rssEven Lawyers Get the Layoff Ax, Proving No One’s Immune
Friday, February 13, 2009 at 8:09 am
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In a sign of the reach and depth of this financial crisis, even lawyers are getting the layoff ax. The Wall Street Journal’s law blog wrote that Thursday was possibly “the darkest day ever” for big law firms, and it tallied up the damage.
The day’s wreckage:
DLA Piper announced it was laying off 80 lawyers and 100 staff members in the U.S. Goodwin Procter announced it was cutting 36 lawyers and 38 staff. Dechert cut 19 lawyers. Faegre & Benson (yesterday) axed 29 lawyers.
the end of the day, Holland & Knight had fired 70 lawyers and 173 staff. The Journal said the Above the Law blog will keep a running tally of layoffs.
Just a little more evidence that high-paying, white collar jobs aren’t safe anymore.
3 Comments
Pingback posted February 13, 2009 @ 10:04 am
[...] this financial crisis, even lawyers are getting the layoff ax. The Wall Street Journal’s … See all stories on this topic This entry was posted on Friday, February 13th, 2009 at 9:00 amand is filed under News. You [...]
Comment posted February 13, 2009 @ 6:23 pm
Ellacec Publishing has released “Surviving a Layoff” by author Theresa Banks. Readers across the States should pick up a copy for themselves and their family, to learn additional strategies on how to survive a layoff. Books are available at amazon.com.
Comment posted February 14, 2009 @ 2:23 am
Ellacec Publishing has released “Surviving a Layoff” by author Theresa Banks. Readers across the States should pick up a copy for themselves and their family, to learn additional strategies on how to survive a layoff. Books are available at amazon.com.
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