2008 Economic Crisis
In 2008, the frozen credit markets, economic shrinkage and global downturn that began in 2008 has had a significant impact on White & Case as well as other law firms. On November 11, 2008, the firm announced that it was laying off 70 lawyers and 100 staff members at a time when job prospects for lawyers were very weak. With a second round of layoffs on March 10, 2009, an additional 200 lawyers and 200 staff were laid off.
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