(312) 781-9000
22 Mar

Schiff Hardin Lays Off Associates After Partners Depart

by: Astor Professional Search

Schiff Hardin laid off seven current associates and retracted offers for four incoming associates yesterday, reports the ABA Journal.  This comes after the widely publicized mass exodus of 22 partners in January, which included Schiff’s former managing partner.

Luxurious and modern conference board room with chairs and table

Schiff isn’t the only big law firm that’s conducted massive layoffs this year.  Reed Smith and Baker Donelson have also cut large numbers of attorneys and support staff in the recent months.  In January, Reed Smith, the 19th highest-grossing law firm in the U.S. last year, laid off 45 attorneys and an unspecified number of staff, announced the Wall Street Journal.

Schiff Hardin managing partner Marci Eisenstein said in her statement that, despite the layoffs, the firm is “coming off a record year,” and are anticipating “another strong year in 2016,” (as reported by Above the Law).

author-bio-image author-bio-image
William Sugarman

William Sugarman is the president and founder of Astor Professional Search. He engages in the successful placement of attorneys with local, regional, and international law firms and corporations. Bill’s extensive legal and business development experience give Astor an edge over other legal recruiters nationwide. At the cornerstone of Bill’s strategic philosophy is providing the highest level of personalized attention to his clients and attorney candidates. This is also a key factor that separates Astor from other legal search firms, and it consistently delivers legal placements year after year.

Years of Experience: More than 20 years

Share it here
Related Posts
21 Oct Slower Billing Rate Increases May Boost Revenue Growth
Slower Billing Rate Increases May Boost Revenue...

As law firm billing rates are rapidly increasing overall, a new study shows that firms that raised their rates more slowly are start...

16 Jul Big Law Firms Continue to Dominate High-Rate Work, but Discounts Are Rising, Report Finds
Big Law Firms Continue to Dominate High-Rate Wo...

The American Lawyer released a recent report, conducted by LexisNexis’ legal pricing data service, CounselLink, which revealed ...

07 Sep Highlights: AmLaw National and Regional Midlevel Firm Rankings
Highlights: AmLaw National and Regional Midleve...

The American Lawyer released this year’s national and regional midlevel firm rankings, based on a satisfaction survey of associate r...