comparing.jpgAs we finish off the Vault top 50, we look at some firms went through some tough layoffs.
Here’s the list:

41. Orrick Herrington & Sutcliffe
42. Baker & McKenzie
43. Goodwin Procter
44. DLA Piper
45. King & Spalding
46. Jenner & Block
47. Dewey & LeBoeuf
48. Proskauer Rose
49. Vinson & Elkins
50. Irell & Manella

It might not look like it, but there is a lot of carnage on this list. Orrick is down four spots. Proskauer is down four spots. King & Spalding is down 3 spots.
And many of the firms here that are marginally up or holding steady still went through significant layoffs.
After the jump, Law Shucks offers some stats.


Law Shucks reports that the firms ranked #25 – #50 by Vault laid off twice as many employees as the firms ranked #1 – #25. So evidently being “prestigious” has a positive effect on hanging onto a job.
The firms in today’s batch of the Vault rankings had particularly brutal numbers in terms of layoffs:
lawshucks layoffs vault top 50.JPG
That empty column for Irell might have something to do with the firm jumping up ten spots from last year. Vinson & Elkins also made a solid four spot improvement.
Will the firms that had mass layoffs be able to rebound next year? It could depend on whether or not they can keep all of their people through the first quarter of next year.
Layoffs in Vault 26-50 [Law Shucks]
Earlier: Vault Open Threads – 2010


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