Layoffs
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Chadbourne & Parke, Layoffs, Parties
Chadbourne & Parke Wants to Party With Its Laid-Off Associates
Many large law firms realize the importance of maintaining good ties with their alumni. It’s the right thing to do, and it’s also the smart thing to do. Biglaw alums often end up in places where they can be helpful to their former employers — e.g., in-house, government, and the media (cough cough). Alumni of […] -
Deferral Stipend, Layoffs, Start Dates
What's Up with Winston? An Update
Last week, we took a peek inside the black box of compensation at Winston & Strawn. We also discussed stealth layoffs at the firm. We felt our report was fairly hard-hitting. But one Winston source thinks we didn’t go far enough: In my humble opinion, you weren’t sufficiently critical of Winston. The real message here […] - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Associate Salaries, Killing Lockstep, Layoffs
A Peek Inside the Winston & Strawn Black BoxAnd additional info on stealth layoffs.
Life outside of lockstep is like Forrest Gump’s box of chocolates: you never know what you’re going to get. A lockstep system for compensating and promoting associates has its drawbacks, to be sure. But at least it offers the virtues of transparency and predictability. Earlier this week, we covered the arguably amorphous definition of “merit” […]
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In-House Counsel, Job Searches, Layoffs
In-House Counseling: Get a Job
Ed. note: This post is written by Will Meyerhofer, a Biglaw attorney turned psychotherapist, whom we profiled. A former Sullivan & Cromwell associate, he holds degrees from Harvard, NYU Law, and The Hunter College School of Social Work. He blogs at The People’s Therapist. I’ve written a fair amount about lawyers at the office in […] -
Layoffs
Nationwide Layoff Watch: Mayer Brown Reducing Its Force by 75
Mayer Brown associates got a disturbing email this morning: After careful consideration, the firm has decided to implement a job reduction in our US offices that will affect 28 associates and counsel and 47 staff members. This can’t be good news for the firm’s incoming mutineers who are still waiting to hear back about their […] -
Hogan & Hartson, Law Firm Mergers, Layoffs, Lovells
Nationwide Layoff Watch: Lovells Makes Cuts Ahead of May Merger
Not everybody from Lovells will be jumping on the Ho-Love bandwagon this May. Legal Week reports that Lovells will close its Chicago office: Lovells is set to shut down its Chicago office by the end of October following a strategic and financial review of its business. The office, which has seven partners and 15 fee […] -
Job Survey, Layoffs, pls hndle thx
Pls Hndle Thx: High Anxiety
Ed. note: Have a question for next week? Send it in to advice@abovethelaw.com. Dear ATL, So I got Lathamed from my job last year. It was tough but I eventually found a job that I like. However, I live in constant fear of being Lathamed again. I guess since it came out of nowhere last […] -
Layoffs
Layoff Patterns: Was There a Method to the Madness?
We’ve talked a lot about the cluster of factors that led to massive law firm layoffs throughout 2009. But why did law firms fire the specific people they let go? Let’s say that a firm fired 10% of its associates (whether openly or stealthily) in 2009. That would mean that 9 out of 10 associates […] - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
Career Alternatives, Layoffs, Reality TV, Television
Career Alternatives for Laid-off Attorneys: The Apprentice Wants You!
Donald Trump is in the market for a lawyer, and if you’re unemployable, laid-off, or suffering because of the recession, you might just be the attorney for him. The next iteration of “The Apprentice” will be devoted to recession refugees, and the producers are looking to cast some legal types. If your world has been […] -
Law Shucks, Layoffs
Last Week in Layoffs: 03.22.10
Ed. note: Above the Law has teamed up with Law Shucks, which has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker. The jobs picture, at least the sliver reflected by the initial jobless claims numbers, remained stagnant this week. Initial claims decreased for the third straight […] -
Chadbourne & Parke, Layoffs
Chadbourne 'Parkes' Eleven Deferred Associates in Unemployment
Things seem to be going relatively well at Chadbourne & Parke. Let’s review some recent developments. Back in January, the firm announced sizable raises and bonuses. In the same month, the Chadbourne & Parke Foundation generously contributed $100,000 to Haiti relief efforts. More recently, the firm’s well-regarded project finance practice snagged some high-profile work relating […] -
Law Shucks, Layoffs
This Week in Layoffs: 03.14.10
Ed. note: Above the Law has teamed up with Law Shucks, which has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker. National jobless news seems to be business as usual. First-time jobless claims fell by 6,000 last week to 462,000. That contributed to a net gain […] -
Layoffs
Rolling Stealth Layoffs Continue at McDermott Will & Emery
The pace of law firm layoffs has been slowing. As noted by Lawshucks in the last installment of This Week in Layoffs, a second consecutive week passed with no reported layoff news. Some firms that have conducted large-scale layoffs — cough cough, Latham — are even hiring again. At McDermott Will & Emery, however, the […]
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
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Biglaw, Dewey & LeBoeuf, Layoffs, Secretaries / Administrative Assistants, Staff Layoffs
Staff Layoff Watch: Dewey Cuts 30 Administrative Staff
The pace of law firm layoffs has apparently slowed to a crawl. We’ll go weeks between job losses at large law firms (that we know of). But, here and there, some people are still getting pushed out as firms retool for the new economy. Sadly, legal secretaries at Dewey & LeBoeuf became the latest casualties […] -
Law Shucks, Layoffs
This Week in Layoffs: 03.07.10
Ed. note: Above the Law has teamed up with Law Shucks, which has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker. First-time jobless claims dropped last week, and the overall unemployment rate (U-3) held steady at 9.7% in February. But you won’t call that "good news" […] -
Biglaw, In-House Counsel, Layoffs
In-House Counseling: Fighting Back from a Bad Review
Ed. note: This post is written by Will Meyerhofer, a Biglaw attorney turned psychotherapist, whom we profiled. A former Sullivan & Cromwell associate, he holds degrees from Harvard, NYU Law, and The Hunter College School of Social Work. He blogs at The People’s Therapist. My patient, a senior associate doing IP litigation at a downtown […] -
Law Shucks, Layoffs
This Week in Layoffs: 02.21.10
Ed. note: Above the Law has teamed up with Law Shucks, which has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker. Here we are, a year after enactment of the American Recovery and Reinvestment Act of 2009 and still facing unemployment in the 10% range. That […] -
Biglaw, Layoffs, Partner Issues, Partner Profits, Television, Videos
2009: It Was the Best of Times, It Was the Worst of Times(Or: Elie critiques capitalism -- on Fox Business News.)
Although our colleague Elie Mystal is on vacation this week, he took some time today to sit down with Fox Business News, where he discussed how some large law firms enjoyed record profits in 2009 — thanks, in part, to record layoffs. An added bonus: he offered weight loss advice! No donuts involved. Check out […] -
Layoffs, Severance
Nationwide Layoff Watch: Drinker Biddle
Last year witnessed a Valentine’s Day Massacre in the legal profession. Over 800 lawyers and staffers lost their jobs in the week leading up to V-Day. This year, the week before Valentine’s Day was comparatively full of sweetness and light — totally appropriate for the holiday of love. In fact, it looked like last week […] -
Law Shucks, Layoffs
This Week in Layoffs: 02.13.10
Ed. note: Above the Law has teamed up with Law Shucks, which has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker. In celebration of this law-firm-layoff-free week, we’re taking a break from reporting on the US government’s published unemployment numbers. We found something far more interesting […]