var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; googletag.cmd.push(function() { googletag.pubads().disableInitialLoad(); });
device = device.default;
//this function refreshes [adhesion] ad slot every 60 second and makes prebid bid on it every 60 seconds // Set timer to refresh slot every 60 seconds function setIntervalMobile() { if (!device.mobile()) return if (adhesion) setInterval(function(){ googletag.pubads().refresh([adhesion]); }, 60000); } if(device.desktop()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [728, 90], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } else if(device.tablet()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [320, 50], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } else if(device.mobile()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [320, 50], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } googletag.cmd.push(function() { // Enable lazy loading with... googletag.pubads().enableLazyLoad({ // Fetch slots within 5 viewports. // fetchMarginPercent: 500, fetchMarginPercent: 100, // Render slots within 2 viewports. // renderMarginPercent: 200, renderMarginPercent: 100, // Double the above values on mobile, where viewports are smaller // and users tend to scroll faster. mobileScaling: 2.0 }); });
Download App | FOLLOW US ON SOCIAL MEDIA
 Upload Your Resume   Employers / Post Jobs 

Cadwalader Hold on to Rainmaker While Profits Tumble

published November 26, 2008

By CEO and Founder - BCG Attorney Search left
Published By
( 3 votes, average: 4.1 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.
11/26/08

Cadwalader Hold on to Rainmaker While Profits Tumble

The Lawyer has reported that Cadwalader Wickersham & Taft's profits have dropped anywhere between 20% to 65%. Wall Street was buzzing last week about the firm possibly unraveling if rainmaker Dennis Block—whose book of business is worth a reported $60m—and litigation head Greg Markel leave the firm. Cadwalader recently lost managing partner Bob Link in a power play by Block and Market after Link's strategy caused the firm to significantly dip in profits.

Buchanan Ingersoll to Cut Administrative Staff
Pittsburgh-based firm Buchanan Ingersoll & Rooney confirmed that it has been cutting staff. Firm CEO Thomas L. VanKirk said the number of legal secretaries and other administrative staff will be more than 15 but less than 25—less than 2.5 of the firm's workforce. The terminations will occur in all 13 of the firm's offices and some offices will be more affected than others, according to VanKirk. The CEO also emphasized that the cuts had nothing to do with performance issues and that many of the positions would

Simpson Thacher to Cut Bonuses in Half
In what seems to be a trend at elite law firms, Simpson Thacher & Bartlett announced smaller year-end bonuses. The bonuses—which range from a pro-rated $17,500 for first-year associates to $32,500 for eighth- and ninth-years— match the reduced rates announced Thursday by Cravath Swaine & Moore. According to Philip Ruegger III, Simpson Thacher's chairman, the numbers were essentially half of last year's.

Alternative Summary

Harrison is the founder of BCG Attorney Search and several companies in the legal employment space that collectively gets thousands of attorneys jobs each year. Harrison’s writings about attorney careers and placement attract millions of reads each year. Harrison is widely considered the most successful recruiter in the United States and personally places multiple attorneys most weeks. His articles on legal search and placement are read by attorneys, law students and others millions of times per year.

More about Harrison

About LawCrossing

LawCrossing has received tens of thousands of attorneys jobs and has been the leading legal job board in the United States for almost two decades. LawCrossing helps attorneys dramatically improve their careers by locating every legal job opening in the market. Unlike other job sites, LawCrossing consolidates every job in the legal market and posts jobs regardless of whether or not an employer is paying. LawCrossing takes your legal career seriously and understands the legal profession. For more information, please visit www.LawCrossing.com.

published November 26, 2008

By CEO and Founder - BCG Attorney Search left
( 3 votes, average: 4.1 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.

Related