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The layoff announcements just kept coming. All told, six law firms dismissed more than 700 staffers and attorneys in a single day: Thursday, Feb. 12. Legal consultants attribute the timing of the tidal wave of cuts to the economic cycle. Many law firms waited until all of the financial data were compiled from 2008 before moving forward with layoffs, they say.
February 16, 2009 at 12:00 AM
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