Almost 800 associates and legal staff nationwide returned home jobless Thursday after eight firms conducted mass layoffs, citing an unprecedented downturn in demand.
And the bloodletting is likely to continue.
Almost 800 associates and legal staff nationwide returned home jobless Thursday after law firms conducted mass layoffs, citing an unprecedented downturn in demand. And the bloodletting is likely to continue. "There will be more," said consultant Peter Zeughauser. "Materially more. I'm aware of some big ones coming up." Firms that sent people packing include Goodwin Procter; DLA Piper; Holland & Knight; Dechert; Bryan Cave; Epstein Becker & Green; and Cozen O'Connor.
February 13, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Almost 800 associates and legal staff nationwide returned home jobless Thursday after eight firms conducted mass layoffs, citing an unprecedented downturn in demand.
And the bloodletting is likely to continue.
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