Law Practice
Dec. 7, 2021
Firms help small businesses struggling through pandemic
Through their pro bono efforts, California law firms worked with nonprofits to try to help vulnerable businesses stay afloat.
Susan H. Mac Cormac, Morrison & Foerster LLP. (Morrison & Foerster LLP)
A Federal Reserve study released in April found the first year of the pandemic resulted in 200,000 permanent closures of small businesses, with personal service providers such as hair and nail salons being hardest hit.
The Fed also found that firms owned by people of color were among the businesses most likely to experience financial and operational challenges stemming from the pandemic.
Through their pro bono ...
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