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It was the wrong thread
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04-14-2009, 10:34 PM
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2072
Hank Chinaski
Proud Holder-Post 200,000
Join Date: Sep 2003
Location: Corner Office
Posts: 86,149
Re: It was the wrong thread
Quote:
Originally Posted by
Atticus Grinch
According to
ATL
, as of February 27, 2009, Latham had laid off 190 associates and 250 staff (a total of 440). The managing partner said the cuts represented 12% of U.S. associates in the firm.
ETA: The linked article says the 190 figure is on top of any "stealth layoffs" the firm "may have" conducted in the past year. Since I stopped caring about the fate of any Biglaw associates, I leave it to you to decide what that means about the veracity of the 950 figure (which boggles, if 190 is 12% of the total, because that would, if true, mean Latham secretly laid off 32% of its associates before openly laying off 12% of whoever was left).
I fired 12% of my firm one day. I only recently have again been in a position where I could fire 12%.
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