November 10, 2009 5:43 PM

Covington Freezes Salaries Outside New York

Covington & Burling wasn't among the Am Law 100 firms to cut or freeze salaries last year or so far in 2009. That changed today, when the firm announced it would freeze associate salaries in offices outside of New York City.

11/10/09 Posted by Zach Lowe

Day Pitney Cuts 29 Staffers, Goodwin Procter Lays Off 21 Associates

After losing 5,800 jobs in October, the legal industry took another hit the first week of November.

11/10/09 Posted by Claire Zillman

Reed Smith Sets First-Year Associate Salaries, Reduces Billing Rates

Reed Smith has unveiled a new scale that slashes salaries for 51 first-year associates starting in January by 20 percent. The move comes two weeks after the firm announced it would revamp its associate model by doing away with year-based classes and moving to a competency-based compensation system.

11/10/09 Posted by Brian Baxter

Ashurst Taps Six Am Law Firms for New Referral Network

Akin Gump, David Polk, Paul Weiss, Ropes & Gray, Schulte Roth and Quinn Emanuel will serve as the U.K. firm's referral partners in the U.S. The move comes eight months after Ashurst broke into the U.S. market by acquiring 32 McKee Nelson lawyers.

11/10/09 Posted by Claire Zillman

Mayer Brown's Touch-Up Job

Dinged by scandal and internal conflict, Mayer Brown tries to freshen up. Will more streamlined management and a new focus on the firm's "global platform" do the trick? From the November issue of The American Lawyer.

11/10/09 Posted by Dimitra Kessenides

November 9, 2009 11:54 AM

Law Firms Cautious About ACC Ranking System

Firms aren't exactly thrilled with the Association of Corporate Counsel's new system allowing in-house lawyers to rank outside firms.

11/09/09 Posted by Zach Lowe

2009 Lawyer Head Count Suffers Worst Decline in Three Decades

According to the latest NLJ 250--a survey of head count at the largest law firms in the country published by the National Law Journal--the total number of attorneys working at the top 250 firms this year plunged by 5,259 lawyers.

11/09/09 Posted by Dimitra Kessenides

November 4, 2009 4:02 PM

It's Not All Layoffs at Latham as Firm Promotes 23 to Partner

The firm announced Wednesday that it is promoting 23 associates to the partnership ranks and 13 others to counsel. 

11/04/09 Posted by Zach Lowe

Neal Gerber Partners Counterpunch in General Growth Heiress Suit

A suit filed over the summer raised ethical questions about two Neal Gerber partners who handled the affairs for the family behind the General Growth real estate empire. Those partners have now fired back, according to sibling publication The National Law Journal. 

11/04/09 Posted by Zach Lowe

November 3, 2009 6:38 PM

Scott Rothstein Returns to 'Fraud Lauderdale'

The former name partner at Rothstein Rosenfeldt Adler who turned up in Morocco amidst allegations that he bilked investors out of more than $200 million through a side business, returned to South Florida hours before a hearing on Tuesday to determine control of his firm, the Daily Business Review reports.

11/03/09 Posted by Brian Baxter