2009 marks the worst year for lawyer headcount in 30 years. At the top 250 firms alone, the number of downsized attorneys rose by nearly 5,300 … even more if you calculate all the stealth firings and downsizing at smaller firms. But you already know the bad news. What isn’t generally known, is that a [...]
First, the good news: Cobra health coverage just got easier for some of the more than 8,000 lawyers – and millions of other Americans – laid off since last September. As part of the economic-stimulus package Congress signed into law last week, the Fed will provide a nine-month subsidy covering 65 percent of the Cobra [...]
These days Wall Street’s employment woes seem to equal law firms’ losses. As business dries up in certain practice areas, firm managers are facing tough decisions. If you’ve already lost your job … or will soon be unemployed … you need to get up to speed on your health insurance options. Chief among them is [...]