We’d rather others brought you the bad news…
Above The Law write:
This Week In Layoffs: 03.14.09
Saturday, March 14
[Ed. note: Above the Law has teamed up with Law Shucks. Law Shucks has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker.]
The trend for this week is returning to the well. We’re seeing a number of firms that have had previous layoffs trimming further.
White & Case was one of the first top-tier US firms to do a massive layoff back in November. At the time, everyone was shocked by the numbers: 70 lawyers, 100 staff. The bar has been substantially raised since then, but W&C continues to surprise.
Round 2 was far worse: 200 lawyers, 200 staff. That vaulted the firm back to the top of the table. In fact, White & Case has completed a trifecta: #1 in total layoffs, layoffs of attorneys and layoffs of staff, an ignominious feat.
It’s on to Round 3 for Baker & McKenzie, one of the few US firms larger than White & Case, which has announced further cuts in London. The firm laid off 20 staff in London in January, and is now seeking to sever up to 85 more in the office. Bakers was the first to announce layoffs in calendar 2009, when six lawyers were fired in New York.
Paul Hastings is also on Round 3, following an unknown number in Atlanta in early February, and stealth layoffs in Los Angeles and Shanghai later in the month, the firm laid off 131 – 44 attorneys, 87 staff.
Full Article at http://abovethelaw.com/2009/03/this_week_in_layoffs_031409.php
