Big Law Belt Tightening Hits Both Younger & Older Lawyers as The Pandemic Bites Law Firms
In the new era of COVID-invoked recession law firms are developing new strategies to cope with a downturn in work and revenues. Beyond furloughs, pay cuts and layoffs (disclosed or undisclosed), the firms are preparing for their own lockdowns in terms of staffing at both incoming and outgoing lawyer levels. Ropes & Gray have announced […]