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标题: [5/29] 汇总表在17 楼 Stroock, Stroock, and Lavan 降薪 [打印本页]

作者: JD@UVA 时间: 2020-3-28 20:44:56 标题: [5/29] 汇总表在17 楼 Stroock, Stroock, and Lavan 降薪

本帖最后由 JD@UVA 于 2020-5-31 03:42 编辑

目前虽然是解雇和降薪潮的开端，大家还是小心为上，千万别出啥差错。一是中美关系已是近乎敌对（至少是互相甩锅)；二是律师行业的客户就是美国老百姓、他们有自己对华裔的看法。WFH 比领救济好多了。祝各位好运！

:victory:

NOTICES:

*NEW March 27, 2020*

COVID-19. UPDATE

The New York Court of Appeals today announced that the New York State Bar Examination will not be administered on July 28-29, 2020 as previously scheduled. Click here to read the press release from the Court of Appeals dated March 27, 2020.

The State Board of Law Examiners will announce the new date for the exam and the dates for the application filing period as soon as it becomes available.

Further information will be posted on this website when available. Additional information regarding the impact of COVID-19 on the July 2020 bar exam is available on NCBE's website at: http://www.ncbex.org/ncbe-covid-19-updates/

The Board’s office is closed until further notice as a result of the ongoing COVID-19 crisis. Staff are not presently available to answer phone calls. However, the Board continues to closely monitor the situation. The health and safety of applicants, our staff and the proctors who administer the bar exam are of paramount importance to the Board.

The grading of the February 2020 UBE in New York is progressing despite the crisis. However, due to the closure of the Board's office, the release of the February 2020 UBE results may be delayed beyond the usual time period (that is, on or before May 1st). All candidates who sat for the February 2020 UBE should monitor their emails and this website for any updated information.

Please continue to monitor this website for updated information.

作者: JD@UVA 时间: 2020-3-28 20:49:14

因纽约市的疫情严重、股市动荡、不排除纽约律师事务所裁人或取消已经发出的 3L 聘书的可能。大家做好应对的准备。

Good luck!

作者: JD@UVA 时间: 2020-3-30 07:13:10

本帖最后由 JD@UVA 于 2020-3-30 11:57 编辑

Rumor has it that a law firm headquartered in Chicago is considering delaying the starting date for the incoming Class 2020 new hires from 3L's. These students would probably be given a choice of having a "gap year" before starting working at the law firm.

Similar hiring adjustments may be followed by other law firms, big or small. Buckle up, guys. We are going to have a bumpy ride.

The decision of postponing, if not cancelling, the law clerk's entry into the full-time positions, is reminiscent of the fates of the Class 2008, the lost class among 3L's. They never recovered. Many had to say good-bye to their legal careers.

A silver lining is that there is a slim chance that the rebound from the coronavirus setback may be a boom to the economy. The question is: when the boom starts . . .

作者: JD@UVA 时间: 2020-4-1 02:59:53

本帖最后由 JD@UVA 于 2020-4-1 04:53 编辑

Cadwalader Cuts Pay Across The Firm To Weather Pandemic

Cadwalader Wickersham & Taft LLP’s leadership announced Tuesday that the law firm is pausing partner compensation distributions and reducing associate and senior administrative staff pay by 25% in response to the economic uncertainty surrounding the COVID-19 pandemic.

In a firmwide letter to staff obtained by Law360, Cadwalader managing partner Pat Quinn explained that the law firm is reducing pay across the firm in an effort to proactively address the potential economic impacts the pandemic will have so that it can avoid layoffs down the road.

“The longer we wait to take action in response to the virus, the more difficult it will be for us to avoid much more drastic measures later on,” the letter said. “As a result, we must take a number of necessary steps at this time for the collective good and to ensure that we come out the other side on very sound footing.”

In addition to the delays in partner and senior counsel distributions and 25% pay reduction for legal staff and senior staff earning more than $100,000 a year, Quinn said that non-senior administrative staff will see a 10% reduction in pay. All of the changes are effective Wednesday and salaries will return to normal “as soon as circumstances permit,” he said.

“We know this is a big sacrifice. You should know that everyone at Cadwalader is being asked to sacrifice to achieve our goals of preserving the jobs of our colleagues and friends and ensuring that the firm rebounds from the crisis strong and poised to get back to normal,” Quinn said.

In a call with Law360, Quinn said he and his fellow leaders at Cadwalader believe the economic downturn associated with the coronavirus is different from other downturns and recessions in that it is a health crisis and was not created as a result of a financial collapse.

Because of that, he said, the firm wants to “keep the team together” and be ready to ramp back up again when business is back to normal.

“We are very confident there will be an end to this crisis and there will be a time in the near future where we’ll be all hands on deck and servicing clients’ needs the way we always have,” he said.

