As Wall Street's woes continue, Law.com presents ongoing coverage of the financial meltdown from across the globe, with updates on the firms handling the bankruptcies, the fate of in-house legal teams, and the legal implications, economic domino effect and other ramifications for lawyers and the legal profession. Check back for regular updates from all ALM publications, collected here.
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. The Layoff List Falling Figures Permeate Annual Corporate Scorecard Foley & Lardner Feels the Pain Drought Ends for Securities Class Action Settlements White & Case London Revenues Dropped 20 Percent in 2009 Chadbourne Rescinds Job Offers to 11 Deferred Associates Howrey to Cut Between 20 and 30 Partners Legal Sector Lost Just 100 Jobs in February New Survey Suggests In-House Lawyers Are Poised to Hire Partner Cuts Logical Place for Savings in 2010, Report Says Summer Associate Offers Hit 17-Year Low, Says NALP U.S. Firms Scale Back London Recruitment as Lateral Hires Fall to Five-Year Low Revenue Plunges 14 Percent for DLA Piper's U.S. Operations Revenue and Profits Fall at Mayer Brown O'Melveny & Myers Sees New Decreases in Revenue, Profits Profits Up, Revenue Down at Shearman & Sterling Latham's Profits Bounce Back Morgan Lewis Sees Sharp Drop in Profits, Revenue The 2010 Lateral Report: Company Town Report Shows Some Improvement in N.Y. Legal Market Legal Sector Lost 1,100 Jobs in January Legal Sector Lost 2,100 Jobs in December Fewer Lawyers Earn Real Partnerships at Law Firms Securities Class Actions Falling Off as Credit Crisis Dwindles San Francisco Real Estate Firm Cassidy Shimko Closes Latham Unfreezes Associate Salaries for 2010 Bad Times Could Have Been Worse for Women in 2009 Will More Firms Re-Defer Their Incoming First-Years? Legal Training Looks at New Directions in Response to Recession Associate Pay Cuts Here to Stay, Say Firms, Analysts AIG's Top Lawyer Tells Pay Czar 'Hands Off My Paycheck' DLA Piper Launches Third Round of Middle East Layoffs Firms' Billing Rates Inched Up During 2009, NLJ Survey Shows Legal Sector Lost 2,900 Jobs in November Thompson Coburn Hires Ahead of the Next Real Estate Surge CMS Russia Cuts 30 Jobs in Second Round of Layoffs Clifford Chance, Ashurst, Allen & Overy on Dubai World Debt Crisis Good News for 2Ls: Some Law Firms Interviewing Again Bonuses at Law Firms Not Guaranteed in 2009 It's Sunny for Philadelphia's Legal Market, Survey Shows Harvard Scrapping Public Service Reimbursement Program Real Estate Lawyer's Suicide a Sign of Desperate Times for Some Multinational Bankruptcies for a Global Recession Law Firms Promote Fewer Senior Associates to Partnership New Approaches to Getting a Law Firm Job Orrick-Levi Strauss Deal Underscores Growth of Alternative Billing Sutherland to Jettison Lockstep Associate Pay Seyfarth Latest to Cut First-Year Associate Pay Ditching the Billable Hour: 'Everyone Wants to Do It' Survey Finds Revenue, Profits Down at Law Firms Skadden Matches Cravath, Cleary Bonus Numbers Lovells to Move Farther Away From Lockstep Under Planned Merger With Hogan Hartson Expenses Down for Small and Midsize Firms, but Revenue Down Faster Reed Smith to Ask Nonequity Partners to Pay Chunk of Salary to Firm Covington Freezes Associate Salaries Outside New York Litigation Practices Showing Signs of Life, Says Hildebrandt Study Reed Smith Cuts First-Year Salaries, Billing Rates by 20 Percent Stimulus Expansion Sends Real Estate Lawyers Scrambling Day Pitney Makes New Round of Cuts Simmons Blames Global Crisis as Firm Pulls Plug on Moscow Arm Washington Mutual Sues to Get Billions Back From FDIC Allen Matkins Makes Second Cut to Pay, Lays Off Associates Ready, Set, Delay: Most Large Texas Firms Push Back Start Dates WilmerHale Lays Off 57 Staff Major U.K. Firms Cut Back Profit Payouts Amid Tough Markets Changes at Squire Sanders: Deferrals, Layoffs, New Management In-House Lawyers Talk Tough on Getting Firms to Mind the Bottom Line Foley & Lardner Cuts 39 Lawyers Sheppard Mullin's N.Y. Associates Share the Salary Pain Departures and Cutbacks Take Ashurst Partner Exits to 22
Thompson & Knight Encourages Associates to 'Customize' Compensation and Hours Law Departments Putting Cost-Cutting Into Action Top South Florida Attorneys' Billing Rates Rise in 2009 The Recession's Not Over for China's Law Firms Denton Wilde Sapte to Cut Up to 29 More Jobs Thriving Boutique Gives Some Hope to Job Seekers Outside Counsel Spending Projected to Drop by 4.3 Percent Next Year After a Year, Laid-Off Associate Finds New Job Outside a Law Firm
Bingham McCutchen to Adopt 'Merit Lockstep' System
Has the Recession Forever Changed Large Law Firms?
Associate Salaries: The War Is Over
Legal Sector Lost 2,000 Jobs in September Survey Shows Recession's Impact on Minority Associates
New Report Shows Signs of Life in Law Firm Merger Market
Wildman Harrold Rescinds Job Offers to 10 New Associates
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