{"id":25741,"date":"2022-11-11T15:15:13","date_gmt":"2022-11-11T20:15:13","guid":{"rendered":"https:\/\/abovethelaw.com\/?p=912427"},"modified":"2022-11-11T15:15:13","modified_gmt":"2022-11-11T20:15:13","slug":"biglaw-firms-with-tech-centric-clients-may-soon-face-financial-difficulties","status":"publish","type":"post","link":"https:\/\/abovethelaw.com\/legal-innovation-center\/2022\/11\/11\/biglaw-firms-with-tech-centric-clients-may-soon-face-financial-difficulties\/","title":{"rendered":"Biglaw Firms With Tech-Centric Clients May Soon Face Financial Difficulties"},"content":{"rendered":"

\"bonusBay Area firms saw record profits last year, partly because of the boom in the tech sector. Now we\u2019re seeing a substantial number of employees being laid off at tech companies, and it makes sense those companies are also going to cut expenses, including legal fees. Firms with a tech-centric client base are going to feel that impact.<\/strong><\/p>\n

— Summer Eberhard, a West Coast-based associate recruiter with Major, Lindsey & Africa, in comments given to the American Lawyer<\/a> in the wake of stealth layoffs made at firms like Cooley<\/a> and Gunderson<\/a>.<\/em><\/strong><\/p>\n

\n

\"StaciStaci Zaretsky<\/a>\u00a0is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on Twitter<\/a> or connect with her on LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Will this mean more layoffs are ahead?<\/p>\n","protected":false},"author":68,"featured_media":403740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[279],"tags":[102,7079,321,10522,7],"class_list":["post-25741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biglaw","tag-biglaw","tag-layoffs","tag-quote-of-the-day","tag-stealth-layoffs","tag-technology"],"acf":[],"yoast_head":"\nBiglaw Firms With Tech-Centric Clients May Soon Face Financial Difficulties - Above The Law's Legal Tech Non-Event<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/abovethelaw.com\/legal-innovation-center\/2022\/11\/11\/biglaw-firms-with-tech-centric-clients-may-soon-face-financial-difficulties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biglaw Firms With Tech-Centric Clients May Soon Face Financial Difficulties - 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