On Monday, another law firm announced measures aimed at proactively addressing the coronavirus crisis, while avoiding layoffs. Reed Smith announced that its leadership will slow partner cash distributions in the near term.

Also on Monday, Marshall Dennehey Warner Coleman & Goggin CEO G. Mark Thompson sent a firmwide email to attorneys and staff announcing that the firm will be suspending its 4% employer match to employee 401(k) contributions from May 1 through the end of the year in response to the economic fallout from the pandemic.

Others announced that they would be adjusting staffing levels as a result of the current situation.

Womble Bond Dickinson on Monday announced it had made the “hard decision” to furlough certain employees and let others go. Remaining staff and attorneys will see their pay cut by up to 10%, according to the firm, though those with lower levels of compensation will see smaller reductions.

Buffalo, New York-based Goldberg Segalla LLP made the decision last week to reduce its workforce, eliminating positions it said would not be necessary in the current environment.

Another New York firm, Belkin Burden Goldman LLP, also announced it would be making “adjustments to support staffing” in order to operate more efficiently, but that it has not laid off any attorneys.

--Additional reporting by Emma Cueto. Editing by Emily Kokoll.

Read more at: https://www.law360.com/

作者: JD@UVA 时间: 2020-4-1 03:02:16

As predicted, law firms which are cash-strapped would be among the first round of casualties of this coronavirus attack.

When you interview at a law firm, ask questions about their cash reserve and what would be their response when facing a down turn like what we have now.

作者: JD@UVA 时间: 2020-4-2 03:37:35

本帖最后由 JD@UVA 于 2020-4-2 07:48 编辑

Good News:

Hueston Hennigan, an elite law firm know for its generosity, gave each staff $1,000 bonus to work from home; and each attorney $500 at-home technology budget to work remotely.

Bad News:

Cullen & Dykman, a midsize New York law firm, has laid off or furloughed at least 30 people (attorneys and staff) and cut compensation for the remaining lawyers and staff by up to 20 percent or more.

Allen & Overy (planning to merge with O'Melveny & Myers), a Magic Circle firm, froze pay for associates and support staff.

Cooley decided to cut its 10-week summer associate program to 6-week, and the summers will receive less pay accordingly.

Sidley delayed the start date for its summer associate program for now, but will hand out the full pay as promised.

Baker Donelson slashed partner's salaries, furloughed some employees, executed a pay cut for the remaining employees of the firm.

Pryor Cashman furloughed associates whose workflow has been dried up.

Rivkin Radler slashed compensation by 20% across the board effective with the payroll period ending April 16, and the partners got NO pay in March.

Slaughter paused recruitment processes.

Linklaters had a hiring freeze.

CMS, one of the largest law firms in the world, stopped recruitment unless the candidate is superior.

White & Chase and Bird & Bird are considering similar moves.

作者: JD@UVA 时间: 2020-4-2 03:57:14

本帖最后由 JD@UVA 于 2020-4-2 07:45 编辑

An interesting data point:
Typically, between 35% and 50% of all law firm revenue is allocated to partners.

作者: 大蛇烷 时间: 2020-4-2 13:18:54

JD@UVA 发表于 2020-4-2 03:57
An interesting data point:
Typically, between 35% and 50% of all law firm revenue is allocated to p ...

对于这时的法学院计划安排，楼主有什么建议吧？

作者: JD@UVA 时间: 2020-4-2 21:14:04

本帖最后由 JD@UVA 于 2020-4-2 21:15 编辑

大蛇烷发表于 2020-4-2 13:18
对于这时的法学院计划安排，楼主有什么建议吧？

愚见：
０L：好好学习，考个LSAT高分。这个传染病，迟早会过去。三年以后，美国还是需要合格的律师。

１L：大规模发求职信。今年是不是有OCI都很难讲，而且即使有OCI，是不是所有大所都来也是问题。在这种＂最坏＂情况下，一定要全面出击，推销自己。

２L：如果已有 SUMMER ASSOCIATE 位置，恭喜了！尽力做好实习，搞好和领导及同事的关系，争得 RETURNING OFFER。同时给其它律师事务所发信求职，给自己搞双保险。没有 SUMMER ASSOCIATE 位置，比较尴尬。以前可以去PUBLIC SECTOR找个闲职位混一个暑假，但现在大部分法庭关门，没处去了。不过万一疫情提前结束，会有大量的案子涌入 DOCKET，当 PUBLIC DEFENDER或其助手也许会有很多机会。所以还是跟PUBLIC SECTOR 的雇主搞好关系，随叫随到。

３L：我没啥建议。这个就是个人运气了。能找到啥工作，先干上。这年头，有个工作就不错了。DC 四分之一的餐馆要关门大吉，餐饮业人员有９２％已经被解雇。DC 律师事务所还没听到动静，不过，是祸躲不过。律师行业也是服务型行业，没了客源，一样日子不好过。

祝好运。

作者: 屋檐下避雨 时间: 2020-4-2 21:29:59

请问一下楼主，对读完LLM打算回国的同学有什么建议呢？谢谢

作者: zhuyuping 时间: 2020-4-3 07:37:13

JD@UVA 发表于 2020-4-2 21:14
愚见：
０L：好好学习，考个LSAT高分。这个传染病，迟早会过去。三年以后，美国还是需要合格的律师。
...

