As if there weren’t enough layoff reports yesterday.. we have another full round of them today…
Law Shucks blog has their monthly round up of layoffs.. it doesn’t make cheery reading
The Month in Layoffs – March 09
March lived up to its reputation by coming in like a lion, out like a lamb.
The first week of March saw 1,132 people (337 attorneys, 795 staff) lose their jobs. On March 3, Orrick kicked things off with a bang – laying off 100 attorneys and 200 staff. DLA Piper (54), Freshfields (10), and Shearman & Sterling (18 in the UK) followed. Before anyone had a chance to process what was then the fifth-worst layoff day, six more major firms had layoffs on March 4: O’Melveny (200), Dewey & LeBoeuf (130), Clifford Chance (115), Shearman & Sterling (60, in the US), Wiggin & Dana (28), and Haynes & Boone. The day’s 536 layoffs were the fourth-most.
The Lawyer UK is full of more cheery news…….
02-April-2009
Norton Rose gets massive support for four-day week plan
02-April-2009
Lovells freezes salaries and cuts 79 jobs
02-April-2009
Slaughters freezes salaries at 2008-09 levels
and over in the US The American Lawyer reports
Mayer Brown Cuts 135 Lawyers, Staff Across U.S.
Chicago-based Mayer Brown has announced it is cutting 45 attorneys and 90 administrative staffers across its U.S. offices. In a statement released by the firm Thursday, chairman James Holzhauer blamed the reductions on the prolonged downturn in the global economy. Last November the firm let go of 33 attorneys from its global network; in March, the firm confirmed that up to 55 legal and staff jobs were under threat in London.
