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As budgets tighten and management teams scramble to cut costs, one of the first and largest measures companies are taking is layoffs, sometimes on a massive scale. Most executives are relatively inexperienced with the possible legal ramifications of widespread layoffs. It's essential that legal experts work with clients to make sure they are as compliant and as fair as possible.
Read Layoff Backlash: Avoiding Employment Law Suits for an overview of all of the legal aspects of widespread termination. From a review of employment contracts to compliance with federal laws, a proactive approach is needed to keep companies (as well as employees) safe.
As always, Lumen Legal is here to partner with you. If you would like help identifying areas for immediate savings within your company or firm, please don't hesitate to give us call.
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