Mayer Brown is restructuring its London office, with up to 23 associates and 32 support staff expected to lose their jobs. On top of the cuts, the firm is also instituting a pay freeze for London staff and associates and is asking for trainees due to start at the firm in September 2009 to volunteer to defer until 2010. The firm said the restructuring was part of its strategy moving into 2009 and 2010 in response to the global recession.
Mayer Brown to Cut 55 Jobs and Freeze Salaries in London
March 20, 2009