Nationwide Layoff Watch: 'Only' ~500 People Were Laid Off...
This was a horrible time for the legal profession.
At the height of the Great Recession in 2009, massive layoffs were a regular occurrence across the legal profession, but especially in Biglaw. Which month was the slowest in terms of layoffs?
Hint: “Only” 481 people (347 staffers and 134 lawyers) were laid off that month, compared to March 2009, when 3,682 people (1,337 lawyers and 2,345 staffers) lost their law firm jobs.
See the answer on the next page.
Sponsored
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Claims Explorer equips attorneys with powerful functionality to mitigate the risk of missed claims and enhance their strategic decision-making processes.
Staci Zaretsky has been an editor at Above the Law since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, or comments. You can follow her on Twitter or connect with her on LinkedIn.
Sponsored
Sponsored
Ranking The Law Firms Lawyers Love
We’re pleased to introduce our list of Most Desirable Firms, along with other insights from our survey of more than 700 attorneys.
Sponsored
Luxury, Lies, And A $10 Million Embezzlement
In a scandal that rocked the business community, a former high-profile executive was sentenced to prison, plus five years of supervised release and restitution.
Sponsored
Law Firm Business Development Is More Than Relationship Building
Look forward to client outreach with InterAction+™.
Sponsored
Curbing Client And Talent Loss With Productivity Tech
Law firms must leverage technology to curb client attrition and talent loss, enhancing efficiency and aligning with evolving expectations for lasting success.
Sponsored
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Claims Explorer equips attorneys with powerful functionality to mitigate the risk of missed claims and enhance their strategic decision-making processes.
Sponsored
Curbing Client And Talent Loss With Productivity Tech
Law firms must leverage technology to curb client attrition and talent loss, enhancing efficiency and aligning with evolving expectations for lasting success.
