Sedgwick confirms some staff layoffs after more partner departures
Sedgwick has laid off some staffers after at least eight partners left the firm to join other BigLaw rivals in the last few weeks.
The latest partner losses follow the departures of 40 Sedgwick lawyers in Dallas and New Jersey, including 15 partners, at the start of the year, the Am Law Daily (sub. req.) reports.
Among the firms recently picking up Sedgwick partners are: Mintz, Levin, Cohn, Ferris, Glovsky and Popeo; Crowell & Moring; Troutman Sanders; Maynard, Cooper & Gale; Hawkins Parnell Thackston & Young; and Shartsis Friese.
The Am Law Daily published a statement on the layoffs by Sedgwick chairman Michael Healy.
“As the legal landscape has become more global, the requirements of our clients have become more complex and diversified,” he said. “This globalization has led to the departures of lawyers, and Sedgwick has experienced some of those departures. Sedgwick has also brought additional attorney groups on board in 2017 that align with our strategic growth initiative. We have had some staff departures which have helped us to right size the firm to allow us to increase our efficiencies and better compete in the market.”
See also:
ABAJournal.com: “Sedgwick partner settles equal-pay suit”
