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.
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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.