Layoffs Not a Factor in Stable Pittsburgh Market

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While a number of Philadelphia firms have sent attorneys and support staff packing in response to an economic downturn, Pittsburgh seems to have weathered the storm thus far with a minimum number of casualties. The Legal Intelligencer spoke to Pittsburgh-based firm leaders and legal experts who unanimously confirmed that Pittsburgh has not seen as many layoffs as Philadelphia has this year, and the explanations offered were simple: Pittsburgh has a more stable economy, and employment costs are lower.

 

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Free Bank Bailout White Paper from West LegalEdcenter

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West LegalEdcenter and West Legalworks are providing some free resources for anyone involved in the mortgage and asset-related securities market to learn more about the bailout proposal.

First, a free white paper titled “The Impact of Securitization on the Legislative Proposal for Treasury Authority to Purchase Mortgage-Related Assets” was just written by Talcott J. Franklin.

He is the co-author of the Mortgage and Asset Backed Securities Litigation Handbook from West, and is a partner and head of litigation in the Dallas office of Patton Boggs LLP.