American Lawyer Media reportedly lays off 42
April 24, 2008
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.
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