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capital contributions

Will it take a Miracle for Dewey’s Former Partners to Regain their Capital?

Now that most of Dewey's partners have left, as the law firm spirals to certain doom, what can they expect…

Howrey Lays Off 25 Staff

Washington DC's Howrey has laid off 25 secretarial staffers. Cuts came in all offices except Palo Alto and New York.…

No Bonuses? Pay Freezes? How About Having to Pay to Work?

Above the Law quotes an unnamed source at Clifford Chance , that partners will have to actually pay the firm…

Non-equity Partners In “Precarious Position”

At least two more law firms are considering following the lead of DLA Piper, requiring nonequity partners to buy into…