While many law firms are cutting jobs or pay to reduce expenses in an uncertain economy, some have made an express commitment against doing so.
Making that promise in a time of uncertainty, while the economy suffers under stay-home orders designed to slow the spread of the coronavirus, can reduce employee stress, and create goodwill and loyalty among employees, some firms said. In Big Law, Cahill Gordon & Reindel; Vinson & Elkins; Fried, Frank, Harris, Shriver & Jacobson; Perkins Coie; and Quinn Emanuel Urquhart & Sullivan have all confirmed that they have no plans to lay off employees.
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