How Much Do Clients Care About Law Firm Layoffs?
"A smart firm would be reaching out to their clients and getting ahead of the story," said one former GC.
May 23, 2017 at 02:20 PM
4 minute read
Seyfarth Shaw made big waves in the legal industry last week when it laid off as many as 40 lawyers and staff amid reportedly disappointing first-quarter revenues.
The move raised obvious questions for lawyers at Chicago-based Seyfarth and other large firms. Is soft demand for legal services here to stay? Are other firms about to follow suit? And most obvious of all: Is my job safe?
But law firm attorneys aren't the only ones looking for answers. Their clients may have questions too.
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