Barely a week after explaining to the firm’s partnership disappointing year-end results for 2005, the management at Pillsbury Winthrop Shaw Pittman is dealing with another sticky subject: getting a portion of the firm’s administrative staff to give up their jobs.
Managing partner Marina Park isn’t saying how many people the firm wants to see leave, but she expects a voluntary buy-out program to involve no more than 50 of the firm’s thousand-person staff.
If that doesn’t work, she hasn’t ruled out layoffs. “We don’t have any plans to lay off staff,” Park said Friday. “We will take a look at our business and evaluate that” after the firm completes its program. The goal is to reduce the number of staff to attorneys.
