Some law professors are reporting the demand for their bankruptcy classes is booming. Ronald Mann, a Columbia Law School professor, told Thomson Reuters…
Are partners hoarding legal work in challenging times? That is one of the questions raised by a new report that found that the average growth in billed rates reached record highs in the year’s second quarter, even as demand for legal services plummeted.
Stealth layoffs could affect law firm ‘vitality,’ expert says
Attributing layoffs to performance rather than economic issues—so-called stealth layoffs—could harm associate relationships with law firm partners and leaders, according to…
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.
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.
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.
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.
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