A new survey of Australian law firm partners shows plummeting incomes and soaring stress levels. Mahlab Recruitment reports that partner salaries are down by over 5% in Sydney, and 4% in Melbourne. Last year, partners in both cities saw an 11% increase. The survey also says that firms have been quietly booting under-performing partners for the last [...]
Continue reading...Tuesday, June 23, 2009
Pinsent Masons, which is in the midst of a redundancy consultation, will outsource litigation work to a firm in South Africa. It is unclear if any US or UK jobs will be affected, or how many jobs will be created in South Africa. Birmingham, UK’s Pinsent Masons has started a litigation support service with outsourcing provider Exigent, [...]
Continue reading...Saturday, June 20, 2009
DLA Piper, which in April laid off eight associates in Dubai, is making another 22 positions redundant in its Middle East offices. Those affected are one partner, eight non-partner lawyers, and 13 staff. One third of the layoffs are in the Dubai office. The firm has offices in Cairo, Abu Dhabi, Doha, and Kuwait. DLA Piper is one [...]
Continue reading...Saturday, May 16, 2009
Guernsey’s Collas Day has made six staff redundant, three of them voluntarily. The firm is reorganizing, and recently launched a London footprint. Collas Day, headquartered in St. Peter Port, employs eight partners and 74 staff. The Bailiwick of Guernsey is a British Crown Dependency in the English Channel, off the coast of Normandy.
Continue reading...Saturday, May 16, 2009
Dublin, Ireland’s Matheson Ormsby Prentice is laying off 25 lawyers from the firm’s corporate & commercial, banking & financial services, and tax departments. The firm is also cutting salaries by 10%. Trainees are not being targeted. The firm made 20 people redundant in February, and blames the economic downturn. Matheson Ormsby Prentice is a leading Irish corporate law [...]
Continue reading...Saturday, May 16, 2009
Law firm Pannone has laid off 35 staff, and is asking employees to voluntarily work a four-day week. The layoffs affected administrative and support staff in the firm’s real estate and corporate practices. Founded in 1852, Manchester, UK’s Pannone LLP is a full service law firm with 380 solicitors, 92 partners and a total staff of 780, [...]
Continue reading...Friday, May 1, 2009
White & Case has laid off 31 staff in Moscow, as part of the global redundancy program announced in March. Of the 31 affected, 18 were legal staff. White & Case LLP is a leading global law firm with 38 offices in 25 countries. It was founded in New York in 1901. The American Lawyer ranked the [...]
Continue reading...Friday, May 1, 2009
Japanese industrial and financial conglomerate Nomura has cut up to 12 legal positions in London. The firm took over dissolved Lehman Brothers’ European and Middle East equities & investment banking operations, leading to redundancies. Lawyers at both Lehman and Nomura were targeted. The Tokyo bank expects more cuts. The Nomura Group saw its beginnings in Osaka in 1919. [...]
Continue reading...Thursday, April 30, 2009
The UK’s Allen & Overy announced in February a plan to lay off 450 jobs in a redundancy consultation. Well, today’s the day. Allen & Overy own Black Thursday sees 47 equity partners, 200 associates, and 200 support staff shown the door. Half the cuts will affect the London HQ. There as also been an undisclosed number [...]
Continue reading...Wednesday, April 22, 2009
Anglo-German law firm Taylor Wessing is asking for voluntary deferrals from its September 2009 and September 2010 incoming associate classes. The 750-attorney firm will pay a stipend of £7,500 ($10,872). Deferred trainees will not be required to accept public interest fellowships. The firm is offering its employees two extra weeks off each year, in exchange for a [...]
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Monday, August 17, 2009
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