Latham & Watkins has confirmed that it is laying off 190 associates, or approximately 12 percent of the firm's associate base. The firm also announced cuts of 250 non-legal staff, including paralegals. The layoffs are the most dramatic cuts announced so far by an Am Law 100 firm. After mounting speculation, Latham's chairman, Robert Dell, confirmed Friday morning that the firm had little choice given the current economic climate.
Latham to Cut 190 Associates, 250 Staff
The American Lawyer
February 27, 2009