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Updated Special Report: Crisis on Wall Street

Continuing coverage of the market meltdown from ALM

ALM

October 30, 2009

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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.

 

See which law firms are on The Layoff List.

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

Cooley Lays Off 58 Staffers

Industry Fallout Results in Trend of New Small Firms

The 2009 Global 100: The Great Game

Survey Shows Summertime Blues for Summer Associates

Clients Sued by Firms for Fees Retaliate With Malpractice Suits

Chadbourne Defers the Already Deferred

Tales of the Recession's Effect on the Legal Profession

Townsend to Cut Pay, Go Off Lockstep

Allen & Overy Ordered to Rehire Associate After Unlawful Dismissal Ruling

Arent Fox Rescinds Offers for Some Deferred Associates

Jones Day: Lehman Judge OK'd Barclays Sale Based on 'Inaccurate Record'

Lost Weekend: Lehman's Collapse

Judge Rejects SEC, BofA Settlement Over Merrill Takeover

'Say on Pay' Legislation Gains Momentum

Eversheds to Shed as Many as 117 Jobs

Latest Sonnenschein Layoffs Cut Partners, Too

Drinker Biddle Makes Offers to Two-Thirds of Summer Class



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