Back when the downturn first started to bite, it was an acknowledged – if not popular – fact that many law firms were more heavily resourced than they needed to be, and so for many it was no great surprise when the first wave of redundancies hit the market in 2008-09.

Since then, of course, there has been something of a pandemic of job cuts – not least in recent months – as firms take increasingly tough measures to control costs as the long-awaited market recovery fails to emerge.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]