Do law firms ever truly make non-reactive hires? Will cuts be contained to the US much longer? And where have all the restructuring lawyers gone? Find out the answers in the London Lawyer Briefing.
December 02, 2022 at 06:34 AM
4 minute read
News Editor
London lawyers and those outside Cooley’s U.S. offices were able to breathe a sigh of relief this week, as the firm’s hard-hitting cuts were contained to its stateside operations.
The firm has cut 150 of its U.S. associates and staff as a result of overhiring during a busy period. But now that work is drying up across the market, the firm has made the decision to wield the axe.
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