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More Big Law Layoffs

 
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Published 22 months ago

There was yet another high-profile layoff at one of the Big Law firms recently, with Dechert, LLP, announcing that it was laying off 13 associates. Predictably, this was in its real estate and finance departments. This latest announcement is... more

There was yet another high-profile layoff at one of the Big Law firms recently, with Dechert, LLP, announcing that it was laying off 13 associates. Predictably, this was in its real estate and finance departments. This latest announcement is similar to what has been termed the Cadwalader Tuesday Morning Massacre just a few weeks ago, when Cadwalader laid off several employees in its finance departments. Also, word has come that Thacher Proffitt may be cutting some staff loose. There are certainly lots of people leaving, though whether they re going voluntarily or not is unknown. Dechert s situation is rather fluid at the moment, with contradictory statements about people either being moved to new practice areas or just being moved to the exit. Clearly, some sort of restructuring is going on in Dechert. less

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