Firm Sharpens Ax for Up to 120 Attorneys and 150 Staffers
The news is now starting to confirm that law firms, even the large, global integrated law firms are not immune from the economic difficulties of our times. Immediately above this article about Linklaters was an article about MoFo cutting 200 positions. The two firms are almost half a world apart, but they are experiencing the same problems and taking the same corrective action. Then, a little bit further down is another article about Clifford Chance and the staff reductions in Moscow, Salaam, and the Mideast. It remains to be seen whether having offices flung far and wide will be considered a benefit any more.
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