Posted Apr 03, 2009 05:10 pm CDT
In the midst of a stunning series of major law firm layoffs in the United States and United Kingdom because of the dismal economy, the Middle East has been seen as a relatively booming practice area ripe for expansion.
But there is a slowdown in legal work there, too, says DLA Piper, which is laying off eight associates in its Dubai office, reports Legal Week. That amounts to about 8 percent of the firm’s associate roster there.
The “redundancies” are primarily in the office’s corporate and finance and projects-related practice areas, DLA Piper says.
ABAJournal.com: “BigLaw Firms Converge on Dubai: Jones Day Launches, CC Amps Up”
ABAJournal.com: “DLA Piper Will Cut Pay for Most Partners by 11.5 Percent”
ABAJournal.com: “Under 1-tier Structure, DLA’s Equity Partner Count Jumps from 300 to 670”