Monday, January 05, 2009

 

Reduced Hours as an alternative to Layoffs?

In today's National Law Journal, Karen Sloan explores an idea advanced by PAR: law firms should consider offering nonstigmatized reduced hours schedules to associates as an alternative to layoffs. (Cost-saving option for firms: reduced hours, by Karen Sloan, Jan. 05, 2009; subscription required.) Here's a brief summary for those of you who don't subscribe:

Sloan has done a nice job of laying out both sides of the issue, and we hope that frank conversations will result in law firms that are facing the need to cut costs due to declining workloads. Tomorrow, we will explore the topic a bit more in this space. In the meantime, if your firm is considering reduced hours in lieu of layoffs, please drop us a line and let us know.

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