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The End of the World or a Brave New One?

By J. Mark Santiago

The past two years have been a truly remarkable time for the legal profession. Events (common in private industry for decades) such as layoffs, office closings, and reductions in profits have occurred if not for the first time, then certainly more frequently than ever before.

In the United States, there is a Web site (lawshucks.com) that tracks and graphs monthly layoffs of partners, associates, and administrative staff in the Am Law 200. As of March 2010, LawShucks' layoff count, which started in January 2008, was approaching 6,000 attorneys and approximately 9,000 administrative staff.

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