0
   

Big Layoffs in Big Law

Forums: Employment, Economy, Law, Lawyers, Recession
Email this Topic • Print this Page
 
 
jespah
 
Reply Sat 9 Jan, 2010 11:12 am
Big law firms laid off over 12,000 people last year. Yep, 12,000.
http://www.abajournal.com/weekly/article/biglaw_laid_off_more_than_12000_people_in_2009_the_worst_year_ever

Quote:
The top five law firms, in terms of total layoffs in 2009, were: DLA Piper, Allen & Overy, Latham & Watkins, White & Case, and Clifford Chance, according to the blog. The top five, in terms of lawyer layoffs alone, were Allen & Overy, Clifford Chance, White & Case, Linklaters, and Latham & Watkins.


Now, these people work extremely long hours and are paid scads of money. Most of them will be fine, and could probably use the time off anyway. But still! Layoffs stink. Plus now they're competing with everyone else for the three Wal-Mart jobs that are out there. Wink
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Discussion • Score: 0 • Views: 7,046 • Replies: 3
No top replies

 
maporsche
 
  1  
Reply Sat 9 Jan, 2010 01:53 pm
I don't normally feel sorry for lawyer types, but yeah that does stink.

It's got to be quite a humbling experience as well. Many of those people are not going to be able to find jobs as lawyers and will probably take massive pay cuts. Hopefully it doesn't drive many of them to suicide.
0 Replies
 
Seed
 
  1  
Reply Sat 9 Jan, 2010 01:55 pm
@jespah,
Sorry to tell them, that it is only 2 jobs from Wal-Mart. I just recently secured the door greeter job opening
jespah
 
  1  
Reply Sat 9 Jan, 2010 04:55 pm
@Seed,
Dang, Seed! You took mah spot!

maporsche -- you're probably right that it could be a seriously pay cut for a lot of 'em.
0 Replies
 
 

Related Topics

Truth About Jobs By PAUL KRUGMAN - Discussion by BumbleBeeBoogie
Lifetime opportunity: gone... how to go on? - Discussion by titia
Options for landing myself a job - Question by brahmin
Top 5 Things You Look for in an Employer - Question by libertydawn
Is this a legal loophole I can exploit to get out of a non-compete agreement? - Question by kickycan
New Job Disappointments - Discussion by fishin
Post-retirement Employment Advice... - Question by Seizan
I want to turn down a job offer my family wants me to take. - Question by Dyumpa2
Disciplinary action at work - Discussion by dirrtydozen22
What advice can you give about budgeting my time and juggling more than one project at once? - Question by JGoldman10
 
  1. Forums
  2. » Big Layoffs in Big Law
Copyright © 2024 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.06 seconds on 11/22/2024 at 07:57:22
▲ ▼