Zimmermann: Law Firm Partner Layoffs Should Be Routine

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July 11 (Bloomberg Law) -- Strong law firms routinely lay off partners, having adopted the General Electric model of annually dismissing those individuals who are under-performing

their colleagues, law firm consultant Kent Zimmermann of the Zeughauser Group tells Bloomberg Law's Lee Pacchia. He also talks about which practice groups are most at risk, how firms avoid the need for full partnership votes when dismissing partners, and how much overcapacity there is in the AmLaw 100 See more +

July 11 (Bloomberg Law) -- Strong law firms routinely lay off partners, having adopted the General Electric model of annually dismissing those individuals who are under-performing

their colleagues, law firm consultant Kent Zimmermann of the Zeughauser Group tells Bloomberg Law's Lee Pacchia. He also talks about which practice groups are most at risk, how firms avoid the need for full partnership votes when dismissing partners, and how much overcapacity there is in the AmLaw 100 partnership ranks. See less -

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Topics:  Business Development, Hiring & Firing, Law Firm Partners, Layoffs

Published In: Labor & Employment Updates, Firm Marketing Updates, Professional Practice Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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