Major law firms are turning out to be just as susceptible to general economic conditions as every other industry. Historically, layoffs by top-tier firms were kept quiet and were done on a one-off basis. We’re trying to shed a little light on the situation.
As of March 31, 2009, there have been over 9,946 people laid off by major law firms (4,046 lawyers / 5,905 staff) since January 1, 2008. For the first quarter of 2009, 7,999 (3,149 lawyers, 4,850 staff), 3,677 in March alone (1,334 attorneys, 2,343 staff).
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