Dechert has followed up recent layoffs with 10 further job cuts, reports The Legal Intelligencer. The firm confirmed that 10 staff attorneys have been let go for economic reasons. As of Wednesday afternoon (25 February), there were 76 people listed on the firm's website under the 'staff attorney' category, with some being referred to as senior staff attorneys.These layoffs are the latest in a number of cuts made by the firm. Most recently, Dechert laid off 19 lawyers, including associates and counsel on 12 February. The cuts came on a day that soon came to be known as 'Black Thursday' as several US firms collectively laid off hundreds of staff and lawyers.Dechert also laid off lawyers back in March 2008 when it cut 13 associates from its finance and real estate department. Those lawyers were quickly offered temporary assignments in other practice groups, and some accepted the offer.
February 25, 2009 at 11:51 PM
1 minute read
The original version of this story was published on Legalweek
Dechert has followed up recent layoffs with 10 further job cuts, reports The Legal Intelligencer.
The firm confirmed that 10 staff attorneys have been let go for economic reasons. As of Wednesday afternoon (25 February), there were 76 people listed on the firm’s website under the ‘staff attorney’ category, with some being referred to as senior staff attorneys.
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