请问楼主：对于2L，求职信大概什么时候发合适？是在实习快要结束时？

作者: hopefulcandidat 时间: 2020-4-3 13:18:26

天哪，这个裁员减薪列表太恐怖了:funk:

作者: 大蛇烷 时间: 2020-4-3 18:20:06

JD@UVA 发表于 2020-4-2 21:14
愚见：
０L：好好学习，考个LSAT高分。这个传染病，迟早会过去。三年以后，美国还是需要合格的律师。
...

很务实哈，谢谢前辈意见~

作者: JD@UVA 时间: 2020-4-4 12:59:38

屋檐下避雨发表于 2020-4-2 21:29
请问一下楼主，对读完LLM打算回国的同学有什么建议呢？谢谢

LLM: 我认识的LLM学生（UVa）一般都有工作经验，而且有中国的律师执照。所以他们一般学完了就回原单位工作了。少部分会直接转JD（本校或其它T14）；还有更少数是先回国、再考LSAT、再杀会美国读JD（T14）。

所以我对LLM学生的建议是（1）找国内或者亚洲的工作；（2) 考LSAT上JD、转学上JD。

LLM 毕业生找到美国律师事务所工作的，很少。今年估计更少。

祝好运。

作者: JD@UVA 时间: 2020-4-4 13:06:14

zhuyuping 发表于 2020-4-3 07:37
请问楼主：对于2L，求职信大概什么时候发合适？是在实习快要结束时？

实习期间就可以发；万一要 on-site 就请假。看今年的架势，估计就用 ZOOM、WebEx 这种 video conference 方式面试了。

不过发晚了，也没啥。3L 还可以接着找，就是机会会少些。我的美国同学有的做完 Summer Associate，不满意东家，会拒绝 offer，在3L 找工作。他们胆子大。后来找的律师事务所挺不错的。今年麻烦的是纽约和北加州都是疫区，不清楚6-8月份会怎样。

作者: zhuyuping 时间: 2020-4-4 13:14:05

JD@UVA 发表于 2020-4-4 13:06
实习期间就可以发；万一要 on-site 就请假。看今年的架势，估计就用 ZOOM、WebEx 这种 video conference ...

