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'Bloody Thursday' Claims 748 At US Law Firms

Law360 (February 12, 2009, 12:00 AM EST) -- In the single ugliest day for the legal industry since the economic downturn began, eight major firms announced a total of 748 layoffs Thursday, including 320 lawyers and 428 staff members.

The eight firms that announced staff cuts were Holland & Knight LLP, DLA Piper, Bryan Cave LLP, Goodwin Procter LLP, Epstein Becker & Green, PC, Faegre & Benson LLP, Dechert LLP and Cadwalader Wickersham & Taft LLP.

The deepest cuts came at Holland & Knight and DLA Piper, with layoffs at each firm reaching well...
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