London’s CMS Cameron McKenna has announced a redundancy consultation at its headquarters, targeting 80 jobs. Twenty fee earners and 60 non-fee earners may be laid off. Other personnel are being offered the choice of either a four-day week at reduced pay, or a sabbatical of up to 12 weeks at reduced pay. They can also extend their [...]
Continue reading...Monday, February 23, 2009
Washington, DC-based Patton Boggs is adopting a new compensation plan for partners, retooling a long-held “eat-what-you-kill” system to reward partner cooperation and business development. Under the new structure, which will begin next year, partners will have a percentage of their pay set by an 11-member compensation committee. The committee will examine how well partners refer business [...]
Continue reading...Monday, February 2, 2009
Olswang has begun a redundancy consultation targeted at 8% of the firm’s 618-strong UK workforce. The firm announced today that up to 42 staff in the UK will be affected by the cuts, with salaried partners, fee earners and support staff all included in the consultation. The firm declined to comment on how many fee earner positions [...]
Continue reading...Monday, January 12, 2009
The Project for Attorney Retention (PAR), an initiative of the Center for WorkLife Law at University of California Hastings College of the Law in San Francisco, is suggesting to struggling law firms that they cut associate hours rather than laying off lawyers completely. “I think if firms aren’t thinking about such a program, they really should,” consultant Charles Santangelo told [...]
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Saturday, May 9, 2009
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