谢谢

作者: JD@UVA 时间: 2020-4-4 13:21:57

本帖最后由 JD@UVA 于 2020-5-31 03:39 编辑

Firm	Measures Taken	Who is Affected
Robinson Brog	Layoffs	Staff (unclear how many employees impacted)
Goldberg Segalla	Layoffs	Staff (“large numbers” impacted)
Belkin Burden Goldman	Layoffs Salary Cuts	Staff (about 2/3 of staff members laid off) Lawyers/Staff (salaries reportedly halved)
Womble Bond Dickinson	Layoffs Furloughs Salary Cuts	Lawyers/Staff (10% pay reduction for anyone making over $100K; lower percentage reductions in the $50-100K range and sub-$50K range)
Reed Smith	Salary Cuts	Lawyers (partners slowing down cash distributions)
Marshall Dennehey	Benefit Cuts	Lawyers/Staff (suspending 4% employer 401(k) match until 2021)
Cadwalader	Salary Cuts	Lawyers/Staff (partners to forego distributions during “peak months”; 25% pay cuts for associates; 25% pay cuts for admin staff making more than $100K; 10% pay cuts for admin staff making less than $100K)
Rivkin Radler	Salary Cuts	Lawyers/Staff (partners did not receive compensation in March; 20% pay cuts for associates and staff)
Pryor Cashman	Furloughs	Lawyers (applies to “associates whose workflow has been interrupted by the COVID-19 crisis”)
Baker Donelson	Furloughs Salary Cuts	Lawyers/Staff (partner draws and salary reduced; pay cuts across entire firm; some employees to be furloughed)
Allen & Overy (UK offices)	Salary Cuts	Lawyers/Staff (partners holding capital call and reducing profit distributions; associates and staff salaries frozen)
Cullen & Dykman	Furloughs Layoffs Salary Cuts	Lawyers/Staff (at least 30 people laid off or furloughed; up to 20% pay cuts for associates and staff)
Fross Zelnick	Salary Cuts	Lawyers/Staff (partners taking reduced draws; 15% pay cuts for associates and staff)
Curtis	Salary Cuts	Lawyers (25% pay cuts for associates)
Arent Fox	Salary Cuts	Lawyers/Staff (equity partner distributions reduced by 60% in March; 30% pay cuts for nonequity partnersl 30% pay cuts for counsel; 25% pay cuts for associates; 25% pay cuts for staff)
Loeb & Loeb	Salary Cuts	Lawyers/Staff (monthly draws reduced by 20% for capital partners; 15% pay cuts for income partners, senior counsel, of counsel, associates, senior staff; 10% pay cuts for paralegals and all other staff)
Blank Rome	Furloughs, Salary Cuts	Staff (firm has “furloughed a small number of support staff”; “no attorneys have been furloughed” at this time), temporary 15% compensation reduction for all employees
Clark Hill	Furloughs Salary Cuts Benefit Cuts	Laywers/Staff (salary cut for attorneys and staff; freeze on discretionary spending; revision of certain benefits (401k matching is suspended); furloughs of some employees)
Downey Brand	Salary Cuts	Laywers/Staff (20% salary cut for all employees for a four-month period ending July 31; equity partners have taken a hit as well)
Venable	Salary Cuts Furloughs	a sliding scale of pay cuts across the firm effective April 4, 2020--those making over $190,000 will see a 20% decrease, and furloughed some staff members until May 29, 2020.
Nixon Peabody	Furloughs, Salary Cuts	25% of staff members effective April 6, 2020, cutting 10% of non-partner attorneys; Associates: 10% cut
Bremer Whyte	Layoffs, Furloughs, Salary Cuts	Lawyers/Staff (about 15% of lawyers were either furloughed or laid off; about 20 percent of staff were furloughed; equity partners foregoing pay)
Norton Rose Fulbright	Hours reduction, salary cuts	Asked staff earning more than ￡45,000 to go to a four-day week and take a 20% pay cut at times when they are less busy. Those on lower salaries will be asked to take a pay cut of between 5% and 20% for the same reduction in hours.
Sullivan & Worcester	Furloughs, Salary Cuts	Lawyers/Staff (employees who can’t do jobs remotely were furloughed for 90 days with full benefits; 5% salary cut for all employees who make more than $66K; nonequity partners’ draws reduced by 10%; equity partners’ draws reduced by 20%)
Brown Rudnick	Furloughs, Salary Cuts	Lawyers (stealth associate furloughs; 7.5% annualized associate pay cut (aka 25% for several months); delay on payment of 2019 bonuses)
Winston & Strawn	Salary Cuts	Lawyers (partners reducing distributions by 50% for next 3 months)
Bryan Cave	Salary Cuts	Lawyers/Staff (15% pay cut for all employees making over $40K; 6-week to 6-month sabbaticals encouraged, where employees would receive 30% of normal salary)
Lowenstein Sandler	Salary Cuts	Lawyers (equity partners “substantially” reducing distributions)
Orrick	Salary Cuts	Lawyers/Staff (career associates: 5% pay cut; associates: 10% pay cut; managing/senior associates and most of counsel: 15% pay cut; partners, of counsel, executive staff: “deeper” cuts; more junior staff: 1% pay cut; more senior staff: up to a 15% pay cut; some staff will be asked to work reduced/four-day schedules)
