Amid Layoffs and Attrition, Law Firms Are Planning More Staffing Adjustments
"With forced exits and continued staff attrition wreaking havoc on the depth and breadth of both skills and experience, are firms fundamentally compromising the quality of a support structure?" a recent report asks.
August 18, 2023 at 05:00 AM
5 minute read
Law Firm StructureIn a year when Big Law has already been hampered by staff layoffs, law firms will continue to reshape their staffing structure going forward, amid lower demand, rising costs and tightening hybrid work policies, according to a new report.
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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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