Jack Newsham writes about the New York legal community and the business of law, including law firm finance and management and the battle for talent. Email him at [email protected] and find him on Twitter @thenewsham.
April 20, 2020 | New York Law Journal
NY Firms' Promotions Rose Over Last Year, As Did Share of Female New PartnersIn the year before a pandemic disrupted the entire legal market, New York's biggest law firms continued expanding their classes of new partners.
By Jack Newsham
7 minute read
April 16, 2020 | The American Lawyer
John Pierce Denies Reports of Firm's Closure, Says Firm Laid Off Some Associates"Total fake news," says Pierce Bainbridge's founder about reports of the firm closing its doors.
By Jack Newsham
4 minute read
April 15, 2020 | New York Law Journal
3 More NY Firms Disclose Layoffs, FurloughsDavidoff Hutcher & Citron, Levene Gouldin & Thompson and Pryor Cashman laid off or furloughed a total of 115 lost jobs.
By Jack Newsham
5 minute read
April 15, 2020 | The American Lawyer
Crowell Cuts Pay, Citing COVID-19 Projections, Aiming to Avoid LayoffsPhilip Inglima, the firm's chair, said equity partners will take a temporary 25% compensation cut, nonequity partners will take a 20% cut, and associates and counsel will take a 15% cut and staff making more than $100,000 will also have their pay reduced.
By Jack Newsham
3 minute read
April 09, 2020 | The American Lawyer
Three Name Partners Leave Pierce BainbridgePierce, Bainbridge, Beck, Price & Hecht is now without Beck, Price and Hecht, as three name partners join a growing list of departures.
By Jack Newsham
4 minute read
April 09, 2020 | New York Law Journal
Davis Polk Promises to Pay, Hire Summer Associates While It Mulls Program's DetailsThe firm told its summer associates on Wednesday morning that it still hasn't decided how or whether to host the program, but whatever happens, it will pay them and offer them jobs.
By Jack Newsham
3 minute read
April 08, 2020 | New York Law Journal
Cahill Suspends Summer Associates Program But Offers 'Pay in Full' and Jobs Later OnThe New York firm is still on track to pay hundreds of thousands of dollars to summer associates stuck at home.
By Jack Newsham
4 minute read
April 07, 2020 | New York Law Journal
New York Lawmakers Decline Chance to Extend 'Look-Back Window' in Child Victims ActEven with lawyer advertising and press coverage of the CVA, many potential plaintiffs still haven't learned about the law or decided to come forward, an attorney said.
By Ryan Tarinelli | Jack Newsham
5 minute read
April 06, 2020 | New York Law Journal
2 Capital Region Firms in Merger TalksDespite a cooling law firm merger market, the Albany law firm Whiteman Osterman & Hanna said it's in talks to bring on most of the lawyers from McNamee Lochner.
By Jack Newsham
3 minute read
April 06, 2020 | New York Law Journal
An Emerging Entry in WARN Notices: Law FirmsAmong the scores of restaurants and hotels reporting layoffs, law firms are beginning to make job-cutting notices to the New York state government. They include two small firms last week.
By Jack Newsham
3 minute read
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