Twenty Percent of the Am Law 200 Are Issuing Cutbacks

by Traverse Legal, reviewed by Enrico Schaefer - November 18, 2008 - Uncategorized

The American Lawyer and its sibling publications are tracking the woes of the largest large firms in America.  One article called “The Layoff List” contains a comprehensive list of news articles about Am Law 200 law firms who are firing or laying off employees over the last seven months or so.  Legal services are about to undergo a transformation, not by choice, but by circumstance.  Just as a forest fire clears land for new growth, the global economic collapse swirling around us will clear fertile soil for the growth of new and innovative law firms.  Will your firm be part of the discussion?

The Layoff List

Employment shifts at The Am Law 200.

Incisive Media

November 13, 2008

These days Wall Street's woes seem to equal law firms' losses. As business dries up in certain practice areas, firm managers are facing tough decisions. The American Lawyer and its sibling publications present ongoing coverage of law firm layoffs and related news.

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The Firms
 

BALLARD SPAHR ANDREWS & INGERSOLL
Law Firms See More Layoffs, Departures of Staff and Associates
The Legal Intelligencer
June 5, 2008

BELL BOYD & LLOYD
Chicago's Bell Boyd & Lloyd Lays Off 10 Associates
The National Law Journal
Nov. 3, 2008

Bell Boyd Confirms Layoffs
Above the Law
Oct. 30, 2008

BINGHAM MCCUTCHEN
Bingham McCutchen Lays Off 10 Staff Members
The Wall Street Journal Law Blog
July 30, 2008

Bingham Lays Off San Francisco Bay Area Staff
The National Law Journal
May 21, 2008

BLANK ROME
Law Firms See More Layoffs, Departures of Staff and Associates
The Legal Intelligencer
June 5, 2008

CADWALADER, WICKERSHAM & TAFT
Cadwalader Lays Off 96 More Lawyers
The American Lawyer
July 30, 2008

Cadwalader Laying Off 35 in Wake of Slumping Markets
New York Law Journal
Jan. 10, 2008

CLIFFORD CHANCE
With '01 in Mind, Law Firms Alter Layoff Strategy
The National Law Journal
Oct. 29, 2008

DECHERT
Dechert Chairman: Layoff Rumors Are 'Bull'
The Legal Intelligencer
Oct. 22, 2008

Layoffs Hit Dechert Following Record Financial Year
The Legal Intelligencer
Feb. 29, 2008

DEWEY & LEBOEUF
Dewey & LeBoeuf Closes Charlotte Office
Above the Law
Oct. 20, 2008

Dewey Stay or Dewey Go? D&L Decamps from Hartford, Austin, Jacksonville
Above the Law
April 4, 2008

DLA PIPER
DLA Review Sees Five Lawyers Redundant
The Lawyer
Aug. 4, 2008

DUANE MORRIS
Duane Morris Lays Off Additional Staff
The Legal Intelligencer
Aug. 22, 2008

FRESHFIELDS BRUCKHAUS DERINGER
Freshfields Lays Off Real Estate Associates
Legal Week
Sept. 22, 2008

FRIED, FRANK, HARRIS, SHRIVER & JACOBSON
Fried Frank Trimming ‘Less Than 10 Percent’ of Firm’s Staff
The Wall Street Journal Law Blog
Aug. 20, 2008

HELLER EHRMAN
Big Wave of Layoffs Hits Heller
The Recorder
Oct. 17, 2008

Mass Layoffs at Heller
The Recorder
Oct. 13, 2008

HOLLAND & KNIGHT
South Florida Law Firms Feel the Real Estate Slump
The National Law Journal
May 29, 2008

HUNTON & WILLIAMS
Hunton & Williams to Redeploy Charlotte Associates
The American Lawyer
May 16, 2008

JENNER & BLOCK
Jenner & Block Shows 10 Partners the Door
The National Law Journal
Oct. 21, 2008

KATTEN MUCHIN ROSENMAN
Layoffs Hit Attorneys, Staff at Katten and Sonnenschein Firms
The National Law Journal
Oct. 20, 2008

KAYE SCHOLER
Kaye Scholer Trims Five Secretaries
The Wall Street Journal Law Blog
May 22, 2008

LOEB & LOEB
Nationwide (Stealth) Layoff Watch: Shearman & Sterling and Loeb & Loeb
Above The Law
November 10, 2008

