Monday, June 08, 2009

Big law firms losing business, shrinking


White and Case Offers a Study in Why and How Major Law Firms Are Shrinking - NYTimes.com: "In the first quarter of 2009, demand for legal services in New York decreased by nearly 10 percent over 2008, according to the Hildebrandt International Peer Monitor Index. At least 10,000 employees at major firms across the country have lost their jobs so far this year, according to the macabre but wildly popular “Layoff Tracker” run by another blog, lawshucks.com."
----------
I'm sure I speak for everybody when I say that the nation is heartbroken over the plight of big law firms.

No comments: