Thelen has identified 240 former associates and staff who could assert claims alleging the firm violated the federal Worker Adjustment and Retraining Notification (WARN) Act by failing to pay adequate…
Today Am Law 100 firm Nixon Peabody announced the layoffs of 56 attorneys and staff. Prudent management of our business requires that we downsize our associate, legal support, and administrative…
Defunct law firm Thelen LLP is telling courts it couldn’t possibly pay its employees accrued vacation, or give 60 days’ notice of impending layoffs. In response to ex-employees seeking damages…
The WSJ Law Blog summarizes the findings in a report by The American Lawyer about the enormous rise in laterals over the last year. Overall, 2,509 partners moved laterally between…
Pittsburgh’s Reed Smith reports a 10% increase in gross revenue to $980 million in 2008, on the back of significant lateral expansion. But profits per equity partner were down to…
According to the Department of Labor’s Bureau of Labor Statistics, the legal services industry in the United States shed some 7,000 jobs between December 2007 and December 2008. The numbers include lawyers,…
I really don’t think we can post enough “former Thelen lawyers find jobs” stories. Drinker Biddle & Reath’s Washington, DC office has added six former Thelen lawyers to its labor…
Thacher Proffitt & Wood, the 160-year-old New York-based law firm, will close forever. The subprime crisis slashed demand for its structured-finance practice, and more than half of its attorneys have…
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