Large Firms
Apr. 4, 2009
Further Cuts Loom at Large Law Firms As Economic Downturn Drags On
Survivors of law firm layoffs still may not be safe. Many top law firms, realizing their first round of pink slips did not go far enough, are beginning to resort to further cuts to adjust staffing levels in reaction to the recession.
Daily Journal Staff Writer LOS ANGELES - Survivors of law firm layoffs still may not be safe. Many top law firms, realizing their first round of pink slips did not go far enough, are beginning to resort to further cuts to adjust staffing levels in reaction to the recession. On Thursday, Chicago-based Mayer Brown became the latest firm to conduct multiple downsizings when it eliminated 45 lawyers and 90 staff in the firm's...
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