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Softening the Landing for Employees Caught in a Reduction in Force

By Michael E. Mooney and Christa von der Luft
March 31, 2009

As uncertainties in the economy continue, many law firms are facing the reality of excess capacity. Unfortunately, “right-sizing” a firm generally means laying off valuable employees. The loss of a job can be traumatic even in good times, when an employee can expect to quickly land a new position. But with cuts coming from businesses across the board, the next paycheck may be a long way down the road.

Two provisions included in the new American Recovery and Reinvestment Act of 2009 (“ARRA”), as well as a firm's own severance program, can help these employees bridge the gap until new employment opportunities arise.

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