THE MIDSIZED FIRM

For Chadbourne & Parke, the damage done by the economic downturn settled right at unlucky 13. The New York firm saw 13% of its overall headcount decline last year, falling from 431 lawyers to 375. Managing partner Charles O’Neill attributed most of the losses to a round of layoffs in March of 25 associates and counsel across the firm’s 13 offices. Not surprisingly, Chadbourne’s corporate and transactional practices were most affected by the downturn.