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Philip M. Berkowitz, a partner at Nixon Peabody, writes that it may be too early to assess whether there will be significant legal fallout over the layoffs being announced on an almost daily basis by the nation's largest law firms. Law firms, though, may make particularly attractive targets for lawsuits, he warns: This is not only for the obvious reasons - the potential back-pay and front-pay recovery for highly paid, dismissed attorneys is high; law firms are not interested in washing their laundry in public; and as for a scandal involving lawyers, the schadenfreude factor can't be beat.
March 12, 2009 at 12:00 AM
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