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Law Practice Management

Layoffs a ‘Blessing’ for Now-Liberated Former BigLaw Attorneys, Writer Says

Posted Jul 1, 2009 2:31 PM CST
By Martha Neil

Few may have realized it when Calawalader Wickersham & Taft last July became the first major firm to initiate what eventually became a tsunami of BigLaw associate layoffs during the past year.

But Calwalader and the other law firms involved were actually doing many associates a favor, writes attorney Dan Slater in the DealBook blog of the New York Times today.

"These layoffs, ­ which in many cases have been paired with salary freezes or cuts and significant reductions in law school recruiting, ­ are the best thing to happen to the legal industry in years. Call it a blessing amid recession," he says.

In addition to cutting costs for corporate clients, lawyer layoffs have effectively saved attorneys from their own high-billing selves, Slater contends. As with a romantic relationship gone bad, only a forced exit from the pressure of law practice can make clear to some that they are better off without it, he says. "What they needed all along was liberation. Now they have it."

A former writer for the Wall Street Journal Law Blog, Slater is now a freelance journalist.

Comments

1.

James
Jul 1, 2009 2:58 PM CST

If they landed somewhere else or are doing something they want to do it was a good thing… otherwise it’s just like losing any other job… it sucks.

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2.

Anon
Jul 1, 2009 3:02 PM CST

You are clearly just trying to make us unemployed lawyers feel better, but this is totally insulting. Being laid off sucks, especially when you are just beginning your career. It is a miserable experience, especially when you are over a hundred thousand dollars in debt and were depending on a big law job to make law school worth it. Depressed and hopeless does not even begin to describe it. Thanks for trying, but I don’t see the “blessing” to me personally.

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3.

Josephus P. Franks
Jul 1, 2009 3:25 PM CST

The problem Anon, is the 100k+ in student loan debt.  This is the only country in the world with an educational policy so mind-numbingly stupid that it saddles its young graduates with such obscene levels of debt.  You should be enjoying a break from the utterly anti-human work environments of big law firms.

At the very least, you should be able to turn away from your bad educational investment and start anew, just as if you made any other sort of investment that went sour.  See studentloanjustice.org

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4.

B. McLeod
Jul 1, 2009 5:24 PM CST

No doubt some of the castaways are still too close to the event to appreciate what the author is saying.  When a few years go by, they will see.

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5.

Anon
Jul 14, 2009 4:19 AM CST

There is no “cutting costs for corporate clients.”  Firms continue to bill at their usual sky high rates.

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