Ice Miller	Salary Cuts Furloughs	Lawyers/Staff (35 staff members furloughed; temporarily adjusting salaries firmwide for anyone who makes more than $50K; partners reducing compensation)
Shook Hardy & Bacon	Salary Cuts, Furloughs	Equity partners are seeing the biggest cut — 90% of the upcoming draw (scheduled for this week) will be cut, and thereafter their monthly draws will be cut by 75%. Income partners will have their April salary cut by ~50% and future payment will be reassessed. Associates will take a 25% hit, and professional staff will see a 20% decrease in compensation
Dentons	Bonus Delays, Salary Cuts	Lawyers (2019 bonuses were due to be paid in full in April 2020; firm will pay 50% on schedule and delaying the second half until the second half of 2020); Partners: at least 20% cut on draws; employees earning over $60k: up to 20% cut (over $190k)
Day Pitney	Salary Cuts	Lawyers/Staff (15% pay cut for all attorneys and some staff; temporary reduction to 60% of normal working hours and pay for other staff; significant reductions to partner draws and suspension of scheduled April supplemental distribution)
Buchanan Ingersoll & Rooney	Salary Cuts	Lawyers/Staff (5% salary cut for associates; unknown cuts for staff; partners are taking an undisclosed but reduced share)
Fisher Phillips	Salary Cuts	Lawyers/Staff (20% pay cut for associates and salaried staff; 20% cut to hours for hourly staff; hourly staff who are unable to work remotely have been furloughed; undisclosed pay cut for partners)
Hodgson Russ	Salary Cuts, Furloughs, Benefits Cuts	Lawyers/Staff (partner draws reduced by more than 30%; 15% pay cut for all attorneys; 15% pay cut for all executives/director positions; 15% pay cut for all other employees; some employees will be furloughed; all 401(k) matching indefinitely suspended)
Goodwin Procter	Layoffs	Staff (about 50 staff members were laid off with healthcare benefits through September 30, 2020)
Baker McKenzie	Salary Cuts	all attorneys and business professionals making over $100,000 will see a 15% cut in salary; annual raises, usually scheduled for July 1 at the firm, will not happen
Mintz Levin	Salary Cuts	Lawyers/Staff (associates: 10% base pay cut, no discretionary bonus; base pay freeze, discretionary bonus pool will be reduced by 50%)
Kilpatrick Townsend & Stockton	Salary Cuts, Furloughs	Lawyers/Staff (5% pay cuts for associates and all non-partner salaried employees; staff who can’t work remotely have been furloughed)
Smith Gambrell & Russell	Salary Cuts	10% Salary cut for associates
Sheppard, Mullin, Richter & Hampton	Furloughs, Salary Cuts	furloughing 50 staff members; associates, special counsel and staff attorneys: 12% pay cut through the end of the calendar year
Duane Morris	Salary Cuts	15% Salary cuts for associates
Ballard Spahr	Salary Cuts	Non-partner employees who make between $75,000 and $250,000: 10% pay cut. Non-partner employees who make more than $250,000:15% pay cut. Partners cut their draws by 25%. No annual pay raise in July
Kelley Drye	Salary Cuts	Partner's draw: 20% cut. Across-the-board, prospective salary reduction of 10% for all other lawyers and employees earning over $100,000/yr
Greenspoon Marder	Salary Cuts, Layoffs	Firm wide pay cuts; 40 staff members and 5 attorneys were let go
Crowell & Moring	Salary Cuts	Equity partners: 25% cut; income partners: 20%; associates and counsel: 15% cut; and staff making over $100,000: 5-20%
Husch Blackwell	Salary Cuts, Layoffs; Furloughs	Equity partner draws: 15% cut; and managing directors and C-level executives:10%; Layoffs and furlough for both the attorney and staff ranks (up to 10% of the total headcount)
Ogletree Deakins Nash Smoak & Stewart	Salary Cuts, Unpaid Leaves; Canceled Summer Associate Program	equity partners (by 20 percent), associates (by 15 percent), and highly compensated staff (by 10 percent) for the remainder of 2020; Working hours reduced to 2 days/week
Hinshaw & Culbertson	Salary Cuts; Delaying Promotions and Raises	15% Cut across the firm for all employees making more than $55,000
Schiff Hardin	Salary Cuts; Layoffs	Attorney: 15-50% cut
Sandy Thomas	Salary Cuts	Associates: 15% pay cut; counsels: 10% pay cut
K&L Gates	Salary Cuts	Equity partners: 20% cut; Associates and other employees (with salaries over $75k): 15% cut
Norton Rose Fulbright	Salary Cuts	15% cut for all salaried employees making over $50k
Fragomen	Salary Cuts	Only for partners and Senior Associates, C-suite corporate leaders; no bonuses or pay raises
Stoel Rives	Hours Reduction; Salary Cuts; Furloughs	Partners: 20% cut; 20% pay reduction for associates, staff attorneys, and of counsel attorneys; Furloughed 10% of the staffs
Snell & Wilmer	Salary Cuts, Furloughs	Partners: 10% cut; the base salaries of non-partner attorneys are reduced by 10%
Foley Hoag	Salary Cuts	15% pay cut for associates and business professionals making $190,000+, a 7.5% cut for staff making $150,000-190,000
