If you’re a lawyer who managed to make your way into a large law firm, congratulations. For attorneys, the world of Biglaw seems to be somewhat stable. Revenue and profits are up by modest amounts, and it has been a while since we’ve seen major lawyer layoffs (setting aside the collapse of Dewey & LeBoeuf, of course).
Things have not been so happy for staff. Over the past year or so, we’ve covered staff layoffs at several prominent Biglaw firms. Many of these reductions appear to be fueled by either outsourcing or improvements in technology that allow firms to get by with fewer staff.
The latest firm with news of staff layoffs — and unconfirmed reports of lawyer layoffs — is Fish & Richardson. Fish is a leading intellectual property shop, and the world of IP litigation certainly seems busy these days. But maybe it’s not busy enough?
Let’s get the details on the recent cuts at Fish….