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A Biglaw Firm’s Success Doesn’t Necessarily Negate Layoffs

Daily Legal Briefing by Daily Legal Briefing
March 21, 2024
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A Biglaw Firm’s Success Doesn’t Necessarily Negate Layoffs
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Vector of a sad group of people fired from job due to business closureEd. note: Welcome to our daily feature, Trivia Question of the Day.

Which Am Law 100 firm grew its revenue, revenue per lawyer, and net income all by about 3% in 2023, yet conducted layoffs in early 2024 nonetheless?

Hint: The firm decimated its attorney and staff headcount in mid-February.

See the answer on the next page.


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 and Threads or connect with her on LinkedIn.

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