Seyfarth Shaw	Salary Cuts; Furloughs	Partners: 20% cut; Associates: 10% cut; furloughed 180 staff and 50 attorneys
Quarles & Brady	Salary Cuts, Furloughs	Partners: 15-30% cuts; Associates: 10% cuts; Staffs: 5-10% cuts; 30 staffs furloughed
Fox Rothschild	Salary Cuts	Associates and Partners: 10-15% cuts
Clyder & Co.	Furloughs	Staffs in UK are furloughed
Ashurst	Delayed 2019 bonuses; Salary Cuts	Partners: 20% cut; Associates: unspecified cut
DLA Piper	Salary Cuts; Delayed Bonuses	Partners: monthly draw reduced and quarterly distributions delayed; no pay raises for at least 6 months; year-end bonuses uncertain
Taft Stettinius & Hollister	Layoffs	Associates: cut 1.4% firm wide, staff headcount: cut 3.5% firm wide.
Clifford Chance	Salary Cuts; Delayed Salary Raises	Deferred its global partner distributions; Freezes salary reviews
Scahill Law Group	Furloughs	50 people were furloughed
McDermott Will & Emery	Layoffs (unconfirmed)	Both attorneys and staffs were laid off; even the whole department was cut (rumors)
Dinsmore	Layoffs; Furloughs	laid off and furloughed attorneys and staff
Nelson Mullins	Salary Cuts; Furloughs	associates will have a temporary 9% salary reduction per annum (ie ~13.5% gross reduction per remaining paycheck) starting with May 15 paycheck and going through December; staffs were furloughed
Akerman	Salary Cuts; Layoffs	equity partners: 35% cut to their draws; nonequity partners, of counsel making over $150,000: 25% cut; associates: 15% cut
Baker Botts	Salary Cuts; Incoming Class Delayed	Associates: 20% cut; Class 2020 will start in January 2021
Shearman & Sterling	Voluntary Leave	Asked volunteers to take a minimum of three months and a maximum of six months sabbatical at 30% of their current salary
Davis Wright	Salary Cuts	Partners: 15-25% cuts; associates: 12% cut; C-level executive: 15% cut
Manatt	Salary Cuts	Associates: 20% cut
Littler	Salary Cuts	Partners:20% cut; C-level executive making >%300k: 15% cut; tiered cuts on everyone else: between $200-$300K: 13%; between $100-$200K: 11%; etc.
Saul Ewing and Arnstein & Lehr	Furloughs; Layoffs; Salary Cuts	Layoffs/furloughs of associates and staff; about 25 non-partner attorneys out of work; Salary cuts (unclear)
Katten Muchin	Salary Cuts; Furloughs	Salaries for both attorneys and business professionals at the firm will be cut by up to 20% for those who make over $100,000
Squire Patton Boggs	Salary Cuts	Associates: 20% Cut; Staffs: 10-20%
Cozen O’Connor	Salary Cuts; Furloughs	Partners: 10-20% income delayed to later this year; Staffs: 2.5% furloughed
Pillsbury Winthrop Shaw Pittman	Salary Cuts	Partners: >25% cuts; associates: 20% cut; Staffs: up to 15% cuts
Vedder Price	Layoffs, Salary Cuts	Partners: 20% cut; Associates: 4% were let go, but no pay cuts to the remaining associates
Mayer Brown	Salary Cuts	Partners: suspended their distributions for the 1st half of 2020; all non-partner attorneys and staffs making over $200k/yr: 15% pay cut
Hogan Lovells	Salary Cuts	Bonuses will be paid out monthly, not in lump sums; U.S. equity partners: monthly draws cut by 15-20%; Non-equity partners: 15% cut; associates and staffs making over $100k/yr: 10-15% cuts
BakerHostetler	Salary Cuts	Associates: about 16%
Locke Lord	Salary Cuts; Furloughs	Partners: 15% cut; Associates: 10% cut; Staffs: 5% cut; Furloughed some staffs
Munck Wilson	Salary Cuts	Partners: 20% reduction; non-partner attorneys: 10% cut; exempt nonattorney directors and managers: 5%
Vedder Price	Layoffs	Laid off 4% of its attorneys and professional staff
Holland & Knight	Salary Cuts; Furloughs	Partners: 25% cut; Associates: 17.5% cut; Staffs: 10-15% cuts; some staffs furloughed
Pepper Hamilton	Salary Cuts	Associates: 20% cut
Eversheds Sutherland	Salary Cuts; Furloughs	Associates and staffs: on average 10% cuts, Staffs furloughed: about 40
Perkins Coie	Salary Cuts	Associates: 15% cut, staff making $200k: 15% cut, and staff making $125k-$200k: 10% cut
Faegre Drinker Biddle & Reath	Salary Cuts; Furloughs; layoffs	Firm wide: 15% cut; 15% of the employees are furloughed, 1.5% of employees were laid off
Finnegan Henderson	Salary Cuts	all employees making $150k+: 20% cut, those making $100k-150k: a 15% cut, those making $75k-100k: 10% cut
Dorsey & Whitney	Layoffs; Salary Cuts	Salary cuts are: 10-20% for income partners, 15-20% for of counsel, “generally” 15% for associates, 15-20% for management level staff making over $150k; an unspecified number of layoffs of both attorneys and staff
Troutman Sanders	Salary Cuts	Equity partners: at least 30% pay cut, Non-equity partners: at least 25%; Associates: at least 20%
Stroock, Stroock, and Lavan	Salary Cuts	monthly draws for equity partners: 20% cut; and monthly draws for contract partners: 15% cut; Associates: 15% cut; Staffs making $75,000+ : 15% cut

