Home

In-House Attorneys Hit With Layoffs
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

In-house counsel get the axe.Firms including Hyatt, Cigna, General Electric, Motorola, Merrill Lynch and Yahoo! have cut the number of attorneys in their law departments during the past year, as corporations slash budgets in the economic meltdown.

This year the Association of Corporate Counsel’s membership has dropped for the first time since 2003, declining by almost 6% to 23,396 this month after average 10% annual increases.

While employing in-house counsel can save money compared to the cost of an outside firm, at some point legal work dries up enough to justify laying off a corporations lawyers.

  
What
Where


Fairfield, Connecticut’s General Electric has cut lawyers across the country. Chicago’s Motorola has laid off attorneys in the Midwest.

In December, Yahoo! dismissed attorneys as part of larger layoffs.

Hyatt said it has “eliminated a number of positions” in the law department as part of a corporate restructuring that “re-engineered its methods of supporting its internal clients.” Um, what?

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Time Warner has cut its legal department from 40 to 30 by dismissing some lawyers and not filling vacancies when others left.





 

RELEVANT JOBS

Personal Injury Insurance Defense Attorney

USA-CA-Los Angeles

Hickey Smith Dodd is seeking a Personal Injury Insurance Defense Attorney in the Southern California...

Apply now

Associate Attorney - Defense Litigation Experience

USA-TX-Dallas

Galloway\'s Dallas office is seeking an Associate Attorneys with 2 - 5 years of experience to handle...

Apply now

Part-time Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

  Part-time Staff Attorney – Housing and Homelessness Prevention Unit ...

Apply now

Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

Full-time Staff Attorney – Housing and Homelessness Prevention Unit Organization Descriptio...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top