Sentences with phrase «firms cutting staff»

If you have been reading Legal Week and The Lawyer you will have seen numerous stories about even the very biggest law firms cutting staff, partners and associates — but there are signs of resurgence now.
News of big firm layoffs have gone from a few early drips and drabs just months ago to a daily torrent, with firms cutting staff and attorneys by the dozens.
Canadian firms cut some staff and lawyers but overall it was not the bloodbath seen in foreign markets.

Not exact matches

When former CN Rail CEO Paul Tellier told his staff that making a profit was necessary for the future survival of the firm, Amernic and Craig castigate him for ignoring the impact rail service cuts would have on small Canadian towns.
Ad tech firm Verve has quietly cut staff in a «rightsizing» that includes its sales VP Uber investor Pishevar takes another shot — this time legal — at Benchmark
Roughly half the staff at Odgers Berndtson Canada, one of this country's biggest search firms, resigned (or were cut loose, depending on whom you believe).
Iberdrola and Gas Natural, along with Vodafone's unit in Spain, asked staff to turn off computers or cut off Internet access in case they had been compromised, representatives from the firms said.
These firms can then juice profit margins by cutting staff.
United States private equity firm Kohlberg Kravis Roberts is understood to have made fresh soundings to major institutional shareholders in Treasury Wine Estates as the wine company prepares to cut about 100 staff by June 30.
United States private equity firm Kohlberg Kravis Roberts is understood to have made fresh soundings to major institutional shareholders in Treasury Wine Estates as the wine company prepares to cut about 100 staff.
In a statement denouncing the cuts to services, the CEO of the Trading Standards Institute, Leon Livermore, said: «We have a situation where trading standards teams in local councils are tasked with holding multi-million-pound firms to account, with just a handful of staff
Big firms are able to afford expensive advisors, consultants and lawyers, while HMRC has few staff members with deep knowledge of tax affairs and stands to lose employees and funding as spending cuts bite in the new year.
Donohue said instead of cutting resources to teachers and support staff who keep schools running, the state would be better off eliminating the financial perks school districts have been lavishing on law firms they hire to represent them against their workers.
FSB research shows that 44 per cent of small firms would take on more staff if the government cut national insurance, so such a measure would produce an environment for growth and help create much needed jobs.
Firms either cut corners by reducing costs, hiring cheap and inexperienced staff and failing to invest in infrastructure — or they just cancel the contract, as A4e has done.
We will accept it if and only if they pay their taxes — rich corporations and individuals - if and only if those firms are paying their employees decently... and we must ensure that as we reform welfare and we cut taxes we protect the hardest working and lowest paid - the retail staff, the cleaners who get up in the small hours or work through the night because they have dreams for what their families can achieve... The aspiring, striving, working people that Labour is leaving behind.
With fewer investors buying and selling individual stocks, brokerage firms have been forced to cut research staffs, which had long supplied information about small companies in hopes of generating trading commissions.
If a broker were really reputable, you'd expect them to provide you with prompt and satisfactory answers but a firm that cuts corners by employing untrained staff or that lacks insufficient methods to contact them can be pretty frustrating to deal with.
In contrast, while many large legal employers are cutting back on staff and salaries, there remain tremendous opportunities for law / business innovators — whether in solo law practice, legal outsourcing, virtual law offices, innovative medium and small firms, or non-law jobs in startup companies and nonprofits.
Setting aside for a moment the question of what kind of «partner» bails on his colleagues in a crisis in order to make more money, this is the harsh reality facing a lot of firms, many of which must have concluded that cutting «less productive» staff, associates or even partners is an existential choice.
And don't forget the firms that cut only or mostly staff.
BLM has begun a redundancy consultation affecting 29 Southampton staff in the latest round of job cuts for the firm.
This week on the legal - affairs podcast Lawyer2Lawyer: The failing economy is having an impact on law firms, and not just in the U.S. Firms are cutting staff and scrapping bonuses — and some law firms are even collapfirms, and not just in the U.S. Firms are cutting staff and scrapping bonuses — and some law firms are even collapFirms are cutting staff and scrapping bonuses — and some law firms are even collapfirms are even collapsing.
Their mission is to apply the lessons learned from years of litigation practice and courtroom battles to establish a cutting edge, creative, and focused trial firm employing state of the art technology, enthusiastic staff, and creative and driven attorneys.
