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Mark Penn reports that it’s happening with a vengeance – attorneys are receiving pinkslips like nobody’s business.

Firms large, small and in between are getting in on the action.  It’s likely not just a response to bad business – lowering the number of attorneys cuts the payroll and keeps partners in the dough.  I’d imagine those left behind are struggling to manage their new case load and increased billability requirements designed to maintain profits.

Cutting attorneys while whittling the legal firm down to size is a topic long-covered by the brilliant legal commentator and lead paint watcher Jane Genova in Law and More.

Here’s the Wall Street Journal quote:

“For the first time, even lawyers are facing wholesale layoffs. Big firms like DLA Piper have had to let go of 150 lawyers at a time, and this is rippling through the industry. In February alone, Goodwin Procter, Holland & Knight, Pillsbury Winthrop Shaw Pittman, and Latham & Watkins have laid off about 325 lawyers, in some cases cutting almost 8% of their attorneys.”

Read the entire piece here.