Loeb & Loeb Cuts Eight Associates
The National Law Journal
November 11, 2008

MCKEE NELSON
McKee Nelson Lays Off Attorneys and Staff; Co-Founder Optimistic
The Wall Street Journal Law Blog
Nov. 3, 2008

McKee Nelson Lays Off 17 Associates
New York Law Journal
Nov. 4, 2008

MILBANK TWEED HADLEY & MCCLOY
Milbank Didn't Fire 'All' Its Staff Attorneys
Above the Law
April 18, 2008

MOORE & VAN ALLEN
Moore & Van Allen Lays Off 20 Staff Members
Above the Law
Oct. 15, 2008

MORGAN & FINNEGAN
Nationwide Layoff Watch: Morgan & Finnegan
Above the Law
Aug. 21, 2008

O'MELVENY & MYERS
O'Melveny Cuts Associate, Staff Headcount
The National Law Journal
Oct. 27, 2008

Nationwide Layoff Watch: O'Melveny & Myers
Above the Law
Oct. 23, 2008

ORRICK, HERRINGTON & SUTCLIFFE
Orrick to Trim About 40 Lawyers, 35 Staff–“Unrelated to Performance”
The Wall Street Journal Law Blog
Nov. 13, 2008

Orrick's Baxter: In This Economy, No Practice Area is So Robust it's Bursting at the Seams
The Am Law Daily
Nov. 13, 2008

Orrick Lays Off Associates, Staff
The Recorder
Nov. 13, 2008

PATTON BOGGS
Pain at Patton Boggs
Texas Lawyer
July 2, 2008

PAUL, HASTINGS, JANOFSKY & WALKER
Paul Hastings Denies Reports of Layoffs
The American Lawyer
May 12, 2008

PILLSBURY WINTHROP SHAW PITTMAN
More About Pillsbury Winthrop (but at Least They Get iPhones!)
Above the Law
July 16, 2008

Pillsbury Winthrop Axes 15 in California?
Above the Law
July 14, 2008

POWELL GOLDSTEIN
Powell Goldstein Associates, Staff Feel the Pinch of Layoffs
Fulton County Daily Report
June 23, 2008

REED SMITH
Law Firms See More Layoffs, Departures of Staff and Associates
The Legal Intelligencer
June 5, 2008

SEYFARTH SHAW
Nationwide Start Date/Layoff Watch: Seyfarth Shaw
Above the Law
July 10, 2008

SHUTTS & BOWEN
South Florida Law Firms Feel the Real Estate Slump
The National Law Journal
May 29, 2008

SIMPSON THACHER & BARTLETT
Simpson Thacher Denies Layoffs Report
The American Lawyer
Aug. 12, 2008

SONNENSCHEIN NATH & ROSENTHAL
Layoffs Hit Attorneys, Staff at Katten and Sonnenschein Firms
The National Law Journal
Oct. 20, 2008

Sonnenschein Announces Layoffs — More Than 100 Legal, Nonlegal Jobs Cut
The American Lawyer
May 28, 2008

SUTHERLAND ASBILL & BRENNAN
Sutherland Trims Associate Ranks
Fulton County Daily Report
April 30, 2008

SYNNESTVEDT & LECHNER
IP Boutique's Fall Is Fox Rothschild's Gain
The American Lawyer
Aug. 27, 2008

TAYLOR WESSING
Taylor Wessing Becomes Latest Firm to Cut Jobs
Legal Week
Oct. 31, 2008

THELEN REID BROWN RAYSMAN & STEINER
Thelen Lays Off 26 Associates, 85 Staffers
The Recorder
March 20, 2008

WHITE & CASE
White & Case Lays Off 70 Associates
The Am Law Daily
Nov. 11, 2008

Nationwide Layoff Watch: White & Case Brings Layoffs into the Vault Top 20
Above The Law
Nov. 11, 2008
 
Divorce, Italian Style
The American Lawyer
Oct. 24, 2008

WINSTEAD
Winstead to Lay Off 20 in Dallas Office
The Dallas Morning News
Feb. 14, 2008

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Author


Enrico Schaefer

As a founding partner of Traverse Legal, PLC, he has more than thirty years of experience as an attorney for both established companies and emerging start-ups. His extensive experience includes navigating technology law matters and complex litigation throughout the United States.

Years of experience: 35+ years
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This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Enrico Schaefer, who has more than 20 years of legal experience as a practicing Business, IP, and Technology Law litigation attorney.