Earlier today, the firm announced it is set to cut up to 200 support jobs from its UK offices — the equivalent of 18 % of its 1,100 UK support staff.
McGrigors has announced a large - scale cost - cutting programme that will see partners taking a reduced share of the firm's profits, staff agreeing to unpaid leave, and a firmwide salary freeze.
The cuts, which affected paralegals and administrative staff, were made in the firm's re-mortgage division.
If law firms are cutting staff or practice areas, counsel may have no choice but to look elsewhere, which is not necessarily what they prefer to do.
Last month the Scottish firm announced a large - scale cost - cutting programme that will see partners taking a reduced share of the firm's profits, staff agreeing to unpaid leave, and a firmwide salary freeze.
Dickinson Dees has cut 17 staff from its re-mortgage division as the credit crunch takes its toll on one of the UK's leading regional law firms.
Outside of the partnership, the firm is asking all staff to take two weeks» unpaid leave at some point between June and the end of September - equating to a pay cut of around 5 %.
Last November the firm announced that it was cutting 17 staff from its remortgage division.
Law firms responded to the economic downturn by laying off lawyers and administrative staff, cutting salaries, instituting hiring freezes, reducing and in some instances (temporarily) abolishing their summer associate programs — which also resulted in staggering unemployment numbers for law school graduates.
Maclay Murray & Spens is set to cut up to 30 jobs after announcing a redundancy consultation with both legal and support staff at the firm.
The Herald reports that the firm profited from its flexible - hours policy «by cutting turnover of professional staff to 5 percent in the latest year, half the industry average.»
A May 2012 report by Altman Weil Inc., «Law Firms in Transition,» found that with the exception of support staff, non-equity partners were the most likely position American firms will cut in the next Firms in Transition,» found that with the exception of support staff, non-equity partners were the most likely position American firms will cut in the next firms will cut in the next year.
Cross is the latest partner to leave KWM's European offices amid a wide - ranging restructure that has seen the firm move from 17 practice groups to three, cut around 15 % of its European partnership and axe 37 support staff.
The failing economy is having an impact on law firms, and not just in the U.S. Firms are cutting staff and scrapping bonuses — and some law firms are even collapfirms, and not just in the U.S. Firms are cutting staff and scrapping bonuses — and some law firms are even collapFirms are cutting staff and scrapping bonuses — and some law firms are even collapfirms are even collapsing.
«Closings, layoffs come to U.S law firms» «Wilson Sonsini cuts 113 jobs, freezes associate pay» «White & Case lays off 70 associates» «Orrick lays off 40 attorneys, 35 staff» «Cooley Godward fired 50 lawyers and 60... [more]
This week, Above the Law reported that, following major staff attorney cuts at Skadden, Arps, Slate, Meagher & Flom and Covington & Burling, law firm Paul, Weiss, Rifkind, Wharton & Garrison has now let go of as many as 45 staff attorneys since November 2008.
An ATL tipster says that the staff attorneys are being cut so that the firm can «have some work for 80 or so first years that just started who are already doing nothing but doc review and who should expect to be doing nothing but doc review for the foreseeable future.»
This round of cuts comes less than a year after the firm eliminated 25 members of its secretarial staff last April.
No surprise, law firms cut costs — mostly support staff and space — to push the cost line down and preserve margin.
The firm also announced cuts of 250 nonlegal staff, including paralegals.
Gibson Dunn & Crutcher today cut 36 staff positions at the firm's nine US offices.
According to the spokesperson, the firm has no plans to cut any attorneys or additional staff at the present time.
Several national firms with offices in the Denver area, such as Faegre & Benson, Ho gan & Hartson and Cooley Godward Kronish, went through attorney or staff cuts in the first quarter as layoffs accelerated.
Talented lawyers will continue to gravitate to firms that trust their lawyers to do good work without counting hours and that are willing to share the pain in bad times, while firms that fire staff, cut associates and de-equitize partners whenever the going gets rough will increasingly struggle.
By 30 April 2009 most law firms had substantially completed a round of cost cutting which saw trainee solicitors deferred, associates and support staff made redundant and partners either exited or reduced to a fix share or consultancy roles.
In the «new normal,» corporations and their in - house legal staffs exert downward pricing pressure on law firms and vendors for a number of reasons, including the new emphasis on cost - cutting and efficiency, the transparency of law firms» pricing and service offerings due to the ubiquity of the Internet, and the end of law firms» ability to convince clients that they and not the clients had all the answers.
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