Search results
- Cozen O’Connor was working to avoid layoffs and associate salary cuts during the worst of the economic uncertainty caused by COVID, but they also put partner distributions on hold and furloughed some administrative staff members. Firm executive chairman and CEO Michael Heller confirmed that, as of July 1, partners’ pay checks were back to normal.
abovethelaw.com › 2020 › 07
Jan 9, 2023 · At the time, Heller said that Cozen O’Connor will “absolutely not” conduct layoffs (but it did cut its special bonuses last month, noting a decline in revenue).
- Staci Zaretsky
People also ask
How does Cozen O'Connor avoid a boom-bust recruiting cycle?
Could Cozen be merged with a larger firm?
How much money does Cozen make a year?
Jan 9, 2023 · Michael Heller, the CEO of Cozen O’Connor, said the Philadelphia-based Big Law firm purposely avoids the boom-and-bust hiring cycle common in the industry. That makes the firm well-prepared to avoid layoffs and even pursue growth opportunities during a possible recession.
- rstrom@bloomberglaw.com
- Reporter
This time Cozen O’Connor, a firm ranked 73rd on the 2020 Am Law 100, has made their stab at austerity measures. The good news is that compared to many other top firms, these measures aren’t too...
Michael Schmidt was quoted in Talent Management discussing the risks a CEO is making with a public statement about layoffs.
Cozen O’Connor was working to avoid layoffs and associate salary cuts during the worst of the economic uncertainty caused by COVID, but they also put partner distributions on hold and...
Jen Williams, Peter Ennis, Arielle Eisenberg, and Nandini Sane discuss what employers must consider under state and federal WARN Acts before laying off or furloughing employees during the COVID-19 pandemic.
Mar 8, 2021 · Philadelphia-based Cozen O’Connor increased its profits at a steady pace in 2020 that fell in line with recent years’ growth, with profits per equity partner up more than 6% from 2019, even as...
