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New Record Set For Lawyer Layoffs In February

LAW360 reports that 1045 lawyers from around the globe were laid off in the month of February and the number of layoffs is expected to increase in the coming months.   See the full analysis here.

February marked the most treacherous month so far in a slew of layoffs in the legal industry that began building last fall as the economic crisis set in, but the brutal trend appears to be accelerating as March's numbers continue to rise by the day, Law360's analysis shows.

About 1,045 lawyers worldwide — the bulk of them associates — received pink slips in February, nearly double the number of layoffs in October, the second-worst month in the past...

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