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.





 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid to Senior Level Labor and Employment Attorney

USA-CA-San Francisco

San Francisco office is seeking a mid to senior level labor and employment attorney.

Apply Now

Mid-Level Commercial Business Litigator

USA-CA-Los Angeles

Los Angeles office is seeking a commercial business litigation attorney with 2-5 years of experience...

Apply Now

Senior Level Litigator

USA-CA-Woodland Hills

Woodland Hills office is seeking a litigation attorney with 5-7 years of experience and a background...

Apply Now

Real Estate Associate Attorney

USA-MN-Minneapolis

Minneapolis office of our client seeks real estate associate attorney with 2-5 years of experience. ...

Apply Now

RELEVANT JOBS

Associate Attorney

USA-CA-Sacramento

Schuering Zimmerman & Doyle, LLP, a Sacramento based medium size medical malpractice defense firm, h...

Apply now

Associate Attorney (Litigator)

USA-NC-Waxhaw

The Cuddy Law Firm seeks an associate attorney (litigator) to join our North Carolina team....

Apply now

Paralegal

USA-PA-Harrisburg

Hazen Law Group is a well-established estate, elder care, and special needs planning law firm in Har...

Apply now

Associate Attorney

USA-DE-Lewes

Looking for an associate attorney that is a member of the Delaware Bar to conduct real estate closin...

Apply now

SEARCH IN ARCHIVE

To Top