One major Atlanta firm she didn’t mention was Sutherland Asbill & Brennan, which laid off about 15 associates, including eight in Atlanta. Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. Above The Law In your inbox. This week it was Eversheds letting go 11 in its London real-estate practice, the firm’s third round. We had this whole piece written on the optimistic assumption that this would be the first full week without a layoff since the end of 2008. Dec. 12, 2008 Nationwide Layoff Watch: Seyfarth Shaw Above the Law July 10, 2008 . The Project Counsel Group (of which The Posse List is a member) now has over 120,000 members world-wide. Last June, the firm was one of the first movers, when it laid off 20 attorneys and 30 staff. Within three weeks, the list went from six major California law firms that hadn’t had layoffs to two. Below are links to crowdsourced layoff lists created by other people.View site on a desktop to sort, filter, search. Subscribe and get breaking news, commentary, and opinions on law firms, lawyers, law schools, lawsuits, judges, and more. Law Shucks has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker.] Paul, Hastings, Janofsky & Walker said in March that it would cut 44 associates, or about 6 percent of its associate head count, and 87 staff from its U.S. offices. Dewey, Shearman Lay Off About 160 Support Staff The National Law … You can take a photo of the memo and attach as a picture if you are worried about metadata in a PDF or Word file. Atlanta 591 startups w/ layoffs ∙ 80009 employees laid off ∙ Since Mar 11, 554 startups w/ layoffs ∙ 57397 employees laid off ∙ Since Mar 11. This page is constantly updated — let us know if you see anything missing! Trowers & Hamlin, which is another small UK firm, had its third round of cuts. Registration or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. }). document.getElementById('numbers').style.display = 'none'; This time, 17 associates and staff. [LIVE] Tracking all tech startup layoffs since the coronavirus was declared a pandemic. above the law pay cuts tracker above the law pay cuts tracker. Companies are in reverse chronological order. } Future of Commercial Contracts – 12/18 Webinar, Qualified Immunity Explained: Three Legal Principles You Should Know, How to Work Remotely With Full Matter and Case Management Functionality, Win Clients and Cases with Legal Data – Webinar 12/10, Improve Client Intake and Gain Conversions – Webinar 12/2, Industry Report: Survival or Evolution Report. That’s across all of our listservs world-wide: advertising, artificial intelligence, cyber security, information technology/informatics, journalism, … The rapid spread of the COVID-19 pandemic across the globe has impacted virtually every facet of life. They’re too small for us to track and getting smaller (check the methodology), but Howard Kennedy is in redundancy consultation with up to 40 people – salaried (i.e., nonequity) partners, associates, and staff. If a memo has been circulated, please be sure to include it as proof; we like to post complete memos as a service to our readers. Most of those skew towards litigation, so perhaps there won’t be major cuts. Lawyers/Staff (equity partners seeing a 35 percent cut to their draws; nonequity partners, of counsel, and consultants making over $150K will have a 25 percent salary cut; consultants making less than $150K are getting a 15 percent pay cut; associates are seeing a 15 percent pay cut, as are staff making $150K+; staff making less than $150K are seeing a 10 percent cut; over 3 dozen attorneys, including partners and associates, have been laid off; unknown number of staff have been laid off), Lawyers/Staff (partners holding capital call and reducing profit distributions; associates and staff salaries frozen), Lawyers/Staff (equity partner distributions reduced by 60 percent in March; 30 percent pay cuts for nonequity partners; 30 percent pay cuts for counsel; 25 percent pay cuts for associates; 25 percent pay cuts for staff), Lawyers/Staff (partners have agreed to compensation reductions to absorb the bulk of the financial impact expected from the pandemic; counsel: 20 to 30 percent cuts (based on salary level); associates: 20 percent cuts; staff: 0 to 25 percent (based on salary level, staff making under $70K will be spared from the cuts)), Lawyers/Staff (partner draws and salary reduced; pay cuts across entire firm; some employees to be furloughed), Lawyers/Staff (partners will see unspecified reduced distributions; associates and staff (making more than $70K or $80K, depending on the market) will see a 10 percent cut, with a 15 percent pay cut for counsel), Lawyers/Staff (all U.S. attorneys and business professionals making over $100K will see a 15 percent cut in salary (10 percent salary cut for the same group in Canada; no salary cuts planned in Mexico); no annual raises; lower salary points will last