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03-19-2009

BCG News - 03/19/09

Dewey & LeBoeuf announced that 66 partners of its 350 partners have seen pay cuts in the last 15 months. Some partners have seen their compensation reduced by as much as 80%. The salary reductions are meant to encourage less productive partners to seek employment elsewhere.....[more]
03-12-2009

BCG News 03/12/09

According to a report issued Friday by the U.S. Department of Labor, the legal services sector shrank by 4,200 in February 2009.....[more]
03-04-2009

BCG News — 03/04/09

Latham & Watkins has cut 440 employees - 190 associates and 250 staff. The cuts are the largest to date by a US-based firm.....[more]
02-24-2009

BCG News – 02/24/09

Last week we reported that Allen & Overy, the UK's fourth-biggest law firm judging by revenue, would cut as many as 150 lawyers, sever ties with its private client team, and freeze pay.....[more]
02-19-2009

BCG News – 02/19/09

Simmons & Simmons has announced a review that could lead to layoffs of up to 20 associates and 49 support staffers. Last year, the firm laid off eight associates and 21 support staffers.....[more]
02-11-2009

BCG News – 02/11/09

Hogan & Hartson confirmed it is extending a buyout offer to between 250 and 300 of its support staff. Staffers with more than five years of experience will be offered four weeks pay, plus one week for every year they've been with the firm. For some senior people, that could be 20 or 30 weeks, which ....[more]
02-06-2009

BCG News - 02/06/09

Departed partners of Marc S. Dreier's recently diminished firm may be facing legal troubles. According to some attorneys, who are familiar with bankruptcy law, the departed partners might be held liable for any of the firm's ....[more]
01-29-2009

BCG News - 01/29/09

Fulbright & Jaworski have reported strong earnings for the 2008 calendar year. Profits and revenue at the firm rose by about 7%. The average profits per equity partner rose by 7.35%, totaling $833,000 at the year's end. The firm focused on its Middle Eastern potentials throughout 2008. They hired Da....[more]
01-28-2009

BCG News - 01/28/09

Wilson Sonsini Goodrich & Rosati ....[more]
01-09-2009

BCG News - 01/09/09

Sonnenschein Nath & Rosenthal has bagged the lead role on the $13.9bn (£9.19bn) sale of US bank IndyMac following its December capture of 100 lawyers from Thacher Proffitt & Wood.Former Thacher Proffitt partner Robert Azarow brought the deal to Sonnenschein. He is leading a team advising the US Fed....[more]

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