"Reports out of Paul Weiss bear all the hallmarks of a stealth layoff, with litigation associates being let go for "performance" issues that never came up before."
"Meanwhile, a recent megamerger firm found itself cutting back on supposed redundancies."
"The Supreme Court set out to obliterate what's left of voting rights, and along the way Sam Alito managed to cite fake facts and throw a temper tantrum at Justice Jackson."
"Also, the DOJ announced breaking up a major insider trading scheme involving multiple Biglaw firms."
The legal industry continues generating substantial revenue, but some firms show signs of workforce reductions. Litigation associates have been let go for alleged performance issues that were not previously raised. A large megamerger firm has also reduced staffing by cutting so-called redundancies. The Supreme Court has moved to eliminate remaining voting rights protections. During the process, Justice Sam Alito cited false facts and reacted aggressively toward Justice Jackson. The DOJ has announced actions to dismantle a major insider trading scheme involving multiple Biglaw firms.
#legal-industry-layoffs #supreme-court-voting-rights #insider-trading-enforcement #biglaw-firms #megamerger-redundancies
Read at Above the Law
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