Seyfarth Shaw Brings on Team from Alston & Bird
Chicago-based Seyfarth Shaw, which in May laid off 50 people and reduced salaries, has brought on a new team of…
Legal News
Obama’s Lawyers Make $172,000 or Less
The Obama administration has released salary information for its 46 staff lawyers. The highest paid is Gregory B. Craig, whose…
Blank Rome Cuts Starting Associate Salaries
Blank Rome is cutting starting salaries for incoming associates. The rundown is as follows: New York City: $145,000, down from…
Orrick Abandons Lock-step Compensation for Associates
San Francisco's Orrick, which laid off 300 employees in March, is abandoning lock-step compensation for associates. Under a lock-step scheme,…
Alston & Bird Reduces Associate Pay By $5K
Today Atlanta's Alston & Bird informed its associates that the firm is reducing all associate salaries by $5,000. At this…
Techmeier Merging with Cochran
Milwaukee's Techmeier Law Firm is merging with national personal injury and criminal defense firm The Cochran Firm. Techmeier will operate…
Profits Plummet at Clifford Chance
Magic Circle law firm Clifford Chance LLP LLP saw average profits per equity partner drop 37% to £733,000 ($1.2 million)…
Virtual Law Partners Hires Four Attorneys
Virtual Law Partners, which hired five new partners four weeks ago, has this week brought on four new partners for…
Weil Gotshal Shuts Austin Office
Weil Gotshal, which in May laid off 79 staff, is shuttering its Austin, Texas office on December 1st, 2009. Partner…
Study: Growing Pay Gap for Associates
A study by the National Association for Law Placement, or NALP, shows a widening disparity in law firm associate salaries,…
Schnader Slashes Associate Pay; Partners Agree to Pay Cut
Schnader, which held layoffs in April, has cut associate salaries by $10,000; and partners have agreed to a 5% reduction…
Ruden McClosky Cuts Compensation
Florida's Ruden McClosky, which laid off two lawyers and 18 staff in May, is cutting associate and non-equity partner compensation…