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economic meltdown

Massachusetts Lawyers Expect to Make Less This Year

Nearly 79% of Massachusetts Bar Association members who responded to an online survey believe the economic downturn will affect the…

Firms Struggle in the Economic Downturn

As the economy crashes further into recession, law firms are doing some major renovations. Many partners who have lost their…

Neal Gerber Fires Attorneys

Chicago's Neal, Gerber & Eisenberg, a 200-lawyer firm specializing in real estate, litigation and mergers & acquisitions, has cut attorneys…

Wildman Harrold Lays Off “Approximately” 10 Attorneys [Update]

Wildman Harrold Allen & Dixon has confirmed that the Chicago-based law firm has laid off "approximately" 10 attorneys. About half…

Kirkland & Ellis Showing Associates, Partners the Door

Kirkland & Ellis is edging some senior associates and income partners toward the door as part of its "regular annual…

DLA Piper Freezes Associate Salaries

DLA Piper associates were greeted with this email on Friday: 2008 has indisputably been one of the most challenging economic…

Murder Defendant Denied Counsel, Sues Public Defenders

A murder defendant who has been denied legal representation for eight months is suing the head of the Georgia public…

Roberts: Federal Judges Need Pay Raises

Despite calls throughout the nation for state and federal employees to take pay cuts or involuntary furloughs to save tax…

Orrick Freezes 2009 Associates and Consultant Pay

Frisco's Orrick, Herrington & Sutcliffe LLC will freeze associate and consultant salaries in 2009. Associates were notified by the following…

Law Firms Race to Collect Year End Billings [Video]

Via LawCrossing.com: At year's end, white-shoe law firms race to collect the bulk of the year’s client fees by the…

LA’s Pircher Nichols Lets Go 12 Employees

Pircher, Nichols & Meeks, a 75-attorney firm specializing in commercial real estate with offices in Los Angeles and Chicago, has…

Two Thirds of Law Firms Expect Lower 2009 Revenues; 51% to Terminate Staff

Two-thirds of all US law firms expect lower 2009 revenues, although the economic harm to date has mostly hurt large…