Worst Layoff Day?

by lawshucks on March 10, 2009

lawshucks-layoffsbydate-bar

There has been quite a bit of speculation about which single day has had the most layoffs from major law firms.

We’ve crunched the numbers.

Analysis and charts, after the jump.


As usual, it all depends on how you’re counting. On this site, bear in mind that it’s always only “major” law firms, so make sure you check out our methodology.

Based on total layoffs, it looks like this:

Law Shucks BigLaw Layoff Tracker – Layoffs by Date (Totals – Attorneys & Staff)

 

March 9 was the worst day so far. White & Case’s massive 400 layoffs, combined with MLB’s 216 and K&L Gates’s 121 brought the total to 737. More than most weeks (and every month prior to January).

January 29 was the previous worst with 652: Linklaters (270); Morrison & Foerster (201); Ropes & Gray (106); Fish & Richardson (70); and Clifford Chance (5).

February 12 has been widely lamented, but there were “only” 643: Holland & Knight (243); DLA Piper (180); Goodwin Procter (74); Bryan Cave (58); Epstein Becker (53); Dechert (19); and Cadwalader (16).

Much of that hype was attributable to the number of firms taking action. The most of any day, with seven major law firms having layoffs.

On March 4, six firms had layoffs: O’Melveny (200); Dewey & LeBoeuf (130); Clifford Chance (115); Shearman & Sterling (60); Wiggin & Dana (14); and Haynes & Boone (3).

There were four other days on which five firms had layoffs: June 5 of last year; January 16; January 23; and January 29.

Law Shucks BigLaw Layoff Tracker – Layoffs by Date (Count)

 

The next two charts show attorneys and staff separately.

Law Shucks BigLaw Layoff Tracker – Layoffs by Date (Attorneys Only)

 

Law Shucks BigLaw Layoff Tracker – Layoffs by Date (Staff Only)

All of the charts are (or should be, depending on your browser) interactive. You can click on any of the bars to see the underlying data. This table summarizes the top 10 dates.

Law Shucks BigLaw Layoff Tracker – Layoffs by Date (Summary View)

Please make sure to give us credit if you’re going to re-use the charts.

  • Frown

    amazing – march 9 was monday bloody monday

  • Frown

    amazing – march 9 was monday bloody monday

  • Curious

    Is there a list somewhere of BigLaw firms that haven't laid off any associates (yet)? I imagine the list is short (and perhaps getting shorter), but it would be nice to see …

  • Curious

    Is there a list somewhere of BigLaw firms that haven't laid off any associates (yet)? I imagine the list is short (and perhaps getting shorter), but it would be nice to see …

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