Once High-Rolling Vegas Law Firms Now Watch Their Wallet
Dealing with the worst legal economy they have seen in nearly four decades of practice, senior partners at law firms in Las Vegas are cutting costs wherever they can. At Jones Vargas, that has meant partner pay cuts, rescinded job offers to a couple of incoming associates and one attorney layoff, the firm's president, Joe Brown, tells the Las Vegas Business Press. Eight staff members also were let go by the firm earlier this year, and the total number of attorneys at Jones Vargas is down by about 10 compared to three years ago because of attrition, Brown says. Among the bright spots: The firm is on budget for the year and has added to its roster this month Brian Sandoval, a former federal judge and state attorney general who is running for governor.
Once High-Rolling Vegas Law Firms Now Watch Their Wallet abajournal.com Wed, Oct 28, 2009