Welcome to our Law.com Barometer newsletter, powered by the ALM Global Newsroom in advance of Legalweek 2021. Each week this newsletter will bring you the trends, disruptions and shifts our reporters and editors are tracking through coverage spanning every beat and region across the ALM Global Newsroom. The micro-topic coverage will help you monitor the changing landscape of the legal industry and prepare you to participate in the events taking place at the year-long #Legalweek21.
The Shift: Layoffs Are Spreading Faster, As Some Firms Quietly Cut Ranks
In the spring and early summer, confirmed layoffs at big firms were picking up, mostly at firms outside the Am Law 50. Layoffs and furloughs — affecting both lawyers and staff — were driven by concerns about the unpredictable nature of the pandemic, coupled with an actual drop off in litigation and deals.
