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Are NY Corp biglaw laying off people?

Posted: Thu Aug 10, 2023 5:45 pm
by Anonymous User
Wondering if NY Corporate associates across the board have been being let go given the bad market?
What is the lateral market like currently for biglaw transactional NY?

Re: Are NY Corp biglaw laying off people?

Posted: Thu Aug 10, 2023 9:10 pm
by Anonymous User
Anonymous User wrote:
Thu Aug 10, 2023 5:45 pm
Wondering if NY Corporate associates across the board have been being let go given the bad market?
What is the lateral market like currently for biglaw transactional NY?
Not many "layoffs" in the sense of systematically shedding multiple people simultaneously for financial reasons, but we've returned to the pre-COVID norm where it's possible to get fired (including for reasons partly outside one's control). Lateral market is as weak as it's been in the past 10 years.