Saturday, February 14, 2009

800 Law Firm Jobs Lost in One Day

Ioannis Sculteti, Armamentium Chirugiae, 1693 ...Image via Wikipedia
Amanda Royal in The Recorder writes, as reprinted in Law.com:

Almost 800 associates and legal staff nationwide returned home jobless Thursday after eight firms conducted mass layoffs, citing an unprecedented downturn in demand.  And the bloodletting is likely to continue.

"There will be more," said consultant Peter Zeughauser. "Materially more. I'm aware of some big ones coming up."

See full article.

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