Layoffs

798 ABA Journal Layoffs articles.

At these top law firms, profit boosts followed layoffs of lawyers and staff members
Some of the nation’s top law firms posted substantial boosts in profits last year after laying off attorneys or staff members, according to an analysis by Law.com.
After cutting lawyers in ‘a pace reminiscent of 2009,’ law firms see net income rise nearly 10%
Law firms saw a 9.9% growth in net income last year after cutting discretionary expenses and laying off lawyers, according to two reports released this week.
Morrison & Foerster cuts staff, citing trends accelerated by COVID-19 pandemic
Morrison & Foerster is cutting 4% of its staff positions in the United States and is in the process of eliminating a handful of staff jobs in the United Kingdom.
BigLaw firm cuts more than 130 jobs in offices overseas
Norton Rose Fulbright has cut 132 jobs in a restructuring affecting offices in Europe, the Middle East and Asia.
Law firms may be at ‘tipping point’ for change because of COVID-19 pandemic, new report says
Law firms learned lessons during the COVID-19 pandemic that could translate to permanent changes in the way that they manage their operations, deliver legal services and treat their employees, according to a report released Tuesday.
Some law firms that took paycheck protection loans banked the money, consultant says
More than 600 law firms received forgivable loans of more than $2 million under the government’s Paycheck Protection Program.
As worst-case scenarios for law firms fail to materialize, some trends emerge, new report says
With better-than-expected results for 2020, some law firms are prepaying expenses for 2021 and considering how lessons learned from the COVID-19 pandemic will apply in the coming year, according to a 2021 client advisory by Citi Private Bank and Hildebrandt Consulting.
COVID-19 and a slow economy have forced law firms of all sizes to cut costs

Law firms throughout the United States—and the rest of the world—are dealing with the effects of the COVID-19 pandemic and a sluggish economy. Although it’s clear that firms need to focus on cost-saving measures, what’s not so transparent is where the costs should be cut.

Cuts in lawyer head count and expenditures ‘buoyed profitability metrics’ at law firms, report says
Demand for legal services decreased for the last two quarters, but austerity measures implemented by law firms have them well positioned for profitability, according to a report issued this week.
Katten Muchin lays off some lawyers and business professionals
Katten Muchin Rosenman is laying off “a limited number” of lawyers and some furloughed business professionals.
Many BigLaw firms are quietly laying off staff members, recruiters say
Reports of staff layoffs at a handful of large law firms don’t provide the whole picture.
Afternoon Briefs: Trump faces suit over rape denial; Biden opposes SCOTUS term limits

Trump can be personally sued over rape denial

A federal judge in Manhattan on Tuesday refused to substitute the federal government as the defendant in a defamation suit filed against…

BigLaw firm lays off 43 business staffers
Hogan Lovells has laid off 43 members of its business services staff in the United States and Mexico.
Baker Botts lays off 50 staff members, citing workplace shift created by COVID-19 pandemic
Baker Botts will lay off 50 staff members in office services and secretarial services, the law firm confirmed Thursday.
As its workforce shrinks, this BigLaw firm restores salaries and reorganizes
Bryan Cave Leighton Paisner has cut 4% of its global workforce and reorganized practice groups since undertaking a strategic review last year.

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