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Monday, February 08, 2010 |
The Bureau of Labor Statistics's latest report provides the following information: 1,100 legal jobs were lost in the month of January. Its a small improvement when compared to December's 2,900 job lost. November had 5,800 legal jobs disappear. From the time period of January 2009 through January 2010, a total of 44,700 people were laid off in the legal sector.
Source: www.jdjournal.com |
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Wednesday, February 03, 2010 |
Cravath announced back in June that its 2010 incoming first-years would actually be deferred until 2011. Now the firm is saying that some of the newbies will actually get to start sooner than later. The firm will be conducting a lottery to decide who gets to start work in the fall. Those who have acquired employment elsewhere for the year, as well as those who have federal clerkships will be ineligible for the lottery.
Source: www.businessinsider.com |
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Wednesday, February 03, 2010 |
Dechert snagged Allan Brilliant and Craig Druehl, two restructuring attorneys from Goodwin Procter. Brilliant co-headed the restructuring department at Goodwin since 2005. Druehl was an associate but is joining Dechert as a partner.
Source: www.nylj.com |
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Wednesday, February 03, 2010 |
White & Case had an 11 percent decrease in revenue in 2009, compared to 2008. The latter year, the firm made a total of 1.467 billion. That number dropped to 1.307 billion. White & Case's profit per equity parnter (PEP) increased a mere .3 percent from 2008's 1.59 million to 1.595 million in 2009.
Source: www.thelawyer.com |
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Tuesday, February 02, 2010 |
Paul, Weiss, Rifkind, Wharton & Garrison have announced the firm's 2009 financial numbers. Overall revenue dropped 3.8 percent, but profits per equity partner rose from $2.65 million in 2008 to $2.69 million in 2009. This was achieved without the help of layoffs and even with an increase in number of lawyers from 647 to 653.
Source: www.nylj.com |
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Tuesday, February 02, 2010 |
White & Case is loosing another eight partners who are leaving the firm for Latham & Watkins. These laterals will be dispersed amongst the following cities: Abu Dhabi, New York, Riyadh and London. Craig Nethercott and Glen Ireland are joining the London office. Villiers Terblanche and Nick Collins will be at the firm's Abu Dhabi office. Riyadh welcome attorneys Christopher Langdon and Mohammed Al-Sheikh. New York will be boosted by attorneys Christopher Cross and Clement Fondufe.
Source: www.legalweek.com |
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