O'Melveny & Myers announced Wednesday that it would lay off 90 lawyers, including associates and counsel, and 110 staffers. The move by the Los Angeles-founded firm comes amid a major contraction of big law firms across the country. In a statement, O'Melveny Chairman A.B. Culvahouse said, "While our litigation practice continues to be very active and robust, we are taking these actions largely to address the slowness in our transactions area."
O'Melveny & Myers to Lay Off 90 Lawyers and 110 Staffers
The American Lawyer
March 4, 2009