Hand extended: pro bono as profit center

“The law firm Goodwin Procter, which laid off nearly 40 lawyers and staff last year, is asking the taxpayers of Worcester and Lowell, Mass., to pay the firm more than $1.75 million in legal fees for ‘pro bono’ work on behalf of aggressive beggars fighting city crackdowns.” [Ira Stoll, Future of Capitalism]

One Comment

  • When a law firm has to law off lawyers, doesn’t that suggest strongly that they over-hired in the first place? When I give away more than I probably should have during a boom period, let’s say, by donating some of my pay to panhandlers, should the taxpayers make up for my generosity later on?