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Nothing Will Be Certain For Biglaw This Year – Except Lots Of Layoffs – Above the Law


In
general,
most
high-performing
firms
are
trying
to
do
two
things
at
once
in
the
current
environment.
They’re
trying
to
be
disciplined
and
pick
up
the
pace
on
holding
their
attorneys
accountable
for
meeting
expectations
on
a
multi-year
basis,
while
also
increasing
their
profitability
in
order
to
compensate
higher-performing
attorneys.





Kent
Zimmermann
,
legal
management
consultant
at
the
Zeughauser
Group,
in
comments
given
to
the

American
Lawyer
,
on
the
likelihood
that
Biglaw
firms
will
more
frequently
conduct
layoffs
in
2023.
Zimmerman
noted
that
it
may
now
be
easier
for
firms
to
perform
layoffs
due
to
the
state
of
the
economy
than
it
was
during
the
prior
two
years,
when
the
legal
sector
was
booming
and
bodies
were
needed
to
complete
work.



Staci ZaretskyStaci
Zaretsky
 is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to

email

her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on

Twitter

or
connect
with
her
on

LinkedIn
.

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