Law360 Quotes Huse in "Law Firm Pay Cuts, Layoffs Will Likely Multiply"

Law360 recently published “Law Firm Pay Cuts, Layoffs Will Likely Multiply,” in which the author discusses the methods by which some firms are coping with the economic impacts of the COVID-19 pandemic.

In it, Jill Huse comments on how she feels lawyers can (and should) be proactive in this situation.

Jill Huse, co-founder of law firm consulting firm Society 54, said partners should "absolutely" take on some of the sacrifice and not repeat what happened in 2008 and 2009, when partner compensation at many firms rose even as attorneys and staff were laid off.

"Morale is something that cannot be understated. If firms are willing to delay or cut partner distributions as a first measure, that sends a clear signal to the employees and associates of the firm, which is they are valued and appreciated," Huse said. "If the first thing that is done is layoffs, that sends a completely different message and leads to panic and uncertainty."

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