Updated: After notifying 13 real estate and finance associates last week that they were being laid off, apparently because of a slowing economy, Dechert has reportedly changed its mind.
Duane Morris has cut 26 of its 724 legal secretaries and file clerks, a move that is part of an overall trend of reducing the number of office staffers helping…
An unnamed source who reportedly was among those adversely affected says perhaps 17 in-house legal staff are included in Home Depot’s layoff of 500 corporate employees late last month.
Updated: Fears of a recession and the subprime mortgage crisis have led to a downturn in corporate legal work and litigation at big law firms, according to a report due…
The Daily Brief blog of Portfolio.com wonders if more law firm layoffs are in the offing after the announcement yesterday that Cadwalader, Wickersham &…
Once upon a time, even major law firms routinely hired associates with the expectation that they could become partners. While no fairy tale, that expectation is now something of a…
Although the legal market is still strong and many major firms reportedly are competing hard for desired associates, some see a potential storm cloud on the horizon.
