Academic

It's A Tidal Wave: ATL Reports Law Firm Layoff Frenzy

By Dan Filler

Above the Law is reporting a slew of Big Law layoffs today.  The firms include Dechert, Byan Cave, Goodwin Proctor, WolfBlock, Holland & Knight, Faegre and Benson, and DLA Piper.  It seems like a number of firms avoided Grinch status, deferring layoffs until after holiday season.  The jig is up, however.   Once upon a time, a big firm had to be coy about layoffs - it didn't want to gain a reputation as an unstable workplace.  But in a startling real-world example of social norm shifts, the stigma around layoffs appears to be crumbling. 

Full post as published by The Faculty Lounge on February 12, 2009 (boomark / email).