作者: JD@UVA 时间: 2020-4-4 14:04:04

本帖最后由 JD@UVA 于 2020-5-14 20:17 编辑

还在读法学院的同学，以后应聘的时候，能不去上面的律师事务所，就不去。前车之鉴啊。

能去就去下面的所：

Law Firm	COVID-19 Reactions
Skadden	Technology reimbursement for home offices. The tech includes a new laptop, two monitors, wireless keyboard/mouse, and a printer (with toner and paper).
Fried Frank	A one-time technology stipend of $350 to be paid in paychecks to all staff and associates dated April 15, 2020
Debevoise	A $500 tech allowance to associates payable on the first April check
Willkie	Offer to ship to associates any office tech – monitors, printers, keyboards, mouse, Cisco phones, and any other accessories
Milbank	A $750 tech stipend to improve home offices of associates
White & Case	A $250 tech stipend for anything that’s easier for associates
Weil, Gotshal & Manges	Associates will get a reimbursable tech budget of $250
Latham & Watkins, LLP	Confirm that there will be no pay cuts or layoffs
Quinn Emanuel Urquhart & Sullivan	Technology stipends
Shearman & Sterling	No plan for any furloughs or salary reductions
Morrison Foerster	Confirm that they has not touched its line of credit in nearly a decade
Wilson Sonsini Goodrich & Rosati	Confirm that they has not touched its line of credit since 1960's
Vinson & Elkins	No plan for any furloughs or salary reduction
Ropes & Gray	$500 technology stipend every three years
Kramer Levin	Existing tech budget (50% reimbursement of up to $2000 cost every three years) still valid. If exhausted, can get 50% reimbursement of up to $400 cost of next three-year period
Paul Hastings	Decision to create a pandemic fund meant to benefit staff, associates, and any non-partner lawyers who have been harmed directly by COVID-19 or have suffered from its consequences. The firm will match all contributions to the fund made firmwide.

作者: zhuyuping 时间: 2020-4-5 11:51:01

谢谢楼主分享

作者: JD@UVA 时间: 2020-4-6 01:04:56

The legal industry lost 1,700 jobs in March, before law firms began to announce layoffs and furloughs in response to the COVID-19 pandemic.

作者: hopefulcandidat 时间: 2020-4-6 10:39:05

JD@UVA 发表于 2020-4-6 01:04
The legal industry lost 1,700 jobs in March, before law firms began to announce layoffs and furlough ...

请问这句话里的“before”怎么理解？1700个岗位的消失，不就是律所layoffs和furloughs造成的吗？为什么说在律所layoffs和furloughs之前，就消失了1700个岗位？

作者: JD@UVA 时间: 2020-4-6 11:13:09

本帖最后由 JD@UVA 于 2020-4-6 11:14 编辑

hopefulcandidat 发表于 2020-4-6 10:39
请问这句话里的“before”怎么理解？1700个岗位的消失，不就是律所layoffs和furloughs造成的吗？为什么说 ...

"Friday’s monthly jobs report from the U.S. Bureau of Labor Statistics showed a decline of over 700,000 jobs during the first two weeks of March, including 1,700 in the legal industry. Given the nearly 10 million unemployment claims in the last two weeks, the new figures offer just a small glimpse of the job losses ahead."

The first reported layoffs due to the COVID-19 pandemic was March 20, 2020.

作者: hopefulcandidat 时间: 2020-4-6 11:28:33

JD@UVA 发表于 2020-4-6 11:13
"Friday’s monthly jobs report from the U.S. Bureau of Labor Statistics showed a decline of over ...

理解了，那就是3月20日之前已经有1700个岗位被裁员了。

谢谢。

作者: hopefulcandidat 时间: 2020-4-9 11:45:47

本帖最后由 hopefulcandidates 于 2020-4-9 11:47 编辑

Nixon Peabody 的“cutting 10% of non-partner attorneys”就是结结实实地裁员了吧？:mad

作者: JD@UVA 时间: 2020-4-9 11:47:41

Nixon Peabody already announced massive staff layoffs (25%), and now lawyers are also seeing the axe. The firm is cutting 10% of non-partner attorneys--approximately 5% layoffs (with three months of health insurance) and 5% furloughs (presumably with full benefits).

作者: hopefulcandidat 时间: 2020-4-9 13:54:39

JD@UVA 发表于 2020-4-9 11:47
Nixon Peabody already announced massive staff layoffs (25%), and now lawyers are also seeing the axe ...

如果身上背着学贷房贷，那真的太惨了

作者: JD@UVA 时间: 2020-4-9 21:35:19

hopefulcandidat 发表于 2020-4-9 13:54
如果身上背着学贷房贷，那真的太惨了

同意。据说申请减缓还贷款利息的申请也暴涨了。另外最近三周接近一千六百万（！）美国人申请首次失业救济，失业率彪升已成定局。美国有一半的家庭，银行存款几乎没有。没有政府救济，能否挺过俩月的零收入，真不好说。

相对而言，华裔的经济状况好多了。不过餐饮业和其它服务性行业受冲击巨大。能不能熬过去，就看是否资金雄厚了。

作者: JD@UVA 时间: 2020-4-11 02:29:46

Even mega firm of Dentons has some cost-cutting moves on the horizon. It is reported that the 2019 bonuses, which were due to be paid in full in April 2020, will be delayed in part. The firm is paying 50% of attorneys’ 2019 bonuses on schedule and delaying the second half until the second half of 2020.

