Monday, March 9, 2009

Brutal, Bloody Week; 1,500 Casualties

Last week was the bloodiest yet in the legal industry. Here's the rundown:

Orrick (international, layoffs affect U.S., Asia, and Europe offices): 100 associates, 200 staffers

Akin Gump Strauss Hauer & Feld (Dallas): 47 associates, 57 paralegals and staff (in addition to 65 staff layoffs in January)

King & Spaulding (Atlanta): 37 associates and counsel, 85 staff

Clifford Chance (London): 115 staff

O'Melveny & Myers (international, layoffs mainly affect U.S. offices): 90 attorneys, 110 staff members

Shearman & Sterling (U.S.): 60 secretaries and administrative staffers

Dewey & LeBeouf (international): 100 staffers

Wiggin & Dana (Connecticut): 14 attorneys

Stinson Morrison Heckler (Kansas City, Missouri): 30 staff members

Pillsbury Winthrop Shaw Pittman: 50 associates, 10 paralegals, 90 support staffers

Arent Fox (Washington, D.C.): 13 associates, 15 staff members

Bingham McCutchen: 16 corporate associates and counsel, 23 staff members

The legal industry lost a total of 4,200 jobs in February, according to ABA Journal Law News Now, and nationwide, 21,000 legal jobs have been lost in the last 12 months.

However, last week alone resulted in almost 1,500 jobs being eliminated -- that we know about! The good news is, if you've been laid off, you're not alone. The bad news is, competition for paralegal jobs just got a whole lot stiffer.

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