Update: Katten Lays Off 69
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Katten Muchin Rosenman has confirmed it is laying off 69 people today, and cutting the salaries of “underutilized” associates.

The firm is also scaling back its summer associate program, and deferring start dates for incoming first years.

From the press release:


…like many law firms, we have had to make some very difficult staffing decisions, including today’s layoff of a relatively small number of our attorneys and staff. These reductions included 12 associates, seven non-equity partners, four other attorneys, six paralegals and 40 staff members.

This layoff was relatively small due to a new Katten program that will creatively reduce costs while preserving dozens of jobs. Under the program, underutilized associates will be placed on a lower compensation scale. This scale reduces an associate’s base salary by 20 percent if he or she did not bill within 200 hours of their billable target in 2008, but offers the chance for them to earn back their total base at the end of this year if they meet their hours going forward…

In conjunction with our new compensation program, we are implementing a number of additional measures designed to cut costs, including reducing the length of our summer associate program from 10 weeks to eight weeks and reducing summer associate salaries by 20 percent. We are also delaying the start date for incoming first-year associates until February 1, 2010, the beginning of our fiscal year. These associates will be compensated with an additional stipend.

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!!

Katten Muchin Rosenman LLP has offices in Chicago; New York; Los Angeles; Washington, DC; Charlotte, North Carolina; Palo Alto, California; and Irving, Texas; with an affiliated entity, Katten Muchin Rosenman Cornish LLP, in London, England. The firm has over 650 attorneys practicing in more than 40 areas.



Plaintiff Personal Injury Paralegal


Opportunity for a Plaintiff Personal Injury legal assistant to work in a growing practice. Must have...

Apply now

Associate Attorney - Insurance Defense

USA-CA-Los Angeles

Fowler Law Group is looking for an associate attorney with at least one year of insurance defense ex...

Apply now

Associate Attorney - Estate Planning


Cook Tillman Law Group is seeking an associate attorney for its Estate Planning practice group. ...

Apply now

Senior Commercial Real Estate Attorney


Senior level commercial real estate transactional attorney sought by a successful, mid-sized, real e...

Apply now




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


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

Apply Now


To Top