Munger, Tolles & Olson reported decreases in both revenue and profits per equity partner in 2009. Revenue decreased 4.5% to $198 million....
Arnold & Porter reported an increase in gross revenue in 2009, increasing 2% to $524 million. Overall head count at the firm...
A decline in gross revenue in 2009 didn’t stop profits per equity partner (PPP) from inching up at Sidley Austin. The firm,...
It’s probably not a surprise that making partner has proven a more difficult task during the current recession. Not wanting to further...
Blawgs are reporting on rumors that global law juggernaut DLA Piper plans to force out some equity partners. The finance and projects...
Magic Circle law firm Clifford Chance LLP LLP saw average profits per equity partner drop 37% to £733,000 ($1.2 million) in the...
A tipster informs us that Texas’ Brown McCarroll has laid off a “significant number” of attorneys and staff in its Austin, Dallas...
Washington DC’s Howrey has laid off 25 secretarial staffers. Cuts came in all offices except Palo Alto and New York. Those affected...
Earlier this month, UK City firm CMS Cameron McKenna asked its equity partners to volunteer to become fixed-share partners. Now the firm...
Partners at Clifford Chance, which we now learn for the first time laid off 35 support staff in New York and Washington,...
Am Law 100 firm Proskauer Rose’s profits per equity partner dropped 10% in 2008 to $1.4 million. Revenues increased marginally, by 1%,...
Washington, DC-based Patton Boggs is adopting a new compensation plan for partners, retooling a long-held “eat-what-you-kill” system to reward partner cooperation and...
