The slowing economy has hit home at Dechert, which has issued layoff notices to 13 associates in its finance and real estate practice, according to a source inside the firm. Shortly after the firm confirmed the planned layoffs, the source said the firm chairman issued a statement that Dechert would offer the 13 associates positions in other practice groups. The news comes amid a record financial year for the firm, with $836 million in gross revenue and more than $2.3 million in profits per equity partner.
March 03, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The slowing economy has hit home at Dechert, which has just issued layoff notices to 13 associates strictly in its finance and real estate practice, according to a source inside the firm.
Shortly after the firm confirmed the planned layoffs, the source said Chairman Barton J. Winokur issued a statement that the firm would then offer the 13 associates positions in other practice groups.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
