Breaking News

Allen & Overy to Cut 30% of Trainees
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Allen & Overy HQLondon’s Allen & Overy will only retain 70% of its trainees for September 2009 and March 2010.

The Magic Circle firm has not made a final decision about the retention rate, and said the figure was a “working assumption in light of the current financial climate.”

Allen & Overy retained 86% of its trainees in 2008, 90% in 2007.

  
What
Where


The firm offers its training contracts two years in advance, with some 50 trainees joining each year.

Allen & Overy is expected to cut 9% of associates, 9% of support staff and 9% of its partnership.

Around half of the affected positions are in London. The firm is also freezing pay and billing rates at 2008 levels.

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!!




Founded in 1930, Allen & Overy has approximately 5,500 staff and 31 offices worldwide.





 

RELEVANT JOBS

Senior Director, Associate General Counsel - Contracts

USA-NJ-Parsippany

Pacira BioSciences, Inc. is a leading provider of non-opioid pain management and regenerative health...

Apply now

Senior Corporate / Commercial Attorney |

USA-VT-Burlington

Downs Rachlin Martin – Northern New England’s largest business law firm - has a signific...

Apply now

Litigation law clerk

USA-VA-Alexandria

Paralegal Job Opening  Company Name:  Old Towne Associates, P.C. Company Locati...

Apply now

Senior Counsel, Shared Services & Litigation

USA-GA-Carrollton

Southwire is seeking to hire an experienced attorney to serve as Senior Counsel to provide advice an...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Managing Attorney

USA-MD-Baltimore

Baltimore office of our client seeks managing attorney with 10 years of experience. The candidate wi...

Apply Now

Sole Practitioner

USA-WI-Milwaukee

Milwaukee office of a BCG Attorney Search Top Ranked Law Firm seeks sole practitioner with experienc...

Apply Now

Estate Planning and Probate Attorney

USA-VA-Fairfax

Fairfax office of our client seeks estate planning and probate attorney with 5+ years of experience....

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top