Lawyers Aren’t The Only Ones Getting Laid Off
We’ve been reporting extensively on lawyer layoffs, but it’s important to remember that a downturn in the legal profession ripples through many other fields and careers. Today’s sad news comes from our friends at Incisive Media, publisher of well-known brands like American Lawyer magazine and the National Law Journal. Incisive media released this statement about its recent cuts:
As has been reported in trade outlets, Incisive Media eliminated 42 positions last week. These layoffs were distributed across positions in both business and news departments in the entire company’s North American units, which includes 31 legal and real estate publications, as well as our events group.As you know, these are extremely difficult economic times for all media organizations and we deeply regret the loss of many valuable employees who have contributed much to Incisive. Unfortunately, every media company is facing issues similar to ours, as digital publishing rewrites the rules and economics of our business.
The cuts represent roughly 4% of Incisive Media’s overall staff.
Once we get through bailing out the banks and the automakers and people who can’t afford their mortgages, can we get some federal money for the publishing industry?
“Where the press is free and every man able to read, all is safe.”
Media Crack [Gawker]
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The ship be sinking...
"downturn in the legal profession ripples through many other fields and careers."
WTF I thought it was downturn in many other fields that has caused a slowdown effect in Biglaw. Are we lawyers that self-centered to think we are what makes the world spin?
This would never happen in Ft Worth.
WHO CARES?
I CARE
Could somebody please lay off Elie?
I second your plea for tax dollars to support publishing. I will die if Cat Fancy doesn't show up in my mailbox every month.
"Once we get through bailing out the banks and the automakers and people who can't afford their mortgages, can we get some federal money for the publishing industry?
'Where the press is free and every man able to read, all is safe.'"
The quote explains why the answer to your question is "no." I hope that's what you meant.
I've got a newsworthy delivery for the paper person in the photo. . . .
dig that foxy newspaper chick...
Hey MysTTTal,
Only an asshole like you would need to be reminded that people other than in the legal "profession" are losing their jobs.
How big of you. Asshole.
Hey #6 --
Screw you. Elie is an incompetent fuck. You don't like it? Stay home.
ATL:
Please do a piece on where laid off NYC associates are going, if anywhere. There is, obviously, a lot of anxiety about what to do if laid off. What people are doing post lay-off may assuage, or heighten, those feelings.
Thanks
Mystal only reads Redbook and Marie Claire.
I am with 13. This would be an interesting post.
........crickets w/ monocles...........
Boo hoo.
12 = EPIC FAIL who cannot read proper English. You have lost your whining privileges for a full month.
13 and 15: It would be nice if there was interesting journalism going on around here. Linking to other blogs just doesn't cut it....
3, why wouldn't this happen in Fort Worth?
nudes?
Fort Worthless.
12, you are a genius and 18 missed the gag.
Fine work, counselor.
Why does every man need to know how to read if MysTTTal doesn't know how to write?
Hey #9:
Is that newsworthy delivery on the front page or the back page?
Too bad the chick isn't chubby . . . then I could've said:
"Is that newsworthy delivery above or below the fold?"
You take what you can get.
seriously...who is the chick?
I judge a man by the size of his reading muscles just like everyone else.
Swass Shlobster
I am with 14, Mystal only reads Redbook and Marie Claire.
...But lawyers might be the only ones NOT getting laid.
Come on, how did no one work this angle?
If Amlaw shuts down, Elie will lose the source for half of his posts. Seriously, this site has just turned into a reprint of American Lawyer and Legal Times.
That news babe is actually one of the Notorious CWT '05. I first "met" her at a Stuyvesant High party up at her Dad's place in the Hamptons and ran into her again in December at the firm Holidays party. BBBJs still a very reasonable $200. Happy Endings guaranteed OYMB.
11: Exactly. BIGLAW layoffs will probably not even come up in historical discussions of this recession. People, have some perspective. There are far more wide-ranging and devastating layoffs around the country. And it's only going to get worse.