Looks like the layoffs hitting the news reporting business in general are hitting legal reporting as well.
Bob Norman of the Broward-Palm Beach New Times is reporting that American Lawyer Media (ALM), which owns The American Lawyer magazine and legal newspapers nationwide, announced last week in a memo from CEO William L. Pollak to staff that it is laying off 42 employees nationwide. This amounts to about four percent of its workforce.
Trimming 4% of the employees from any organization over 50 is probably healthy. But it may be a sign of things to come as Incisive Media, ALM’s owner, brings to the forefront its new media bent.