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: The Estrin Report

Comfy? Not so fast, sister. Another round of staff layoffs will be here shortly.

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Despite the fact that we keep hearing rumors that the recession is over and that things are picking up, there are analysts in the banking field who believe, according to a new survey, that the legal field is in for another round of layoffs. According to the ABA Journal, lower yearly average billables are leading to more layoffs, particularly for staff. Between 2000 - 2007, average billables were 1700 - 1800. This year, that number dropped to 1600. As a result, Howrey recently laid off 32 staffers and DLA Piper laid off enough to attract the press although the firm...

Full post as published by The Estrin Report on December 03, 2010 (boomark / email).

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