The wave of firm layoffs is reaching smaller firms in vulnerable practice areas. Pircher, Nichols & Meeks, a firm specializing in commercial real estate, announced last week that it is laying off eight attorneys and four staff. In a statement, founding member Leo J. Pircher praised those who were laid off and said there "isn't enough commercial real estate work to go around." Consultant Jon Lindsey says small firms are more likely to keep people when work slows down, but this is not an ordinary slowdown.
Smaller Firms Pressured Into Layoffs Too
The National Law Journal
December 18, 2008