Today's Date: Add To Favorites
Top 250 Law Firms Collectively Shrank by 5,259 Lawyers
Legal Business | 2009/11/09 08:56

A survey of the nation’s top 250 law firms shows they collectively shed 5,259 lawyers in the past year, a drop of 4 percent.

The drop is the largest since the National Law Journal started collecting the information in 1978. The survey has recorded only two other declines—a drop of less than 1 percent in 1993, and a 1 percent drop in 1992, according to a National Law Journal story on the results.

The number of associates at the large firms dropped by 8.7 percent, while the number of partners increased by slightly less than 1 percent, the story says. The number of lawyers in the “other” category, including of counsel and staff lawyers, dropped by 8.9 percent.

The numbers indicate a law firm strategy of saving partners, according to law firm consultant Ward Bower of Altman Weil. “The cuts made were done primarily to preserve workloads for partners," he told the National Law Journal. "It suggests that work done by partners is work that associates could do.”

The law firm with the largest percentage reduction in lawyers was Fried, Frank, Harris, Shriver & Jacobson. It lost 168 lawyers, a decline of 26.4 percent, according to the article. The firm that lost the most lawyers in raw numbers was Latham & Watkins. It shrunk by 444 lawyers, a decline of 19.1 percent.

The largest law firm, according to the survey, is Baker & McKenzie, with 3,949 lawyers.



[PREV] [1] ..[3514][3515][3516][3517][3518][3519][3520][3521][3522].. [8292] [NEXT]
All
Class Action
Bankruptcy
Biotech
Breaking Legal News
Business
Corporate Governance
Court Watch
Criminal Law
Health Care
Human Rights
Insurance
Intellectual Property
Labor & Employment
Law Center
Law Promo News
Legal Business
Legal Marketing
Litigation
Medical Malpractice
Mergers & Acquisitions
Political and Legal
Politics
Practice Focuses
Securities
Elite Lawyers
Tax
Featured Law Firms
Tort Reform
Venture Business News
World Business News
Law Firm News
Attorneys in the News
Events and Seminars
Environmental
Legal Careers News
Patent Law
Consumer Rights
International
Legal Spotlight
Current Cases
State Class Actions
Federal Class Actions
New Hampshire courts hear 2 ..
PA high court orders countie..
Tight US House races in Cali..
North Carolina Attorney Gene..
Republicans take Senate majo..
What to know about the unpre..
A man who threatened to kill..
Ford cuts 2024 earnings guid..
Kenya’s deputy president pl..
South Korean court acquits f..
Supreme Court grapples with ..
Supreme Court leaves in plac..
Kentucky sheriff accused of ..
New rules regarding election..
North Carolina appeals court..


Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet.
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
Legal Document Services in Los Angeles, CA
Best Legal Document Preparation
www.tllsg.com
Car Accident Lawyers
Sunnyvale, CA Personal Injury Attorney
www.esrajunglaw.com
East Greenwich Family Law Attorney
Divorce Lawyer - Erica S. Janton
www.jantonfamilylaw.com/about
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
  Law Firm Directory
 
 
 
© ClassActionTimes.com. All rights reserved.

The content contained on the web site has been prepared by Class Action Times as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Affordable Law Firm Web Design