According to a memo Squire Sanders sent to the Above the Law blog, the law firm is indefinitely deferring half of its incoming 2009 associate class and planning to let go an additional 20 to 25 "timekeepers" firmwide, in what would be the fourth round of cutbacks in the past year. Squire Sanders already had deferred incoming associates until January 2010. The memo also stated that managing partner James Maiwurm recently replaced R. Thomas Stanton as chairman.
Changes at Squire Sanders: Deferrals, Layoffs, New Management
The American Lawyer
October 22, 2009