from May 1 through December 31), Lawyers/Staff (10 percent pay cut for non-partner employees who make between $75K and $250K; 15 percent pay cut for non-partner employees who make more than $250K; partners draws reduced by 25 percent), Lawyers/Staff (about 2/3 of staff members laid off; salaries reportedly halved), Lawyers/Staff (firm has “furloughed a small number of support staff”; “no attorneys have been furloughed” at this time; temporary 15 percent pay cut “shared equally” by partners, associates, counsel, staff), Lawyers/Staff (about 15 percent of lawyers were either furloughed or laid off; about 20 percent of staff were furloughed; equity partners foregoing pay), Lawyers (stealth associate furloughs; 7.5 percent annualized associate pay cut (aka 25 percent for several months); delay on payment of 2019 bonuses), Lawyers/Staff (15 percent pay cut for all employees making over $40K; 6-week to 6-month sabbaticals encouraged, where employees would receive 30 percent of normal salary), Lawyers/Staff (5 percent salary cut for associates; unknown cuts for staff; partners are taking an undisclosed but reduced share; some staff furloughed, reported layoffs), Lawyers/Staff (partners to forego distributions during “peak months”; 25 percent pay cuts for associates; 25 percent pay cuts for admin staff making more than $100K; 10 percent pay cuts for admin staff making less than $100K), Lawyers/Staff (salary cut for attorneys and staff; freeze on discretionary spending; revision of certain benefits (401k matching is suspended); furloughs of some employees), Lawyers/Staff (global partner distributions have been deferred; salary reviews and raises have been frozen; bonuses will be paid, the timing of said payments may be delayed), Lawyers/Staff (equity partners will have between 10 and 20 percent of their compensation deferred; staff who are unable to work remotely (~5 percent of administrative staff) have been furloughed), Lawyers/Staff (25 percent compensation cut for equity partners; 20 percent compensation cut for income partners; 15 percent pay cut for associates and counsel; 5 to 20 percent pay cut for staff who make more than $100K (about 1/3 of staff members)), Lawyers/Staff (at least 30 people laid off or furloughed; up to 20 percent pay cut for lawyers and staff), Lawyers (25 percent pay cut for associates), Lawyers/Staff (substantially reducing the base draw amounts for a number of partners so that all partners now have the same base draw amount; temporarily limiting partner distributions to 75 percent of that base amount; deferring mid-summer distribution when partners would typically receive an advance against their year-end profit allocations; 15 percent salary cuts for associates, senior attorneys, and counsel; salaries for staff and managers: 15 percent cuts for those earning over $150K; 10 percent cut for those earning between $70K and $150K (no salary cuts below $70K)), Lawyers/Staff (quarterly equity partner distributions will be reduced; effective May 2 through year end, 15 percent pay cut for contract partners, 12 percent for associates, counsel, and of counsel, 15 percent pay cut for C-level executives, 6-10 pay cut for staff based on salary level (no reduction below $60K); temporarily furloughs for approx 8 percent of staff (those whose workflows have been disrupted or diminished due to reduced demand)), Lawyers/Staff (15 percent pay cut for all attorneys and some staff; temporary reduction to 60 percent of normal working hours and pay for other staff; significant reductions to partner draws and suspension of scheduled April supplemental distribution), Lawyers/Staff (at least 20 percent reduction in draws for all partners (with most highly compensated partners seeing much higher cuts); progressive salary cuts for lawyers and staff, starting at 0 percent and reaching 20 percent for those earning more than $190K (no cuts for those making less than $60K); 2019 bonuses were due to be paid in full in April 2020, and firm will pay 50 percent on schedule and delay the second half until the second half of 2020), Staff/Law Students (approximately 3 percent of staff have been laid off; summer associate program canceled (all will receive offers); incoming first-year associate class start date postponed to January 2021), Lawyers/Staff (a “portion” of partner distributions has been deferred; there have been a “small number” of layoffs (lawyers and staff); some staff have been “temporarily” furloughed), Lawyers/Staff (partners’ monthly draws reduced beginning on May 1; partners will defer quarterly distributions for three months; firm’s reduced profits will have an impact on partner pay; pay raises will not be awarded for the first half of the 2020-2021 financial year (possibly for entire year; bonus payments delayed; firm may ask some to temporarily reduce working hours or take sabbaticals), Lawyers/Staff (equity partner distributions