Today sees three new targets in the Law Firm Wikipedia Edit War, all thanks to what should be an embarrassing article from The Boston Globe.
Bingham McCutchen laid off associates, and then posted not only increased profits per partner (which can happen when you cut expenses), but also increased revenue. How you cut staff while having an increased workload is beyond me. Sounds like their clients are getting ripped off.
But, what makes Bingham’s actions particularly bad is that the firm chairman described 2009 as the “best year ever.” Yeah, unless you were one of the people for whom it was the worst year ever. Douche.
Fish & Richardson also conducted lay offs while posting an increase in profits. Their managing partner had a little more tact and described the recession as “a painful year for everyone.” Of course, it’s not nearly as painful if you’re one of the Fish partners. They saw a staggering 20% increase to profits per partner.
And last, but certainly not least, Wilmer Hale…oh Wilmer Hale, you sick sons of bitches. Wilmer Hale only posted a 7% increase in profits per partner, but the reason they’re going up on the ol’ wall of shame is lying to the press about layoffs. In June 2009, AbovetheLaw.com reported stealth layoffs at Wilmer Hale. Wilmer Hale denied that any layoffs had taken place, and even said none were planned or expected. Then in July, just one month later, announced that layoffs had occurred. And, then again in October. What the Hale?
List of Wiki Raids:
Fish & Richardson