(Credit: Quality Stock Arts/Adobe Stock) Cooley's Layoffs Reveal Dangers Facing Other Sector-Focused Law Firms
One lesson that can be gleaned is the importance of building broad corporate practices and offering a range of industry expertise, according to industry observers.
December 02, 2022 at 05:00 AM
6 minute read
Cooley became the first major law firm this year to admit to laying off employees in anticipation of a prolonged work slowdown well into 2023. But the firm will likely be one of many to see a big impact from the tech industry slump.
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