Credit: Parradee/Adobe Stock Law.com Readers' Poll: Are You Worried About Law Firm Layoffs?
We'd like to hear from you in an anonymous survey: if you work at a law firm, are you concerned about being affected by layoffs?
July 21, 2023 at 03:09 PM
1 minute read
Law firm layoffs appear to be spreading, as decreasing demand in some practice areas is creating overstaffing issues.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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