This week in law firm layoffs: Howard Kennedy: 40 lawyers and staff Kirkland & Ellis: undisclosed staff LG: 15 lawyers and 18 staff Troutman Sanders: 28 lawyers (unconfirmed) Eversheds: 10 lawyers Trowers & Hamlins: 17 lawyers and staff Shearman & Sterling: undisclosed lawyers Wells Fargo & Co: undisclosed lawyers Womble Carlyle: over 20 lawyers and staff Perkins Coie: 12 lawyers and 26 staff Maclay, Murray & [...]
Continue reading...Wednesday, April 15, 2009
Wells Fargo has partially confirmed online rumors, that the bank is laying off some of its in-house counsel. Online rumors say that the bank, which recently merged with Wachovia, is cutting up to 20% of its legal department. The bank would not confirm the numbers, but characterized the percentage affected as “small.” Founded in New York in [...]
Continue reading...Thursday, January 22, 2009
One Houston law firm has begun a probe across the nation into banks they allegedly insure the lives of their employees without their knowledge or consent. Bank of America, JP Morgan Chase, and other big banks have bought bank-owned life insurance policies, according to a statement from the Clearman Law Firm. Wells Fargo, Citi Group and [...]
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Saturday, April 18, 2009
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