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Reply to "Patton Boggs Lays Off 120?"
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[quote=Anonymous]That's a large layoff for a firm that size. Once an event like this happens, a firm has to be very careful to avoid the death sprial, in which remaining lawyers scramble for other options. Partners with business leave. The firm loses focus and becomes consumed with rumors about who is next to leave -- voluntarily or involuntarily. Clients leave because they wonder if the firm will have the resources or staying power to represent them. And the spiral continues [b]unless [/b]the firm can somehow stop the bleeding long enough to merge with a white knight. The firm already may be fu@#%d.[/quote]
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