Bloody Thursday: Major Law Firms Ax Attorneys and Staff

In the single ugliest day for the legal industry since the economic downturn began, eight major firms announced a total of 748 layoffs Thursday, including 320 lawyers and 428 staff members.
The eight firms that announced staff cuts were Holland & Knight LLP, DLA Piper, Bryan Cave LLP, Goodwin Procter LLP, Epstein Becker & Green, PC, Faegre & Benson LLP, Dechert, and Nixon Peabody. Read more here.