Bakers cuts 124 US jobs in third round of layoffs
Baker & McKenzie has announced that it is laying off 38 lawyers and cutting 86 paralegal and professional staff positions across its North American offices, writes the Am Law Daily. The firm cited the adverse impact of the economic downturn as the principal factor contributing to the cuts. The announcement marks the third round of layoffs for the 3,600-laywer global firm.In January Bakers let go of six associates in its 140-lawyer New York office. Two months later, it announced a redundancy consultation which put between 60 and 85 jobs in its London office under threat. Around 30 of those positions are expected to be lawyers, with the review expected to completed by the end of this month.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now