Faegre set for German closure with 15 laid off at 'distressed practice'
Faegre & Benson has announced plans to exit Germany, with the US firm's Frankfurt office to be closed down later this year.The closure will result in 15 lawyers, including seven partners, being laid off. The decision to close the office, which covered corporate, real estate, employment, dispute resolution and trademark law, was made at the beginning of the month, with Frankfurt staff informed on 3 April.
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