As has been reported, there were layoffs this week at Womble Carlyle. But that was not the big news. The big news was Womble decided to address the general retrenchment of the legal market in a very frank way, remarking on a sea change in corporate law practice. “The world of large law firms … has changed forever” said Womble Carlyle in an internal memo. The memo contains much of Richard Susskind’s predictions and analysis (click here).
For the full post from the Above the Law blog click here.