Good Morning everyone! I hope everyone had a terriffic weekend. Here’s a look back at Friday’s news (and a small weekend update) to get your week started. A judge has vacated the $1.2 billion default judgementagainst PepsiCo… Cleary Gottlieb announced its year end bonuses… Greenberg Traurig added five attorneysfrom Ballard Spahr… and Latham & Watkins promoted 23 [...]
Continue reading...Thursday, July 30, 2009
![Troutman Sanders Cuts Associate Payroll 10% [Update 2]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/01/troutman_160x120.jpg&h=75&w=75&zc=1&q=95)
Atlanta’s Troutman Sanders has announced to its associates a 10% cut in total associate payroll budgeted for August to December of this year. The salary cuts for each associate will be performance-based. There are no further details available at this time. If you know anything about the salary cuts at Troutman Sanders, please — send us a [...]
Continue reading...Saturday, July 25, 2009
![Tipster: More Layoffs on Horizon at Schwabe, Williamson & Wyatt [Update 3]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/06/schwabewilliamsonwyatt_160x.jpg&h=75&w=75&zc=1&q=95)
In June we reported that Portland, Oregon’s Schwabe, Williamson & Wyatt would cut associate salaries and lay off support staff. Now a JDJournal tipster informs us that more layoffs are coming in August, and the new round will likely include associates. The tipster says (edited for length and clarity): Hopefully, Schwabe will handle this round of layoffs better [...]
Continue reading...Wednesday, July 8, 2009
![Another Black Day: DLA Piper Lays Off 120 [Update]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2008/12/dlapiper_160x120.jpg&h=75&w=75&zc=1&q=95)
Blawgs are reporting this morning that DLA Piper is laying off 20 lawyers and 100 staff today. The layoffs are targeting the firm’s offices in Chicago and New York. So far this year, the firm cut 22 in the Middle East; cut 37 trainees; laid off 12 lawyers in Oceania; let go 24 lawyers and 100 support [...]
Continue reading...Tuesday, July 7, 2009
![University of Illinois Law “Jobs-for-Entry” Scheme Revealed [Update]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/06/universityillinoiscollegela.jpg&h=75&w=75&zc=1&q=95)
The Chicago Tribune has uncovered a “jobs-for-entry” scandal at the University of Illinois College of Law, in which the law school admitted politically-connected applicants, some unqualified, in exchange for guarantees of jobs for law graduates. In one example, recorded in emails obtained by the paper, University of Illinois Chancellor Richard Herman coerced the law school in [...]
Continue reading...Wednesday, June 24, 2009
![Dykema Cuts 17 Attorneys, 30 Staff [Correction]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2008/12/dykema_160x120.jpg&h=75&w=75&zc=1&q=95)
This week, big law firm layoffs are back. Dykema, which according to a JDJournal tipster has laid off at least 20 lawyers and 30 staff, has confirmed that 17 attorneys and 30 staff have been let go since November 2008. Severance packages were offered. The layoffs were blamed on the economy. Dykema Gossett PLLC is a law firm headquartered...
Continue reading...Friday, June 12, 2009
![Pillsbury Cuts Associate Pay [Update]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/01/pillsbury_160x120.jpg&h=75&w=75&zc=1&q=95)
Pillsbury, which offered associates $60,000 to leave the firm, is imposing associate salary reductions based on hours. Salaries are being cut between 10% 5% and 20%, depending on how many hours the associate has worked this year (January through May). Those who worked the highest number of hours may not see a salary cut. Pillsbury Winthrop Shaw Pittman [...]
Continue reading...Wednesday, June 3, 2009
![K&L Gates Opens Dubai Office [UPDATE]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/01/klgates_160x120.jpg&h=75&w=75&zc=1&q=95)
Pittsburgh’s K&L Gates, which in March opened a Singapore office, has launched a footprint in Dubai, UAE. It’s the firm’s first office in the Middle East, and its 33rd overall. K&L Gates LLP employs over 1900 attorneys worldwide, and is ranked as the 7th largest law firm in the world. It was formed in January 2007, by [...]
Continue reading...Wednesday, June 3, 2009
![Dorsey & Whitney Cuts 55 Staffers Firmwide [Update]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/01/dorsey_160x120.jpg&h=75&w=75&zc=1&q=95)
Minneapolis, Minnesota-based Dorsey & Whitney has laid off 55 staff members, or 7% of the firm’s support staff. Seven of the firm’s offices were targeted, but 38 of the layoffs were at the Minneapolis headquarters. The firm saw flat revenues, with a small decrease in profits per partner, in 2008. Dorsey & Whitney LLP is a large law [...]
Continue reading...Sunday, May 31, 2009
![Snell & Wilmer Lays Off Up to 40 Staffers [Update 2]](http://www.jdjournal.com/wp-content/themes/freshnews/thumb.php?src=http://www.jdjournal.com/wp-content/uploads/2009/01/snellwilmer_160x120.jpg&h=75&w=75&zc=1&q=95)
Snell & Wilmer has laid off between 30 and 40 staff members, most at its Phoenix, Arizona headquarters. A more precise number has not been provided. No lawyers were affected. Snell & Wilmer was founded in 1938 by Frank Snell Jr. and Mark Wilmer. The firm is the largest in the state of Arizona and the 99th [...]
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Monday, November 9, 2009
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