Law Firms
Some Law Firms Tell Nervous Lawyers Jobs are Safe
Some law firms are holding meetings and dispatching e-mails to reassure lawyers who are nervous about the economic downturn.
The National Law Journal chronicles some of the actions:
• Chicago-based Jenner & Block told partners and associates in two meetings that layoffs are not in the cards.
• Boston-based Ropes & Gray sent an e-mail saying the firm is “well positioned to weather the turbulence in the marketplace.”
• New York-based Weil, Gotshal & Manges sent an e-mail noting the firm is playing a role in some prominent Wall Street bankruptcies.
• Denver-based Holme, Roberts & Owen held a meeting to announce the firm is not planning any layoffs.