Home

Proskauer Rose Lays Off 60
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Proskauer Rose announced ysterday that is it laying off 35 associates and 25 staff.

In February 2008, Proskauer Rose announced double-digit growth in both profits and turnover for 2007, with revenue at the New York law firm up by almost a fifth to $627.8 million.

  
What
Where


This firm issued a statement:

Statement – December 4, 2008

Proskauer Rose LLP announced today that it is laying off 35 associates across its offices. In addition, the firm is laying off approximately 25 members of its administrative staff.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Those affected will be eligible for severance pay, health care benefits and outplacement counseling, as well as payments of the 2008 bonuses they would have received had they remained with the firm through year end.

We are taking these actions in response to the worldwide economic crisis, as well as an unprecedented reduction in our historical lawyer attrition rate, which requires that we align our staffing with current and projected levels of activity on behalf of our clients.



We regret the need to take these actions but recognize that they have become a necessity for many of our clients and peer firms and that good business judgment requires that we staff appropriately.



 

RELEVANT JOBS

Post-Conviction Resource Attorney

USA-CA-Los Angeles

POSITION: Post-Conviction Resource Attorney LOCATION: Hybrid work model; required travel to on-si...

Apply now

Litigation Attorney

USA-NJ-Morristown

Litigation associate sought in a busy medical malpractice firm in downtown Morristown.  Experie...

Apply now

Post-Conviction Coordinating Attorney

USA-CA-Los Angeles

POSITION: Post-Conviction Coordinating Attorney LOCATION: Hybrid work model; required travel to o...

Apply now

National and New York Commercial Title Insurance Underwriter

USA-NY-Westbury

  Job Description National and New York Commercial Title Insurance Underwriter Provide...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Venture Capital Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks corporate business attorney with...

Apply Now

Real Estate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks transactional real estate attorn...

Apply Now

Experienced Health Care Attorney

USA-ME-Portland

Portland office of a BCG Attorney Search Top Ranked Law Firm is seeking health care attorney with 5-...

Apply Now

SEARCH IN ARCHIVE

To Top