JD Journal » voluntary separation package

Update: Troutman Sanders to Hold Layoffs

Erik Even — Sat, 21 Mar 2009 02:10:27 +0000

Troutman Sanders announced today that the firm will lay off associates and offer staff a voluntary buyout, which is likely to be followed by a layoff.

The 778-lawyer firm also pushed back the start date for its 2009 first-year associates to January, 2010 and cut two weeks from its summer associate program.

Robert W. Webb Jr., the firm’s chairman, announced the plans to associates and staff in firmwide meetings.

The firm, which is headquartered in Atlanta, Georgia, has offices in Chicago, Hong Kong, London, New York, Newark, Norfolk, Orange County, Raleigh, Richmond, San Diego, Shanghai, Tyson’s Corner, Virginia Beach and Washington, DC.

Update: Pillsbury Winthrop Offers “Voluntary Departure”

Erik Even — Tue, 24 Feb 2009 17:16:00 +0000

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 management.

As you were advised last week, Pillsbury is planning to implement a reduction in workforce that will affect attorneys and staff. Although we have taken many prior steps to respond to the current challenging business climate, we have reluctantly concluded that a reduction in the attorney workforce is necessary to align ourselves with the volume of work we expect in 2009. As part of this reduction process, the Firm is offering a voluntary departure plan to associates, senior associates and counsel.

The voluntary departure program will provide attorneys who elect to leave and are selected a severance package that consists, among other things, of three months of base pay. Attorneys interested in considering the program will have until Friday, February 27, to state their desire to be included. Promptly thereafter, the local and firm-wide practice section leaders will consider whether attorneys in their sections who have expressed interest in the voluntary departure program can be accommodated.

Pillsbury Winthrop Shaw Pittman LLP is an international law firm with offices located throughout the US and globally, including key financial centers New York, London, Tokyo and Shanghai.

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Faegre & Benson Lays Off 58 Staffers

Erik Even — Fri, 20 Feb 2009 22:38:55 +0000

Faegre & Benson has announced the layoffs of 58 staffers.

With regret, we will reduce by 58 the number of Legal Administrative Assistants, Administrative Department Staff, and Paralegals in our U.S. offices. Tomorrow will be the last day at the firm for the individuals impacted by this decision.

An additional nine members of our staff accepted the Voluntary Separation Package offered earlier in the month. Their last day will be Friday, February 27.

We want to express our thanks and appreciation to each of these individuals for their hard work and dedication. We wish them well. They will be missed.

Faegre & Benson is the largest law firm in Minnesota and one of the largest in the Us. The firm employs more than 525 lawyers throughout the United States, Europe and Asia. Faegre was established in Minneapolis in 1886 as Cobb & Wheelwright.