US Firms Dominate Europe Buyout Tables
It’s a clean sweep for American firms at the top of the league tables for private-equity buyouts in Europe. The WSJ Deal Blog summarizes the Financial News report: New York firms Sullivan &...
View ArticleThis Week in BigLaw – 7/30/10
As summer programs around BigLaw wrap up, all eyes turn to offer rates. The rising 3L participants are looking to wrap up the golden tickets* of an offer of permanent** employment. (* – but don’t...
View ArticleThis Week in BigLaw – 8/13/10
For the lucky few who were able to secure jobs in the drastically reduced summer programs this year, the good news keeps on coming. Unlike last year, offers are coming in near the traditional rates...
View ArticleAkin Gump, Latham Alums Make MD at Carlyle Group
Private-equity powerhouse Carlyle Group announced its 2010 class of promotions, and two alumni of major firms were among the lucky 35 to grasp the brass rings. The lucky two promoted to managing...
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CFO Files Discrimination Suit Against Proskauer
Bettina Plevan (Proskauer Pic) From the WSJ Law Blog: Proskauer Rose has built a reputation as one of the nation’s leading defenders of employment discrimination suits. But now the firm is one the...
View ArticleO’Melveny Laying off 75 Staff, Sourcing Back Office
We’ve been beating this drum for a long time. Outsourcing is the latest vector for law-firm layoffs. Simple headcount reductions were just stopgap measures as firms struggled to survive through the...
View ArticleFreshfields Sacking 2 London RE Partners
Partner layoffs are rarely announced, as firms have typically gone to great lengths to protect their own – certainly more so than they did for the associates anyway. Most firms recognize that they...
View ArticleDewey Laying Off 5% of Attorneys, 6% of Staff
Above the Law smelled something fishy more than a week ago, but we suspect even they were surprised by Dewey & LeBoeuf’s announcement of significant layoffs. ATL has the full memo, but here’s the...
View ArticleClifford Chance Cuts 13 More
Thirteen capital markets and finance associates in London facing redundancy. The action is reportedly based on low attrition – which means they’re either replacing lower-performing junior and midlevel...
View ArticleBaker & McKenzie Closing San Diego, 19 Laid Off
Seven lawyers and twelve (minimum) staff getting severance packages. A spokesman for Baker & McKenzie said that partner Colin Murray will relocate to the firm’s San Francisco office, as will...
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