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Employment Market

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legal2 years ago

Biglaw Firms Streamline Ranks and Prioritize Profitability

Biglaw firms are implementing tougher performance reviews as a means of rightsizing their ranks without resorting to layoffs. The surge in demand in 2021 led to a rush in hiring, resulting in the employment of lawyers who may not have found positions in a different market. As a result, associates are now facing more stringent performance evaluations than they would have in a stronger environment.