Cost-saving option for firms: reduced hours

As economy sinks, a layoff alternative.

, The National Law Journal

Would nervous associates jump at the opportunity to work reduced hours at reduced pay if it meant their law firms would forgo layoffs? Officials with the Project for Attorney Retention (PAR) and several legal consultants think so. They are recommending that law firms take a serious look at implementing reduced-hours programs as a way to manage through the flagging economy while protecting their reputations in legal circles.

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