“This action was not taken lightly, but we needed to right-size the firm after two years of extraordinary client demand," Gunderson managing partner David Young said in a statement.
April 04, 2023 at 05:11 PM
2 minute read
The original version of this story was published on The American Lawyer
Gunderson Dettmer Stough Villeneuve Franklin & Hachigian laid off 10% of its attorneys, paralegals and staff in its U.S. offices in response to current macroeconomic and market conditions, according to an internal memo obtained by Law.com.
Affected employees were notified on Tuesday, according to the memo, and incoming associates who are graduating in the spring may, on a case-by-case basis, have deferred start dates.
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Gunderson Dettmer Stough Villeneuve Franklin & Hachigian offices. Photo: Jason Doiy/ALM
