Even as the economic outlook brightens, Big Law will continue to “clean house” in 2021 through more layoffs among staff ranks and even attorneys.
A new report written by Citi Private Bank and Hildebrandt Consulting, based on conversations with 138 firms, found that performance and remote working, not demand, will drive any cutting among attorneys, as was most recently seen in the “redundancy” cuts affecting 24 lawyers in Dentons’ U.K. and Middle East arm.
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