https://www.law.com/americanlawyer/2022/11/23/tracking-associate-cuts-and-layoffs-how-some-law-firms-are-managing-excess-capacity/
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Law.com’s reporting on law firms’ associate and staffing adjustments.
November 23, 2022 at 12:52 PM
3 minute read
By ALM Staff |
November 23, 2022 at 12:52 PM
In the wake of lower demand in the legal industry and a softer deal market, some law firms are faced with excess attorney capacity and slowing productivity. Here’s Law.com’s reporting on how law firms are making staffing decisions while grappling with demand challenges:
New York Law Firms Take Heavy Profit and Revenue Hits
Attorney cuts may come soon at New York law firms. “The numbers just aren’t there to support the staffing,” said a Wells Fargo consultant.
Stealth Layoffs Obscure Big Law’s Exposure to Silicon Valley Losses
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