Monday BigLaw Merry-Go-Round (Apr 13, 2020)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"DLA Piper Furloughs UK Staff As Linklaters Scraps Next Profit Distribution," Law.com International
"Eversheds Sutherland Furloughs 39 Staff, Delays Bonus Reviews and Creates Hardship Fund," Law.com International
"Taylor Wessing Furloughs Staff and Suspends Distributions in UK," Law.com International
"HSF Latest to Reduce Partner Profits, Suspend Salary Reviews," Law.com International
"Freshfields Suspends Partner Payout in Virus Response," Law.com International
"Davis Polk Promises to Pay, Hire Summer Associates While It Mulls Program's Details," Law.com
"Cahill Suspends Summer Associates Program But Offers 'Pay in Full' and Jobs Later On," New York Law Journal
"Orrick Cuts Salaries, Delays First-Year Associate Start Dates to 2021," Law.com
"The Case for Saving Summer Programs," The American Lawyer
"Thoughts on Alternatives to Canceling Summer Programs," The American Lawyer
"Remote Work and Cost Concerns Prompted FordHarrison's Cancellation of Summer Program," Daily Report
"Nixon Peabody Keeps Mum on Reported Lawyer and Staff Layoffs," The American Lawyer
"Bryan Cave Cuts Pay for Partners and Employees, Taking 'Prudent Measures'," The American Lawyer
"Dorsey Caps Partner Draws, Furloughs a Fragment of Its Workforce," The American Lawyer
"Paul Hastings Launches Fund to Support Staff and Lawyers Hit by Coronavirus," The American Lawyer
"A Spike in Revenue, Followed by Pay Cuts: Arent Fox Reflects the Industry's Turn," The National Law Journal
"'There Isn't Going To Be a Magic Formula': How One Am Law 200 Firm Is Calibrating Cuts," The American Lawyer
"Small Law Firms, Solo Lawyers Strain for Relief in $350B Pandemic Loan Program," The American Lawyer
"Aiming for 'Some Sense of Certainty,' These Firms Committed to No Layoffs, Paycuts," The American Lawyer
"How Perkins Coie Went Fully Virtual in 10 Days," The American Lawyer
"Covid-19 Recovery Playbook: Managing a Law Firm in the First Phase of the Crisis," The American Lawyer
"What Law Firm Management Should Do After the Viral Peak," The American Lawyer
"How to Manage The Firm When Business Starts to Pick Back Up," The American Lawyer
"Pay Cuts, Layoffs, and More: How Law Firms are Managing the Pandemic," The American Lawyer
"As US Unemployment Soars, Legal Industry Hopes to Avoid Widespread Layoffs," The American Lawyer
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