Legal News

Update: Katten Lays Off 69

Katten Muchin Rosenman has confirmed it is laying off 69 people today, and cutting the salaries of "underutilized" associates. The…

Katten Muchin Rosenman is laying off around 30 lawyers today, according to reliable sources. The firm may also announce a…

New York's Fried Frank saw gross revenue fall more than 9% in 2008 to $488 million. Profits per equity partner…

Buchanan Ingersoll & Rooney saw its 2008 gross revenue fall by 3.3%, from $282.1 million in 2007. The Pittsburgh, Pennsylvania-based…

Morgan & Finnegan has officially filed for Chapter 7 bankruptcy. If you have any further details, please send us a…

McDermott Will & Emery associates have been paid their 2008 bonuses, with fourth years getting up to $60,000. However, the…

New York Judge Richard Lowe has issued an injunction barring Morgan & Finnegan from selling or transferring assets, in a…

The Project for Attorney Retention says reducing associate working hours will save a firm more money than cutting associate positions.…

Legal Times is merging with one of its sibling publications, The National Law Journal. The combined publication will focus on…

The blawgosphere is roiling this morning over US Supreme Court Justice Ruth Bader Ginsburg's off-handed remark on Friday that there…

Many law firms are using the economic meltdown as an excuse to end seniority-based pay for associates, adopting "merit-based" systems…

McMillan LLP is merging with Calgary, Canada's Thackray Burgess. The Calgary firm will become part of McMillan, and all of…