DLA Piper Cuts Staffers, But Won’t Disclose the Numbers
Posted Nov 16, 2010 9:23 AM CDT
By Debra Cassens Weiss
DLA Piper is confirming new layoffs of support staffers, but isn’t supplying details on numbers.
A statement supplied by the law firm confirms a “right-sizing” and says it is assisting those who lost jobs with outplacement services. Above the Law first reported on the layoffs on Friday, saying offices in Baltimore and Sacramento were among those affected.
DLA offices in the United States saw gross revenue fall nearly 14 percent to roughly $1 billion in 2009, the Am Law Daily reports in its story on the layoffs. Revenue per lawyer dropped to $810,000, a decline of 5.3 percent, while profits per partner dropped to $1.2 million, a decline of 5 percent.
The firm already cut staffers and lawyers in two rounds of layoffs last year.