While staff could see lower pay raises in the near future, mass layoffs are unlikely, said staffing experts.
In an American Lawyer article authored by Patrick Smith, David Schaefer, Managing Director of Calibrate and former managing partner at Loeb & Loeb, provides commentary on the future of hybrid work and other flexible allowances at law firms now that they have been established.
“Positive or negative, those forces have been unleashed and will play out for a while.’”
The article goes on to discuss several experts’ statements on flexible work offerings as well as what would happen if they were to be taken away by firms. The article also speaks to the unlikelihood of mass layoffs and instead the addition of new employees to many firms over the next few months.