Employment Law Trends For Financial Cos. In 2012

Law360, New York (January 3, 2012, 2:41 PM EST) -- It seems likely that the struggling economy will continue to be a primary driver of labor and employment law issues in 2012, particularly in the financial services industry. While there are many important legal issues that will arise in this environment, employers in the financial sector should consider the following five issues as potential hot-button topics for the coming year.

First, and unfortunately, banks and other financial institutions will likely continue to downsize. Rather than major, across-the-board layoffs where each manager is asked to cut a...
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