February 12, 2009 2:44 PM Subscribe
Welcome to Black Thursday, a day quickly becoming known among the legal community as the date where major law firms across the world announced major layoffs of both staff and attorneys. The short list includes such well known firms as DLA Piper, Cadwalader, Epstein Becker, Faegre & Benson, Holland & Knight, Goodwin Procter, Bryan Cave, and Dechert. Dozens more, such as Nixon Peabody, Luce Forward, Paul Hastings, and Merchant and Gould announced layoffs in recent weeks, and more confirmations from yet other firms are likely on lucky Friday the 13th. This was predictable. Harrison Barnes of BCG Attorney Search, a headhunter firm, has some interesting and seemingly altruistic advice (as he sits seaside in the shade) - if you are a part of the layoffs, don't use headhunters. Good luck, folks.
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