have been capped; staff who cannot perform jobs remotely have been furloughed (less than 4 percent of all staff); 33 percent cut to firm contributions to employee retirement plans; 10-20 percent salary cuts for income partners; 15-20 percent salary cuts for of counsel; “generally” 15 percent salary cuts for associates (with opportunity for true-up at end of year); 15-20 percent salary cuts for management-level staff making over $150K; unspecified number of terminations (attorneys and staff)), Lawyers/Staff (20 percent salary cut for all employees for a four-month period ending July 31; equity partners have taken a hit as well), Lawyers (15 percent salary cut for associates and special counsel until 12/2020; 401K match suspended for the remainder of 2020), Lawyers/Staff (equity partners will “lead the way” when it comes to reduced compensation, taking smaller distributions; lawyers and staff will face a 10 percent pay cut on average (including bonuses); those who earn $50K or less will not have their compensation reduced; 40 staff members (about one-third of whom can’t do their work remotely) will be furloughed for three months’ time; start date for incoming first-year associates deferred to January 2021), Lawyers/Staff (equity partner distributions deferred by one-third for second quarter; firmwide reduction in pay of 15 percent for other lawyers effective May 1; professional consultant and staff pay has been reduced on a variable, compensation-based schedule, with no reductions for staff or consultants earning less than $50K, graduating up to a 15% reduction for the most senior employees effective May 1; less than 1.5 percent of firm personnel have been furloughed; 1.5 percent of total staff headcount subject to layoffs due to recent merger), Lawyers/Staff (all employees making $150K+ taking a 20 percent pay cut; those making $100K to $150K will see a 15 percent pay cut; those making between $75K and $100K will see a 10 percent pay cut; those making under $75K will go unscathed), Lawyers/Staff (20 percent pay cut for associates and salaried staff; 20 percent cut to hours for hourly staff; hourly staff who are unable to work remotely have been furloughed; undisclosed pay cut for partners), Lawyers/Staff (15 percent pay cut for associates and business professionals making $190K+; 7.5 percent pay cut for staff making $150K-190K; 20-30 percent pay cut for non-equity partners; equity partners have already taken compensation cuts of an undisclosed amount), Lawyers/Staff (tiered salary reduction of between 10 percent and 15 percent for all attorneys and staff earning above $100K takes effect in May (no reductions for anyone with a salary of $100K or less); equity partners are also reducing their monthly draws in tiers, between 10 percent and 20 percent, beginning in May; first-year associates will begin their employment in January 2021), Lawyers/Staff (salary reductions for all partners and senior C-suite corporate leaders; no bonuses or salary increases in 2020; firm has suspended its 401(k) matching program), Lawyers (quarterly partner distributions haven been suspended; global lawyer pay has been frozen and bonus decisions (typically made in April) will be postponed until September), Staff (firm is offering a voluntary buyouts to business services professionals (legal executive assistants and those working in information technology, marketing, recruiting and human resources units); those approved will receive one week of salary for every year they have worked for the law firm, a lump sum ($1,000 for every year they have worked for the firm), plus a full year of medical benefits through COBRA; payouts will be capped at 24 weeks), Lawyers/Staff (partners taking reduced draws; 15 percent pay cuts for associates and staff), Lawyers/Staff (firmwide salary cuts; 40 staff members and five attorneys have been laid off), Lawyers/Staff (15 percent salary cuts for all employees making more than $55K; retirement savings plan match suspended; mid-year reviews and salary adjustments delayed), Lawyers/Staff (partner draws reduced by more than 30 percent; 15 percent pay cut for all attorneys; 15 percent pay cut for all executives/director positions; 15 percent pay cut for all other employees; employees with little/no work who cannot work remotely will be furloughed; all 401(k) matching for employees indefinitely suspended), Lawyers/Staff (delaying bonuses and 2019 profit distributions for all partners; U.S. equity partners will reduce monthly draws by between 15 percent and 25 percent; all equity partners will defer half of any profits for first quarter of 2020 normally paid in August until November; non-equity partners will take a reduction starting June 1 of 15 percent in their base compensation; base compensation of counsel, associates, attorneys, specialists, and knowledge lawyers in the U.S. will be reduced as well (15 percent pay cut for