Many law firms are using the economic meltdown as an excuse to end seniority-based pay for associates, adopting “merit-based” systems similar to...
It’s been another disastrous week for law firm layoffs. So far: O’Melveny & Myers: 90 attorneys, 110 staff Shearman & Sterling: 78...
Yesterday we reported on web rumors that New York’s Shearman & Sterling would lay off staffers. Today the firm confirmed that 60...
According to rumors on the Tubes (it’s not a truck!), Shearman & Sterling is laying off administrative staff today. Lawyers are apparently...
White & Case, one of six international firms granted a license to practice Singapore law, has canceled plans to merge with local...
Shearman & Sterling reports a 4.9% drop in revenues to $876 million for 2008, and a 9.6% fall in profits per equity...
After an hour’s deliberation, an Oakland, California jury acquitted former Bechtel global tax manager Mark Muntean on charges that he caused the...
In more Shearman & Sterling news: the New York law firm has announced ten partner promotions. Seven of the promotions were in...
New York’s Shearman & Sterling has promoted Huang Ling and Sanja Udovicic to partners in Asia, and has relocated Lorna Xin Chen...