Link: Law.com - Cadwalader Laying Off 35 in Wake of Slumping Markets. This big law layoff illustrates another advantage of solo law practice. Regardless of what happens to the market or mortgages or whatever area of law I practice in, nobody is laying me off. As a solo, I am free to switch specialties, if I am willing to put in the time. At least, while I am doing it, I can practice law. Of course, if you are a big law layoff victim, why not use the opportunity to test the solo waters? You might be surprised what happens.