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.



 

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Senior Antitrust Associate Attorney

USA-CA-San Diego

San Diego office of our client seeks Senior Antitrust Associate Attorney with 7 years of experience....

Apply Now

Senior Antitrust Attorney

USA-WA-Seattle

Seattle office of a BCG Attorney Search Top Ranked Law Firm seeks Senior Antitrust Attorney with 9 y...

Apply Now

Patent Attorney

USA-DC-Washington

Washington, D.C. office of a BCG Attorney Search Top Ranked Law Firm seeks Patent Attorney with 1 ye...

Apply Now

RELEVANT JOBS

Family Law Attorney

USA-CO-Fort Collins

Divorce Matters, is a rapidly growing Law Firm with multiple offices throughout Colorado. Our Firm i...

Apply now

Commercial Transactions Attorney

USA-PA-Philadelphia

Kang Haggerty & Fetbroyt LLC is looking for a Commercial Transactions Attorney licensed to practice ...

Apply now

Immigration Bond Attorney

USA-CA-Los Angeles

Do you want to help vulnerable immigrants in detention find a way out to fight their cases while rem...

Apply now

Associate Attorney (5+ years)

USA-NV-Las Vegas

Overview:  Tyson Mendes is seeking an experienced litigation associate to join our team of a...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top