April 1, 2009

Reed Smith to lay off 100 lawyers and staff

The steady drumbeat of layoffs in the legal world continued yesterday with the announcement by Reed Smith L.L.P. that it would let go 100 lawyers and staff in offices in the United States and London.

The firm, which is headquartered in Pittsburgh and has a large Center City office, said it would let go 17 lawyers in various U.S. offices and nine in its London office. A total of 74 administrative staff also would be laid off, the firm said, in the United States and the United Kingdom.


March 27, 2009

Dechert lays off 125

The Dechert law firm said Thursday it has laid off 125 lawyers and staff firmwide due to the economic slowdown.

The cuts include 63 lawyers and nonlawyers including paralegals, plus 62 administrative staff.

Source: Philadelphia Business Journal

February 27, 2009

Latham & Watkins Cuts 190 Lawyers

In a vivid illustration of how the global recession is battering the legal profession, Latham & Watkins, one of the largest law firms in the nation, announced yesterday that it will let go 190 lawyers and 250 paralegal and support staff.

Latham & Watkins, which represents clients such as District-based Carlyle Group, Goldman Sachs, Harrah’s Entertainment and UBS, has nearly 270 lawyers in Washington and more than 2,000 worldwide.

Source: The Washington Post

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