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Too Many Lawyers? Report Faults Firms For Resisting Layoffs

By Nell Gluckman
June 01, 2016

Should law firm leaders be firing more lawyers? That seems to be the takeaway of a report released last month by the legal consultancy Altman Weil. See, Law Firms in Transition.

Nearly 60% of the 356 law firm leaders surveyed for the report said that overcapacity is hurting their firm's profitability. The problem is more pronounced among firms with 250 lawyers or more, with 75.6% of them citing overcapacity as a drag on profits, the report said.

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