Credit: freshidea/Adobe Stock Proskauer Layoffs Underscore String of Big Law Cuts in 2023
The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
December 18, 2023 at 05:00 AM
8 minute read
Law Firm Management
The original version of this story was published on The American Lawyer
Proskauer Rose silently cut more than 20 business professionals in August, according to sources familiar with the firm's operations. It's one of the latest reminders that law firms have been trimming their payrolls throughout the year, despite big salary raises in the associate ranks lately.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
- Katten Muchin Rosenman
- Bryan Cave Leighton Paisner
- Cadwalader Wickersham & Taft
- Fenwick & West
- Choate, Hall & Stewart
- Cravath, Swaine & Moore
- Cooley
- Linklaters
- K&L Gates
- Fragomen, Del Rey, Bernsen & Loewy, LLP
- Gunderson Dettmer Stough
- Procopio, Cory, Hargreaves & Savitch
- Lowenstein Sandler
- Allen & Overy
- Orrick, Herrington & Sutcliffe
- Eckert Seamans Cherin & Mellott, LLC
- Shearman & Sterling LLP
- Dechert
- Proskauer Rose
- Davis Wright Tremaine
- Ropes & Gray
- Stroock & Stroock & Lavan
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 4What We Know About the Kentucky Judge Killed in His Chambers
- 5'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
