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Weil Layoffs: More Firms to Follow?: Point – Counterpoint from Adam Smith, Esq. and American Lawyer

By Jean O'Grady on June 26, 2013
The web is awash with reaction to the dramatic news from Weil, Gotshal & Manges which includes not only staff and associate layoffs, but also dramatic cuts in partner compensation for selected partners. Is this a “one off” or the beginning of a trend? The pundits  and the partners disagree.Will More Firms Follow? YES

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*Hat tip to Melville Dewey, 19th century efficiency reformer, founder of the first School of Library Economy, and inventor of the eponymous decimal classification system based on Sir Francis Bacon's outline of human knowledge.

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About Jean O'Grady

Jean P. O’Grady has over 30 years of experience developing strategic information initiatives for Am Law 100 law firms.

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