A Study in Why Major Law Firms Are Shrinking - GoFuckYourself.com

halfpint · 06-06-2009, 02:28 PM

Even the lawyers are feeling the heat

HOT SEAT Hugh Verrier, chairman of White & Case, recently laid off 200 lawyers.

In his two years as chairman of White & Case, the venerable Wall Street law firm, Mr. Verrier had already laid off 70 young lawyers and shuttered offices in Bangkok, Dresden and Milan. He had watched top partners flee to competitors and suffered a depressive 2008 holiday party at Cipriani?s, which had half the budget of the prior year?s $500,000 event ? a Neroesque fete at the United Nations with fireworks and a band.

The full story here

http://www.nytimes.com/2009/06/07/ny...wt&twt=nytimes

collegeboobies · 06-06-2009, 02:35 PM

they charged too much to start with thats why

halfpint · 06-06-2009, 02:39 PM

Quote:

Originally Posted by collegeboobies

they charged too much to start with thats why

Yep very true I guess a lot of people had it good for years now they are bitting the bullet

Drake · 06-06-2009, 02:44 PM

No study required. When businesses are suffering, they have less money for lawyers.

06-06-2009, 02:28 PM	#1
halfpint GFY's Halfpint Industry Role: Join Date: Jun 2007 Location: UK Posts: 15,223	A Study in Why Major Law Firms Are Shrinking Even the lawyers are feeling the heat HOT SEAT Hugh Verrier, chairman of White & Case, recently laid off 200 lawyers. In his two years as chairman of White & Case, the venerable Wall Street law firm, Mr. Verrier had already laid off 70 young lawyers and shuttered offices in Bangkok, Dresden and Milan. He had watched top partners flee to competitors and suffered a depressive 2008 holiday party at Cipriani?s, which had half the budget of the prior year?s $500,000 event ? a Neroesque fete at the United Nations with fireworks and a band. The full story here http://www.nytimes.com/2009/06/07/ny...wt&twt=nytimes __________________ Get FREE website listings on Cryptocoinshops.net

06-06-2009, 02:35 PM	#2
collegeboobies So Fucking Banned Join Date: Jul 2004 Posts: 3,644	they charged too much to start with thats why

06-06-2009, 02:44 PM	#4
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	No study required. When businesses are suffering, they have less money for lawyers.