Pillsbury Winthrop Shaw Pittman

(Newser) - A venerable New York law firm is scrambling to do damage control after passengers on an Acela train heard about planned layoffs before the associates targeted for downsizing, Above the Law reports. A Pillsbury Winthrop honcho "was talking so loudly that I think most people in the car were...

(Newser) - The recession has begun to nip at the heels of New York's big law firms, reports the Wall Street Journal. Some firms are beginning to lay off associates, rescind offers to those coming out of law school, and scale back summer associate programs. It's all due to a slowdown in...