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Clifford Chance has laid off 20 U.S. litigation associates, citing "sluggishness" in the practice and stressing that the layoffs weren't performance-related. The cutback affects 17 associates in New York and three in Washington, D.C. Most of the recent layoffs by law firms have been in practices tied to the hard-hit market for mortgage-backed securities. But Clifford Chance's global litigation chair said the litigation layoffs were necessary largely because an uptick expected in that area had not arisen.
October 15, 2008 at 12:00 AM
1 minute read
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