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

Family Law Associate Attorney

USA-MA-Medfield

Mulhall Withrow, PLLC is an estate planning and family law practice in Medfield, Massachusetts with ...

Apply now

Attorney

USA-NY-New York City

Law Firm is seeking to hire a Litigation Associate for a Insurance Coverage and Complex Property Dam...

Apply now

“Join Trent Law Firm: Leading the Fight Against Big Tech & Complex Litigation”

USA-IL-Chicago

Elevate Your Legal Career at Trent Law Firm   Are you a battle-tested litigator ready to ...

Apply now

Immigration Attorney

USA-CA-Los Angeles

Our dynamic Law Office is seeking a passionate, dependable, and charismatic Experienced Associate At...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top