ATL: Major Layoffs Impending at Orrick
ATL is convinced that Orrick, Herrington & Sutcliffe will hold major layoffs next week. At this point we're hearing that…
Orrick Herrington & Sutcliffe
Bloomberg: China Law Offices Grow as US, UK Firms Shrink
Bloomberg reports that while law firms in the US and UK are shrinking, their offices in China expanding. Twenty-eight foreign…
White & Case Profits Fell in 2008, Despite Layoffs
New York City's White & Case reports it profits per equity partner fell by 5% in 2008 to $1.6 million.…
Cadwalader Profits Plummet 30% in 2008
The American Lawyer reports that America's oldest law firm, Manhattan's Cadwalader, Wickersham & Taft, saw its average profits per equity…
Baker & McKenzie Sacks Six
Baker & McKenzie is firing six of its New York associates, as a result of the economic meltdown. The international…
Orrick Freezes 2009 Associates and Consultant Pay
Frisco's Orrick, Herrington & Sutcliffe LLC will freeze associate and consultant salaries in 2009. Associates were notified by the following…