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Perkins Coie Lays Off 58 Business Professionals
In an internal memo, the firm cited "macroeconomic conditions" as well as "increased expenses" that surpass the rate of revenue growth this year.
Procopio Lays Off 3% of Attorneys and Staff, Citing Continued Economic Headwinds
The San Diego-based firm is the third Am Law 200 firm to conduct layoffs in the past week.
Big Law Layoffs May Continue in Light of 'Uncertainty Lying in Wait'
Shearman and Davis Wright's layoffs are "not going to be the end of the story," said Georgetown's Jim Jones.
Lowenstein's Profits Surge 27%, With Litigation and Contingency Work Driving Growth
Contingency fees played a larger role in the firm's revenue in 2022, while the firm slowed its hiring and raised billing rates, according to managing partner Gary Wingens.
Shearman & Sterling Lays Off Associates and Staff
The firm said it is laying off 26 business professionals and 12 associates, "focused mainly on transactional practice areas most affected by current and projected market conditions."
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District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Stroock's Merger Talks Face Pension and Accounting System Hurdles
The New York law firm has been in talks with Squire, McGuireWoods and Steptoe. But the firm's pension program and its accrual accounting system could complicate a merger.
Tracking Associate Cuts and Layoffs: How Some Law Firms Are Managing Excess Capacity
From Goodwin, Stroock and Cooley's attorney layoffs to performance-review cuts at other firms, here's Law.com's reporting on staffing adjustments in the legal industry.
Stroock Latest Big Law Firm to Lay Off Staff, Attorneys
The firm cited "more attorney and staff resources" than it needed "for the foreseeable future" as the driver behind the head count reduction.
Paul Hastings Lawyers Retained by Creditors Committee in FTX Bankruptcy
The nine-member committee of unsecured creditors includes a mix of individual investors and trading platforms in the cryptocurrency sector.
Paul Hastings, Making Another Boost to Finance Practice, Adds Longtime Weil Partner
Morgan Bale joins the firm after a quarter century at Weil, as Paul Hastings continues to focus on finance.TRENDING STORIES
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