Dechert LLP chairman and CEO Barton Winokur announced that he has taken a $1 million pay cut. Winokur revealed the self-imposed pay...
O’Melveny & Myers today announced the layoffs of 10% of attorneys and 10% of staff. About 190 people will be affected. From...
New York’s Debevoise & Plimpton announced that its 2008 gross revenue climbed 7.2%, while profits per partner fell nearly 3%. Revenue grew...
Am Law 100 firm Cravath, Swaine & Moore saw 2008 gross revenue fall 13%, while profits per partner dropped 24% to $2.5...
Shearman & Sterling reports a 4.9% drop in revenues to $876 million for 2008, and a 9.6% fall in profits per equity...
Apparently at least one law firm is growing as it rakes in the dough despite the recession. From The Blog of Legal...
Chicago’s Sonnenschein reports gross revenue was $492 million for 2008, up nearly 3%. Revenue per lawyer also increased about 3%, to $809,000....
Gross revenue at Charlotte, North Carolina Am Law 100 firm Moore & Van Allen edged up 1.5% to $164.5 million. But the...