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cost cutting

World’s Richest Biglaw Firm Implements Stealth Layoffs to Cut Costs

An economic downturn and a decline in corporate work have led to the implementation of stealth layoffs in Biglaw. These…

Vinson & Elkins Defers Start Dates, Cuts Expenses

Houston's Vinson & Elkins has notified incoming associates that they must choose a new start date of November 2nd, 2009,…

Schiff Hardin Cutting Costs to Avoid Layoffs

Chicago's Schiff Hardin has announced it is taking steps to cut costs, in the hope of avoiding further layoffs. From…

Law Firms Save $250,000 for Each Lawyer Laid Off

How much do law firms save by laying off lawyers and staff? The National Law Journal asked around the find…