New York’s Shearman & Sterling will defer its 2009 associate class. From the memo: In light of current economic conditions and the...
Over five years, London firms’ hiring of lateral partners has almost doubled, from 42 hires in 2004 to 79 in 2008. The...
Many law firms are using the economic meltdown as an excuse to end seniority-based pay for associates, adopting “merit-based” systems similar to...
It’s been another disastrous week for law firm layoffs. So far: O’Melveny & Myers: 90 attorneys, 110 staff Shearman & Sterling: 78...
Yesterday we reported on web rumors that New York’s Shearman & Sterling would lay off staffers. Today the firm confirmed that 60...
According to rumors on the Tubes (it’s not a truck!), Shearman & Sterling is laying off administrative staff today. Lawyers are apparently...
White & Case, one of six international firms granted a license to practice Singapore law, has canceled plans to merge with local...
Shearman & Sterling reports a 4.9% drop in revenues to $876 million for 2008, and a 9.6% fall in profits per equity...
After an hour’s deliberation, an Oakland, California jury acquitted former Bechtel global tax manager Mark Muntean on charges that he caused the...
In more Shearman & Sterling news: the New York law firm has announced ten partner promotions. Seven of the promotions were in...
New York’s Shearman & Sterling has promoted Huang Ling and Sanja Udovicic to partners in Asia, and has relocated Lorna Xin Chen...