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Morning News Roundup for Friday

TGIF! This morning's top stories: Shearman & Sterling reports a 4.9% drop in revenues to $876 million for 2008, and…

According to the Legal Intelligencer, law firms are targeting the directors of their pro bono and diversity initiatives when time…

The meltdown of the legal services industry, in the wake of the financial meltdown, is hurting biglaw firms as they…

Pillsbury Winthrop Shaw Pittman has confirmed online rumors that the firm will be laying off an undisclosed number of attorneys…

Without announcement, Day Pitney is laying off 66 staff members across it offices today. No associates are expected to be…

Philadelphia's Dechert has become the latest Am Law 100 firm to announce a decline in revenues and profits for 2008.…

Tipsters to Above the Law report that "at least 50" lawyers and staffers have been laid off from Thompson Hine.…

Shearman & Sterling reports a 4.9% drop in revenues to $876 million for 2008, and a 9.6% fall in profits…

Good morning. Here are the top stories: Simmons & Simmons has announced a review that could lead to layoffs of…

Adorno & Yoss is expanding its Atlanta office at a time when many national firms are instituting hiring freezes or…

New York's Kramer Levin has confirmed it laid off 18 lawyers and 21 staff members. From managing partner Paul Pearlman:…

Law firm Cooley Godward Kronish has established a fellowship at Harvard Law School’s Cyber Law Clinic at the Berkman Center…