"Everybody is cowering in fear," says one lawyer about his uncertain future at White & Case. The firm plans to eliminate 200 associate jobs and 200 nonlegal staff positions, and to review potential partnership cuts. Undoubtedly, it must add to the stress that those destined for the chopping block in the U.S. have yet to be informed. Chairman Hugh Verrier notes that "they will know shortly." It's a remarkable turn of events for a firm that only three months ago underwent a major reorganization.
White & Case: Waiting for the Axe to Fall 400 Times
The American Lawyer
March 11, 2009