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Palo Alto, Calif.-based Cooley Godward laid off 86 lawyers and 50 support staff Thursday, becoming the first Silicon Valley firm to lay off lawyers en masse since the region's sharp economic decline. The lawyer cuts will be made firmwide and take effect Aug. 31. Lawyers at competing firms reacted with shock at first. However, one senior partner said, "We fully expected that someone would be the first to blink. ... It wouldn't surprise me if other firms followed."
August 23, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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