Layoffs

765 ABA Journal Layoffs articles.

More law firms are likely to make some furloughs permanent, legal experts say
Katten Muchin Rosenman’s decision to lay off some furloughed staff members may be followed by more announcements of layoffs at other law firms, according to legal industry experts.
Afternoon Briefs: BigLaw firm announces layoffs; judge’s TRO blocks Mary Trump book

Katten converts some furloughs into layoffs

Katten Muchin Rosenman has decided to lay off some employees it had furloughed as a result of the COVID-19 pandemic. The firm is…

Remove underperformers? Increase cash? New law firm survey shows changing views
Law firms responding to survey questions about a hypothetical recession became more willing to take tough measures as the COVID-19 crisis worsened, according to recent survey findings by legal consulting firm Altman Weil.
Top law firms fared surprisingly well during COVID-19 pandemic, survey says
Updated: The legal industry has fared surprising well during the COVID-19 pandemic, according to a survey of mostly larger law firms by Wells Fargo Private Bank's legal specialty group.
Legal services sector gains 3,200 jobs; previous month’s whopping loss is revised upward

The legal services sector gained 3,200 jobs in May after an astounding loss of jobs the previous month. Last month, the Bureau of Labor Statistics reported the legal services sector lost 64,000 jobs, but that seasonally adjusted number has been revised.

2 more law firms announce pay cuts; are they a stopgap measure before layoffs?

Two more law firms announced pay cuts in the past week, marking a third slow week of bad news. But the worst could be yet to come.

Which law firms laid off lawyers and cut pay this past week? The announcements slow to a trickle
For weeks, larger law firms have been announcing layoffs, furloughs and pay cuts. The impact is widespread, with the legal services sector losing 64,000 jobs in April.
Legal services sector shed a whopping 64,000 jobs last month
Legal employment is way down amid law firm furloughs and layoffs during the COVID-19 pandemic. The legal services sector lost 64,000 jobs in April, according to seasonally adjusted numbers by the U.S. Bureau of Labor Statistics. Since April of last year, the sector lost 48,400 jobs.
The good and bad news: Firms continue to announce cuts, but it’s at slower pace
More law firms announced pay cuts, layoffs and furloughs this week, but the pace is slowing. Since the ABA Journal reported on such measures last Thursday, at least eight more law firms gave staff members and lawyers bad news.
Afternoon Briefs: Boies Schiller fires LA lawyers and staffers; tweets to Barr turn hostile

Boies Schiller fires associates and staff in LA

Boies Schiller Flexner has fired several associates and staff members in Los Angeles who were left behind after 13 partners they worked…

Some law firms will die without quick cuts, consultant says; which ones acted this past week?
At least a dozen more large and midsized law firms cut pay and furloughed employees in the past week because of the novel coronavirus pandemic. But it’s not nearly enough, according to a former BigLaw lawyer who once worked as a consultant.
It was another bad week for many BigLaw lawyers and staffers; who saw pay cuts and furloughs?
It’s not over, by any means. It has been a week since the ABA Journal reported on the latest large and midsized law firms to cut pay, reduce partner draws, and furlough or lay off staff because of the COVID-19 pandemic. Since then, at least 15 more law firms took temporary steps to reduce costs.
At least 19 more law firms cut pay and furlough employees; will partners ultimately benefit?
More and more law firms are cutting salaries, reducing partner compensation, and furloughing or laying off employees because of the novel coronavirus. Since the ABA Journal’s story last Thursday on the trend, at least 19 additional large and midsized law firms have taken temporary measures to reduce costs because of financial uncertainty created by the COVID-19 pandemic.
Public defenders in this state are told to slash budgets as traffic-ticket funding plummets
Public defenders in Louisiana face uncertainty over the future of their jobs as the COVID-19 pandemic impacts a big source of their funding: traffic tickets.
Pay cuts and furloughs continue as more firms trim costs to address COVID-19
Several major law firms announced pay cuts and some furloughs this week, joining at least nine midsize and large firms that took those steps last week.

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