Pillsbury’s first year associates outside of New York are receiving a salary cut, down to $145k. Any first year that bills in excess of 1950 hours will receive an additional $15k bonus. First years in the New York office will continue to receive $160k. Salaries for 2010 have not yet been set and for [...]
Continue reading...Thursday, August 13, 2009
Pillsbury has canceled its 2010 Summer associates programs for its West Coast offices. The firm currently intends to keep its Summer programs for New York, Houston and Washington DC. Pillsbury hosted 50 Summer associates in 2009. The 2010 class may be as few as 15. Pillsbury Winthrop Shaw Pittman is an international law firm with offices located throughout [...]
Continue reading...Tuesday, May 19, 2009
Pillsbury, which has delayed start dates for its incoming first year associates to January 2010, is now offering $60,000 to associates willing to forget about working at the firm. Other firms have been offering $75,000 for the same deal. The firm has also announced a public interest fellowship program. Rather than paying associates to do work with [...]
Continue reading...Tuesday, February 24, 2009
As we reported last week (and in case you didn’t overhear it yourself on the train), Pillsbury Winthrop Shaw Pittman is laying off an undisclosed number of attorneys. The firm has now announced a “voluntary departure” plan for any of the firm’s lawyers who don’t like hearing about their impending joblessness from the blogosphere instead of [...]
Continue reading...Thursday, February 19, 2009
Pillsbury Winthrop Shaw Pittman has confirmed online rumors that the firm will be laying off an undisclosed number of attorneys in the near future. Legal blawg Above the Law quoted a tipster who overheard a cell phone conversation on a train. On the call between Bob Robbins, head of the Corporate and Securities practice, and COO [...]
Continue reading...Friday, January 16, 2009
Aggressive cost-cutting delivered level profits for NYC’s Pillsbury Winthrop Shaw Pittman in 2008, despite a slight drop in revenue. Revenue dipped 2% to $576 million. While other firms with relatively flat revenue reported double-digit profit drops, Pillsbury’s profits per partner declined a mere 1% to $975,000. Revenue per lawyer was also flat at $805,000. The number [...]
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Thursday, January 7, 2010
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