Reed Smith confirmed Tuesday that it made its second round of economic-based cuts, saying for the first time in this recession that it is letting go of U.S. attorneys as well as staff. The firm cut 17 associates and 55 support staff in the United States late Tuesday morning. It also put nine U.K. associates and 19 U.K. staff members into redundancy consultation, putting the firm's total potential layoff count for the day at 100, according to firm managing partner Gregory Jordan.
Reed Smith Cuts Attorneys, Staff in U.S. and London
The Legal Intelligencer
March 31, 2009