Folks, even Dentons is short on cash!

作者: hopefulcandidat 时间: 2020-4-11 15:15:13

JD@UVA 发表于 2020-4-11 02:29
Even mega firm of Dentons has some cost-cutting moves on the horizon. It is reported that the 2019 b ...

coz clients don't make payments ?:lol

作者: JD@UVA 时间: 2020-4-11 23:37:29

本帖最后由 JD@UVA 于 2020-4-11 23:57 编辑

hopefulcandidat 发表于 2020-4-11 15:15
coz clients don't make payments ?

Precisely! Law firms may not have much liquidity (cash) if they heavily depend on the monthly payments from clients to pay for the law firm's operation.

作者: hopefulcandidat 时间: 2020-4-13 11:27:37

每天都来看看，感谢楼主及时更新！

作者: JD@UVA 时间: 2020-4-16 21:28:40

本帖最后由 JD@UVA 于 2020-4-16 21:32 编辑

今年的 lateral hiring 至少在律师楼这块儿会很少。去 in-house 的另说。Recruiter 的收入会减少。2L, 3L students would face a reality check for their career choices.

看了这列表里面如此之多、叫得出名字的律师事务所，我的腿都发抖啊。敲木头。

作者: JD@UVA 时间: 2020-4-21 04:11:59

今天美国期货市场上的石油的价格都是负值了。律师的就业市场也不乐观。

作者: sxyrylqq 时间: 2020-4-30 09:00:51

更新辛苦了！

作者: JD@UVA 时间: 2020-5-2 05:48:03

今天是劳动节啊！祝还在辛勤工作的律师、法学院学生们：节日快乐。

如果你不幸被疫情打击到了：无论是健康上还是职业上，祝你尽快康复！

作者: JD@UVA 时间: 2020-5-3 20:40:20

目前美国大型企业解雇、停止招聘、继续招聘情况汇总：

Layoffs so far:
============
20% UBER
17% LYFT
40% JUUL
25% Tripadvisor
20% Zipcar
13% Patreon
20% GoPro
45% Eventbrite
44% Groupon
13% Cargurus
35% Opendoor
20% Zume
UD CircleCI
UD Cisco
17% Yelp
50% GE Aviation
12% Expedia
10% Zoox
50% Tesla (Sales Team)

Hiring freeze:
============
Google + intern offers rescinded
Visa
Apple
Netflix
Airbnb + intern offers deferred to 2021
PwC
Oliver Wyman
Deloitte
EY
Kayak
Expedia
Booking. com
Tesla
Cox Automotive
Hulu
Disney
Adobe
Wipro

Actively Hiring:
=============
Zoom
Facebook
Twitch
Twitter
Twilio
Roblox
TikTok
Qualcomm
PUBG
Paypal
Palantir
Nvidia
Northrop Grumman
Medtronic
Lockheed Martin
eBay
Doordash
DocuSign
Amazon

作者: JD@UVA 时间: 2020-5-7 20:27:07

A top 10 law firm (Hogan Lovells) and a top 20 law firm (Mayer Brown) just announced that they will cut salaries for its attorneys.

The recession is real and the outcome is brutal. Please hunker down or buckle up, my friends. It's a bumpy ride from now on and it may last until next year!

Best wishes to all of you!

作者: JD@UVA 时间: 2020-5-14 20:24:08

我们律所说：正在考虑如何重开；会在办公室配备个人防护用品、严格执行 social distancing；分批让律师回去。但如果雇员有个人原因不想回去，可以继续在家远程上班。其中一条是如果员工乘公共交通工具上班，可以继续留在家里。

作者: hopefulcandidat 时间: 2020-5-16 22:49:17

JD@UVA 发表于 2020-5-14 20:24
我们律所说：正在考虑如何重开；会在办公室配备个人防护用品、严格执行 social distancing；分批让律师回去 ...

其实律师的工作从本质上确实是可以WFH的

作者: JD@UVA 时间: 2020-5-20 20:26:53

本帖最后由 JD@UVA 于 2020-5-20 20:31 编辑

最近美国的一次市场调查：２０８名执业律师和２４００名法律用户；问他们因疫情影响，生意如何？

According to the lawyers surveyed, 95 percent of surveyed firms are still accepting new clients. However:

About 81 percent of surveyed firms have seen decreased revenues
- Of those, 27 percent report their revenue has decreased by more than half since the start of the pandemic
- More than 18 percent of firms were forced to shrink their staffs through layoffs and furloughs
Just 5 percent of law firms have increased marketing expenses during the pandemic

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