Stealth Layoffs And Sam Alito On Tilt
About this episode
The episode discusses stealth layoffs in Biglaw, a major insider trading case, and recent actions by the Supreme Court regarding voting rights.
Also a major insider trading case strikes Biglaw. ----- The legal industry as a whole continues to rake in cash, but a few firms have shown signs of trouble. Reports out of Paul Weiss bear all the hallmarks of a stealth layoff, with litigation associates being let go for "performance" issues that never came up before. Meanwhile, a recent megamerger firm found itself cutting back on supposed redundancies. The Supreme Court set out to obliterate what’s left of voting rights, and along the way Sam Alito managed to cite fake facts and throw a temper tantrum at Justice Jackson. Also, the DOJ announced breaking up a major insider trading scheme involving multiple Biglaw firms.
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