Bloomberg Law
Sept. 9, 2020, 12:45 PM

Wake Up Call: Cleary Makes Layoffs; More Firms Restore Pay Cuts

Rick Mitchell
Rick Mitchell
Freelance Correspondent

In today’s column, legal consultancy Altman Weil said firms should get a “head start” on their year-end compensation plans; Paul Weiss advised GM on its $2 billion electric truck deal with startup Nikola; a consortium of eight law schools led by Black women deans is holding a teach-in on racism and injustice in the legal profession; Working Mother magazine announced its latest list of “60 best” firms for women.

  • Leading off, Cleary Gottlieb last week became the latest entry in this fall’s season of layoffs unfolding in Big Law. Cleary showed its seriousness about reducing staff by making its voluntary ...

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