For the second time this year, Cooley Godward Kronish is axing employees. Fifty-eight staffers were cut Thursday, although no attorneys were let go, according to an all-hands memo from Cooley COO Mark Pitchford, who said the layoffs were done to "eliminate pockets of staffing overcapacity throughout the firm." The Palo Alto, Calif., firm has had a rough go of it lately, losing a string of partners, including some of its top M&A lawyers.
Cooley Lays Off 58 Staffers
October 2, 2009