Thursday, January 22, 2009

Paralegal Layoff Watch: Cooley Axes 52 Lawyers, 62 Staff

The layoffs keep coming. Cooley Godward Kronish axed 52 lawyers and 62 staff yesterday, citing the economy. The practice areas most affected by the layoffs are corporate, transactional, and public securities.

However, Cooley just finished up a strong year, with 14 percent growth in revenue. Profits per partner were down 7 percent, though.

(Source: Law.com)

Think you might be the next to go? Read Top Five Ways to Prepare for Layoffs.

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