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2 Oct 2009, 7:05 am by Vanessa Vidal, Esq.
In terms of salary reductions, we are starting to see the first cracks in the lockstep compensation model.To date, law firms that have cut salaries include:Akerman Senterfitt (-10% across the board) Allen Matkins (-10% across the board)Alston & Bird (-5K across the board)Baker & McKenzie (between 10% and 25% )Blank Rome (between 2% - 5% + 15K across the board )Brownstein Hyatt (-8.5- to 10%% across the board)Bryan Cave (10% across the board)Buchanan Ingersoll & Roone (5 to 10%… [read post]
18 Sep 2009, 1:33 pm
So if AMJ wants White out, would Doug Allen be coming back? [read post]
3 Sep 2009, 2:51 am
In terms of salary reductions, we are starting to see the first cracks in the lockstep compensation model.To date, law firms that have cut salaries include:Akerman Senterfitt (-10% across the board) Allen Matkins (-10% across the board)Alston & Bird (-5K across the board)Baker & McKenzie (between 10% and 25% )Blank Rome (between 2% - 5% + 15K across the board )Brownstein Hyatt (-8.5- to 10%% across the board)Bryan Cave (10% across the board)Buchanan Ingersoll & Roone… [read post]
3 Aug 2009, 2:39 am
In terms of salary reductions, we are starting to see the first cracks in the lockstep compensation model.To date, law firms that have cut salaries include:Akerman Senterfitt (-10% across the board) Allen Matkins (-10% across the board)Alston & Bird (-5K across the board)Baker & McKenzie (between 10% and 25% )Blank Rome (between 2% - 5% + 15K across the board )Brownstein Hyatt (-8.5- to 10%% across the board)Bryan Cave (10% across the board)Buchanan Ingersoll & Roone… [read post]
26 Jul 2009, 2:53 pm
McGuire, former CEO and Chairman of UnitedHealth Group, William McGuire, settled with the SEC for $ 468 million to resolve allegations of personal involvement in a lengthy stock-option backdating scheme. [read post]
9 Jul 2009, 2:37 am
In terms of salary reductions, we are starting to see the first cracks in the lockstep compensation model.To date, law firms that have cut salaries include:Akerman Senterfitt (-10% across the board) Allen Matkins (-10% across the board)Alston & Bird (-5K across the board)Baker & McKenzie (between 10% and 25% )Blank Rome (between 2% - 5% + 15K across the board )Brownstein Hyatt (-8.5- to 10%% across the board)Bryan Cave (10% across the board)Buchanan Ingersoll & Roone… [read post]
3 Jun 2009, 2:34 am
The question is: how many more layoffs will we see in the coming months.LAW FIRM LAYOFF LIST - JUNE 2009Law firms that are conducting June 2009 layoffs in their U.S. offices are listed here:Barlows Clyde & Gilbert (49 staff)Bass Berry (10 attorneys, 22 staff)Clifford Chance (10 attorneys)Cravath (25 attorneys)Dorsey & Whitney (55 staff)Dykema (17 attorneys, 30 staff)Honigman Miller (11 attorneys)McDermott Will & Emery (25 attorneys, 47 staff)Miller Canfield Paddock and Stone… [read post]
25 May 2009, 2:48 am
The question is: how many more layoffs will we see in the coming months.LAW FIRM LAYOFF LIST - MAY 2009Law firms that are conducting May 2009 layoffs in their U.S. offices are listed here:Sullivan & Cromwell (15-20 attorneys)Seyfarth Shaw (30 attorneys, 20 staff)Eckert Seamans (119 temp. attorneys by 7/1)Fenwick & West (15 attorneys, 7 staff)Milbank Tweed Hadley & McCloy (49 attorneys, 40 staff)Thompson & Knight (17 attorneys, 25 staff)Ruden McClosky (2 attorneys, 18… [read post]
8 May 2009, 12:45 pm
START DATES, ORGANIZED BY DATE Ed. note: Some firms appear on multiple dates, as they've offered a mix of dates and deferral options 2009 * Covington & Burling - Any Monday after the bar exam * Irell & Manella - Any Monday after the bar exam, November at the latest * Munger, Tolles & Olson - Any Monday after the bar exam * Quinn Emanuel - Any Monday after the bar exam SEPTEMBER 2009 * Akin Gump - September 14, 2009 for some Houston associates * Allen… [read post]
4 May 2009, 2:13 am
The most significant contributor to our April numbers was Allen & Overy with a layoff that totaled 450.In any event, for the first time since the beginning of the year, we are seeing a slowdown in terms of overall layoff numbers:1,500 (April 2009)3,500 (March 2009)2,000 (February 2009)1,500 (January 2009)Does this mean that the worst of the layoffs are behind us? [read post]
29 Apr 2009, 10:12 am
START DATES, ORGANIZED BY DATE Ed. note: Some firms appear on multiple dates, as they've offered a mix of dates and deferral options 2009 * Covington & Burling - Any Monday after the bar exam * Irell & Manella - Any Monday after the bar exam, November at the latest * Munger, Tolles & Olson - Any Monday after the bar exam * Quinn Emanuel - Any Monday after the bar exam SEPTEMBER 2009 * Akin Gump - September 14, 2009 for some Houston associates * Allen… [read post]
28 Apr 2009, 5:47 am
Daniel Hull, Co-Founder, Hull McGuire PCShould be interesting, to say the least! [read post]
18 Apr 2009, 11:06 am
" Greenberg Traurig, McGuire Woods and Allen Matkins (who?) [read post]
15 Apr 2009, 9:07 am
Akin Gump - January 2010 ($10,000 stipend), or March 2010 ($15,000 stipend); September 14, 2009 for some Houston associates Allen & Overy - September 21, 2009 Alston & Bird - January 19, 2010 ($10,000 stipend) Arent Fox - November 1, 2009 for some; February 1, 2010 for others ($5,000 stipend) Ballard Spahr - September 2010 ($45,000 stipend) Baker Botts - not yet set, but "no earlier than October 1, and no later than November 12" per a January e-mail to Houston… [read post]
14 Apr 2009, 7:52 am
Yesterday, Above the Law reported that Greenberg Traurig will cut associate salaries in the neighborhood of 10 percent, joining the ranks of McGuire Woods and Allen Matkins. [read post]
13 Apr 2009, 2:01 pm
As with McGuire Woods and Allen Matkins, first year associates are looking at a 10% pay cut. [read post]
8 Apr 2009, 11:58 am
Virginia-based McGuire Woods also announced that it would be cutting starting salaries for incoming associates, dropping from $160,000 to $144,000 in its major markets. [read post]
3 Feb 2009, 12:16 am
Thus, if granted, the order would (among other things) apparently reinstate Allen and the previous negotiating team. [read post]
26 Jan 2009, 9:23 pm
McGuire is currently the Guild's senior advisor. [read post]