A pedestrian wearing a protective mask walks past a boarded up MCM store on Michigan Avenue in Chicago on April 3, 2020. Photo: Christopher Dilts/Bloomberg
The range of Chicago firms that received government assistance in April ranged from Am Law 200 contenders to bet-the-company litigators to influential, local personal-injury law firms that have set records with their court victories.
July 08, 2020 at 03:47 PM
1 minute read
Reporter, Business of Law
At least 73 law firms based in Chicago borrowed between $120-268 million from the federal government in an effort to keep lawyers and staff on the payrolls at the outset of the COVID-19 pandemic.
That money from the Paycheck Protection Program would safeguard at least 8,400 law firm jobs, according to the applications law firms filed with the U.S. Small Business Administration, which released information about the PPP recipients earlier this week.
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