certain highly compensated counsel and specialists; 10 percent pay cut for everyone else; 15 percent pay cut for senior counsel; no pay cuts for whose whose base compensation is $100K or less)), Lawyers/Staff (equity partners’ profit distributions will be reduced; salaried attorneys will see a 15 percent pay cut, beginning in June; employees who make between $60K and $99,999 will see a 5 percent pay cut; those who make under $60K will not endure pay cuts; firm has suspended the employer portion of their 401(k) matching program), Lawyers/Staff (partner draws reduced on average by approximately 25 percent under progressive scale (more highly compensated partners to absorb higher percentage reduction); 17.5 percent pay cuts for associates, counsel, and senior professionals; staff who earn more than $75K but less than $150K will have pay cut by 10 percent; staff who earn more than $150K will see pay cut by 15 percent; staff earning less than $75K will not be impacted), Lawyers/Staff (an undisclosed number of lawyers and staff were laid off on July 6 & 7; affected associates will receive three months’ severance pay and five free sessions with a recruiter to help them find another job), Lawyers/Staff (equity partner draws cut by 15 percent; salaries for all managing directors and c-level executives cut by 10 percent; 10 percent holdback of fixed compensation for income partners; about 10 percent of employees (lawyers and staff) either laid off or furloughed), Lawyers/Staff (35 staff members furloughed; temporarily adjusting salaries firmwide for anyone who makes more than $50K; partners reducing compensation), Lawyers/Staff (equity partners suspending monthly draws for two months (April and May) and received a draw in June but at a 25 percent reduction; salaries for lawyers and staff will be cut up to 20 percent for those who make over $100K (no one will have their pay reduced below $100K); no one who earns less than $100K will have salaries cut; on May 1, some staff and staff attorneys will be furloughed; some previously furloughed staff will be permanently laid off on August 1), Lawyers/Staff (equity partners’ draws reduced by as much as 20 percent; across-the-board 10 percent pay cut for all other lawyers and employees earning over $100K (no one subject will be cut below $100K annually); administrative staff salary increases postponed), Lawyers/Staff (20 percent reduction in scheduled advances for equity partners (with firm leaders taking even larger reductions); 15 percent pay cuts for income partners, associates, and allied professionals/staff (but salaries won’t go below floor of $75K)), Lawyers/Staff (20 percent cuts for equity partners and corporate management; 15 percent cuts for nonequity partners and non-attorney senior-level administrative employees with compensation of more than $300K; all other non-equity partners, principals, other attorneys, paralegals, and office and corporate administrative employees will have salary cuts on a sliding scale based on annual salary: up to $50K: 4 percent; >$50-$75K: 6.5 percent; >$75-$100K: 9 percent; >$100-$200K: 11 percent; >$200-$300K: 13 percent; all other employees who are unable to work remotely due to their job responsibilities will see their pay reduced by 50 percent), Lawyers/Staff (10 percent cut to associate salaries that began May 1 (anticipated to continue through end o 2020); staff who were unable to do their jobs remotely have been furloughed), Lawyers/Staff (monthly draws reduced by 20 percent for capital partners; 15 percent pay cuts for income partners, senior counsel, of counsel, associates, senior staff; 10 percent pay cuts for paralegals and all other staff), Lawyers (equity partners “substantially” reducing distributions), Lawyers (20 percent pay cut for all attorneys), Lawyers/Staff (suspending 4 percent employer 401(k) match until 2021), Lawyers/Staff (effective May 18, salaries for all non-equity lawyers and staff (who make more than $200K) will be reduced by 15 percent (most likely to last until the end of 2020); all other staff will have salaries reduced on a graduated scale, with no reduction for those making less than $30K; firm has created voluntary leave program, where those who take advantage of it will receive 25 percent of salary and benefits for up to 12 weeks leave, plus 10 percent more if they complete a certain number of pro bono hours; firm will be postponing the start date for their incoming associates to January 2021), Lawyers/Staff (associates and staff (administrative assistants, paralegals, long-term contract attorneys) reportedly subject to layoffs; some staff furloughed until July 2020), Lawyers/Staff (“of the temporary furloughs, two were full-time attorneys, including one associate”; “of the separations, one attorney was a principal and six were non-principals, including three associates”).
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