Attorney Layoffs: "Unprecedented Bloodbath"

[girl gone mad]

via http://www.calculatedriskblog.com/2009/02/attorney-layoffs-unprecedented.html">Calculated Risk:

Reader Hoopajoops writes:

A huge number of law firms laid off attorneys today. This is an unprecedented bloodbath. DLA Piper laid off 140 people in the UK on Tuesday and today cut another 80 lawyers and 100 staff in the US, Holland & Knight laid off 243, including 70 lawyers, Epstein Becker lays off 23 attorneys and 30 staff, Bryan Cave cut 58 attorneys and 76 staffers, Luce Forward laid off 27 attorneys on Monday and today cancelled their entire 2009 summer program, Faegre & Benson cuts 29 attorneys, Cadwalader laid off 3 attorneys in london, a small count but Cad is one of the big names, Cozen O'Connor laid off 55 secretaries and 6 paralegals, all in all an incredible day.

http://www.Abovethelaw.com">Abovethelaw.com, a legal gossip rag, is keeping track of the layoffs ...

I've been hearing rumors of legal layoffs ...

http://blogs.wsj.com/law/2009/02/12/21209-the-darkest-day-ever-for-big-law-firms/">The WSJ Law Blog: The Darkest Day Ever for Big Law Firms?

[markbark]

1. First thing we do......

Mayhap they've been reading their Shakespeare?
Something about reducing the population of lawyers in Henry VI???

--MAB

[CoffeeCat]

2. Wow, the blog comments are fascinating!

The comments at the end of the article--are very revealing and provide a window
into what is going on in the area of big law.

They are being fired left and right.

Oh no! When the six-figure guys start losing their jobs, that's when the shit
will really hit the fan! :eyes: