersham & Taft, saw its average profits per equity partner fall...
Baker & McKenzie is firing six of its New York associates, as a result of the economic meltdown. The international firm’s New...
Frisco’s Orrick, Herrington & Sutcliffe LLC will freeze associate and consultant salaries in 2009. Associates were notified by the following e-mail, sent...