Layoffs
Staff Attorneys Getting Laid Off; Dechert Is Latest Example
Dechert has laid off 10 more lawyers, this time making the cuts in its staff attorney ranks.
The layoffs represent about one-fourth of the law firm’s staff attorneys, Above the Law reports. The blog says many large firms are cutting staff attorneys and offers one recent example: Layoffs in January at Skadden Arps Slate Meagher & Flom.
Dechert confirmed that the 10 lawyers were dismissed for economic reasons, the Legal Intelligencer reports. Dechert laid off 19 lawyers in the so-called “Bloody Thursday” layoffs by eight large law firms revealed on Feb. 12. The firm also cut 72 U.S. staffers and 15 from more in London in December.
