Day Pitney Axes 29 Staff in 3rd Round of Announced Layoffs This Year
Day Pitney let 29 staff members go last week, in the law firm’s third round of layoffs this year.
The 400-attorney Hartford, Conn.-based Northeast regional law firm also laid off 20 lawyers in May and 66 staff members in February, reports the Connecticut Law Tribune.
James Sicilian, the firm’s co-managing partner, tells the legal publication the cost-cutting move was in response to downsizing and economizing on legal fees by corporate clients. He says there won’t be any more layoffs this year, and he also expects none in early 2010.
However, an unidentified attorney in the firm’s Hartford office says the layoffs have created anxiety that more individuals will be let go after the firm’s annual performance reviews if the economy doesn’t pick up.
“Every time profits per partner go down, the reaction is to fire people,” the lawyer states, noting however that Day Pitney’s downsizing is far from unique in the current legal market. “In fairness to the firm, no one else has an answer either.”
