Layoffs
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Layoffs, Partner Issues, Partner Profits
A Fly on the Wall at 425 Lex: Inside a Simpson Thacher Partner Meeting
Above the Law has obtained what appear to be notes or minutes from a June 2009 partners’ meeting at Simpson Thacher & Bartlett. As you would expect, they are riveting reading. A caveat: the notes appear authentic to us, and they’ve been making the rounds at Simpson, but the firm has not officially confirmed their […] -
Holidays and Seasons, Layoffs, Parties, Reader Polls
Laid-Off Associates on the Morgan Lewis Holiday Party Invite List
A couple of weeks ago, we asked if deferred associates should be invited to the firm holiday party. I argued that although these deferred associates were not employees of the firm, a holiday invite would be a nice gesture. Roughly 60% of ATL voters agreed. We don’t know how many firms are paying attention, but […] - 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… -
Law Shucks, Layoffs
This Week in Layoffs: 12.05.09
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. Huzzah! Unemployment is down this week. OK, we’re not that excited. It’s not easy to get excited about the unemployment rate being "only" 10%. Week […]
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Faegre & Benson, Layoffs
Faegre & Benson Layoff Update: Firm Denies, Associates Disagree
Yesterday, we reported on Thanksgiving week layoffs at Faegre & Benson. Our sources reported that between six and ten people were let go from just before the holiday. The firm responded after our post went up. Faegre & Benson spokespeople denied that the firm laid anybody off: Faegre & Benson did not lay off any […] -
Faegre & Benson, Layoffs
Nationwide Layoff Watch: Faegre & Benson Gobbled Up Some Associates for Thanksgiving
I really didn’t think any firm would lay people off last week. I figured the coming turkey holocaust would spare the jobs of any associates Biglaw wanted to devour. I was wrong. A tipster reports: There was another round of layoffs at Faegre & Benson last week. The partners decided to send six to ten […] -
Law Shucks, Layoffs
Thanksgiving Week in Layoffs: 11.30.09
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. Even though we’re going to see unemployment continue at the highest level since 1983, there are some promising trends. November payrolls are expected to fall […] -
Layoffs
Nationwide Layoff Watch: Schulte Gets Things Done Before the Holidays
The Above the Law inbox has been on fire all morning as disgruntled (former) Schulte Roth & Zabel associates share some bad news: Yet more lay-offs: Two groups — 13 associates so far — real estate and business transactions. Other tipsters have used the same ominous language: “13 associates, so far.” Are there more people […] -
Bonuses, Law Shucks, Layoffs
This Week in Layoffs: 11.14.09
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. This week, economists missed on the good side — initial jobless claims fell by more than expected. The 502,000 applicants are the fewest since January […] - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Biglaw, Layoffs, Staff Attorneys / Discovery Attorneys
Associates and 'Other Attorneys' Lose Jobs, Partners Hold Steady
This shouldn’t come as a surprise to anyone, but the National Law Journal reports that partners are successfully hanging onto their jobs despite this recession. Associates and “other attorneys” are not: Law firms since 2005 had increased the number of “other” attorneys — a category comprising counsel, of counsel, senior counsel and staff attorneys — […] -
Allen & Overy, Books, Layoffs, Sex, Sexism, Violence
Deidre Dare Likes Abusive Men and Getting Paid For Her Writing
We have another episode in the saga of Deidre Dare, one of our favorite laid-off lawyers. She was an attorney in Allen & Overy’s Russia office until she penned typed a salacious online novel about her expat adventures, which featured lots of drinking, sex, drugs, donkeys, and dwarves. After the firm let her go, she […] -
Law Shucks, Layoffs
This Week in Layoffs: 11.07.09
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. It was pretty hard to miss this week’s big news: unemployment crashed through the 10% barrier, hitting 10.2% in October – the highest level since […] -
Layoffs, Staff Layoffs
Nationwide Layoff Watch: Goodwin Procter Makes Grown Men Cry?
It’s been a tough day at Goodwin Procter. Multiple tipsters report that the firm is laying off both attorneys and staff today. One source reported on the human toll of losing your job: [L]awyers were just laid off this morning at Goodwin Procter in Boston. There are both men and women crying in the halls. […] -
Job Searches, Layoffs, Notes from the Breadline
Notes from the Breadline: Friends and Other Strangers(Part III)
Ed. note: Welcome to the latest installment of “Notes from the Breadline,” a column by a laid-off lawyer in New York. Prior columns are collected here. You can reach Roxana St. Thomas by email (at roxanastthomas@gmail.com), follow her on Twitter, or find her on Facebook. This column is a continuation from last week’s, which you […]
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
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Legal AI: 3 Steps Law Firms Should Take Now
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The Business Case For AI At Your Law Firm
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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…
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Biglaw, Day Pitney, Layoffs, Staff Layoffs
Staff Layoff Watch: Day Pitney Downsizes Staff
Incrementally, the pace of layoffs has been picking up. Perhaps firms are trying to get through all of their cuts before the holiday season? The latest news comes from Day Pitney. A tipster reports: Day Pitney in CT laid off 30 staff today and moved staff to lower positions. A spokesperson from Day Pitney confirmed […] -
Layoffs
Nationwide Layoff Watch: Dickstein Shapiro Downsizes
Give Dickstein Shapiro credit. When the firm lays people off, it doesn’t hide behind any performance review rhetoric. When Dickstein laid people off back in January, firm chairman Michael Nannes had this to say: These are purely economic decisions — this is a group of talented attorneys who have made valued contributions to our Firm. […] -
Layoffs, No Offers, Start Dates, Summer Associates
Further Deferrals at Winston & Strawn(Plus other goings-on at the firm.)
The signals seem mixed in terms of whether the legal profession is on the road to recovery. On the one hand, the pace of layoffs is certainly slowing. On the other hand, firms are taking other steps to keep headcount (and expenses) down. They are not yet in a mode where they need more hands […] -
Associate Bonus Watch 2009, Bonuses, Law Shucks, Layoffs
This Week in Layoffs: 11.01.09
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. Last week we wrote that jobless claims were higher than expected and that predicting anything with any degree of confidence seemed pointless. This week, the […] -
Killing Lockstep, Layoffs
Nationwide Layoff Watch: Drinker Biddle Continues to Cut
Back in May, Drinker Biddle came up with a radically different program for first years. For the first six months, first years at Drinker are more like apprentices than traditional first years. They get intensive training, but are only paid $105,000. Despite those changes, the firm has still decided to lay off attorneys. Multiple tipsters […] -
Law Shucks, Layoffs
This Week in Layoffs: 10.26.09
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. We took the week off last week, but you didn’t miss much. In fact, we had another run of almost two weeks without a layoff, […] -
Intellectual Property, Layoffs, No Offers, Salary Cuts, Salary Freeze, Summer Associates
What's Going On at Finnegan Henderson?
The Great Recession has been tough for many different types of firms — and that even includes intellectual property firms. During the past year, IP-focused shops have cut back on hiring, slashed salaries, and lost key partners to larger firms. A few recent developments at Finnegan Henderson, the D.C.-based IP powerhouse, reflect the new realities. […]