BOSTON — Ropes & Gray cut 106 staff positions, or 10% of its nonlawyer staff.
The Boston-based firm made the cuts on Jan. 29 and announced the news in a firmwide memo sent by Chairman Brad Malt.
Malt stated that the firm’s clients and marketplace “have been seriously affected by the continuing global economic downturn.”
“We reached this difficult decision only after a thorough analysis of all possible areas for prudent cost reduction,” Malt wrote. “We determined that, in addition to significant cuts in non-personnel expenditures that have been made or are forthcoming, it was necessary to reduce our staff numbers.” Intellectual property firm Fish & Richardson also conducted a nonlawyer staff layoff on Jan. 29, letting go of 30 employees across eight U.S. offices.
Akin Gump Strauss Hauer & Feld cut 65 staffers and Indianapolis-based Ice Miller cut about 14, or 2%, of its staff positions this month.
A few other firms focused on staff-only cuts late last year: Reed Smith cut 115 U.S. staffers in December; Boston-based midsize firm Goulston & Storrs eliminated 40 staff positions, also in December; and Boston’s Edwards Angell Palmer & Dodge let nearly 60 support staff members go in November.