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Lowenstein Sandler laid off about 8% of its attorneys on Thursday. The Roseland, N.J.-based law firm let go of 21 lawyers and 32 staff employees and reduced its incoming associate class size by three spots. "Unfortunately, our efforts to substantially curtail expenses over the past year without reducing full-time headcount proved insufficient in the face of a rapidly slowing economy and slowing demand for legal services," stated managing partner Gary M. Wingens.
February 27, 2009 at 12:00 AM
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