Home

Over 5,000 Lawyers Laid Off During Past Year
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

A recent survey done of the top 250 law firms in the U.S. shows a loss of over 5,000 lawyers over the past year.

5,259 lawyers, to be exact, were laid off, which amounts to a drop of 4 percent. This is the largest decline ever reported by the National Law Journal, which started collecting information in 1978. Since that time, there has only ever been two other drops recorded: one equaling less than 1 percent in 1993, and a 1 percent decline in 1992.

While the associates dropped by 8.7 percents at the large firms, partners increased by just under 1 percent.
According to law firm consultant Ward Bower, “The cuts made were done primarily to preserve workloads for partners. It suggests that work done by partners is work that associates could do.”

  
What
Where


Fried, Frank, Harris, Shriver & Jacobson showed the largest loss, percentage-wise, with a drop of 26.4 percent, or 168 lawyers.

Latham and Watkins saw the highest amount of lawyers, by number, get the axe. That firm saw 444 lawyers lose their job, which, for the firm, equaled a drop of 19.1 percent.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Associate Attorney

USA-CA-San Clemente

We are a client-focused growing south Orange County California solo-practitioner law firm with a pra...

Apply now

First Party Property Associate Attorney

USA-FL-Orlando

First Party Property Associate position at fast-growing law firm in downtown Orlando.  Excellen...

Apply now

ERISA Compliance Attorney

USA-NJ-Moorestown

O’Brien, Belland & Bushinsky is an established, rapidly-growing, Labor law firm. We are seekin...

Apply now

Litigation Associate

USA-TX-Dallas

Boutique law firm of trial lawyers, top ranked by Chambers, Benchmark, US News and World R...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Public Finance Associate Attorney

USA-WA-Seattle

Seattle office of a BCG Attorney Search Top Ranked Law Firm seeks a public finance associate attorne...

Apply Now

Complex Civil Litigation Associate Attorney

USA-NY-New York City

New York City office of boutique firm seeks associate attorney with 4-6 years of complex civil litig...

Apply Now

Mid-Senior level Corporate Capital Markets/Securities Associate Attorney

USA-IL-Chicago

Chicago office of a BCG Attorney Search Top Ranked Law Firm seeks mid-senior level corporate capital...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top