About Those Law Firm Layoffs? It Isn’t That Bad
August 12, 2008 Legal Recruiter No CommentsWith the repercussions of the credit crunch creating a slowdown in finance, real estate and big-deal work, several law firms have unloaded attorneys and have done so under the scrutiny of news outlets eager to report the bad news. But in relative terms, the news might not be all that dismal. “You’d think there would be a greater bloodbath,” says professor Bill Henderson. A look at the bigger picture shows a profession responding to the economic downturn rather adroitly — at least so far.

