Layoffs Coming to Large Law Firms

Feb. 8 (Bloomberg Law) -- Law firm consultant Kent Zimmermann of the Zeughauser Group tells Bloomberg Law's Lee Pacchia that partner layoffs at America's largest law firms are quietly picking up speed because of a lack of billable work coming in their doors. Legal process outsourcers (LPOs) and other alternative legal service providers are stealing low-value work from traditional firms, with one AmLaw 100 firm planning to layoff 25 percent of its associates firmwide over the next three years, he says.

'The Blue Touch Paper': Charlie Rose
05:46 - On "Charlie Rose," a conversation with David Hare. He is one of our most influential playwrights and screenwriters. His new memoir is called "The Blue Touch Paper." The New York Times calls it “an engrossing dive into the passions, the disappointments, the quarrels, and the elation of a great professional trying to get something done.” (Source: Bloomberg)
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