04-14-2009, 09:34 PM
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#2072
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Proud Holder-Post 200,000
Join Date: Sep 2003
Location: Corner Office
Posts: 86,149
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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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