Are The BigLaw Layoffs A Good Thing?

Dan Slater, the former lead author of the Wall Street Journal's Law Blog, has a controversial new column at the New York Times Deal Book in which he ponders whether all of the BigLaw layoffs just might be a good thing after all. Slater writes: The legal media, in its rush to side with the fallen, has often cast the layoff wave as the result of endemic firm mismanagement finally coming home to roost. Perhaps.