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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By Charlotte Weeks and Shauna C. Bryce, Esq.
About the Authors
Charlotte Weeks, a dual-certified career coach and résumé writer, is the President of Weeks Career Services, Inc. She specializes in helping executives find meaning in their work and advance in their careers.
Providing services of the highest quality, Charlotte begins by assessing each client’s needs and customizing individual solutions. These include writing effective career marketing documents as well as coaching on uncovering opportunities, preparing for interviews, and negotiating salary. She is also an international speaker and a past president of The National Résumé Writers’ Association.
Charlotte has served as a featured expert for media outlets including NBC, Time Magazine, and The Wall Street Journal. She is the author of “I Want to Work in an Association, Now What???: A Guide to Getting a Job in a Professional Association, Membership Organization, or Society”and featured author of “101 Ways to Enhance Your Career.”
For more information, visit: www.weekscareerservices.com
Shauna C. Bryceis a Harvard Law School-educated lawyer who was on the hiring committee of an Am Law 200 law firm. She’s an author of several books, a contributor on legal careers to Forbes, Bloomberg Law, the American Bar Association, Lexis/Nexis, and many more, as well as an affiliate member of NALP and a president emeritus of The National Résumé Writers’ Association.
As one of the country’s best known résumé writers and career coaches, Shauna’s also worked with some of the nation’s top attorneys, who’ve worked places like Google, Dreamworks, Major League Baseball, the U.S. Supreme Court, and the White House. She’s also helped those just starting their legal careers, including law students getting their résumés ready for on-campus interviews (OCIs), summer associate positions, law clerk positions, externships, internships, judicial clerkships, and first-year associate roles. She’s even coached Tier 4 law students to compete with students at Top 5 schools to land high paying jobs in Am Law 100 law firms.
For more information, visit www.brycelegal.com