Nixon Peabody lays off 38 staffers
Posted Apr 15, 2014 8:08 AM CDT
By Debra Cassens Weiss
Nixon Peabody has laid off 38 staffers across the firm’s 16 offices.
CEO and managing partner Andrew Glincher said in a statement provided to the ABA Journal that the layoffs affect staffers “at all levels of tenure.”
“Nixon Peabody manages our business in the U.S. and internationally to best serve the needs of our clients,” Glincher said. “With that as our focus, we have taken action to enhance operational efficiency through a flatter administrative structure and a more centralized legal support model.”
Above the Law reported the news and asked Glincher whether the layoffs were made to position the firm for a merger. The blog noted a December report by Reuters, based on anonymous sources, that Nixon Peabody was in merger talks with Blank Rome.
Glincher told Above the Law that Nixon Peabody has “discussions regularly with other law firms on matters relating to the profession and areas of mutual interest. In the ordinary course, we consider growth opportunities that are consistent with our strategic objectives and criteria. However, it would be inappropriate to comment on any specific discussions at this time.”