Freshfields Bruckhaus Deringer is the latest firm to be hit by the market downturn, with the Magic Circle firm confirming it has been forced to make redundancies in its real estate department. A handful of associates in Freshfields' real estate team have been laid off after a consultation at the firm that resulted in the restructuring of the practice. The numbers involved are not yet clear, but less than five lawyers in the firm's commercial property practice are thought to have lost their jobs so far.
Freshfields Lays Off Real Estate Associates
September 22, 2008