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Bloody Thursday: 4 Major Law Firms Ax Attorneys; More Layoffs at Others?

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The legal sector is reeling from the economy, as evidenced by what the ABA Journal is calling "Bloody Thursday": four well-known law firms have announced attorney and staff layoffs. Here's the rundown for today:

Firm	Associates	Staff
DLA Piper	80	100
Faegre & Benson	29	unknown*
Goodwin Proctor	38	36
Dechert	19	none**

*An unknown number of staff members were offered "voluntary" separation packages.
**Dechert laid off 72 staff members, or 12.5% of the administrative staff, late last year.

(Source: ABA Journal - Law News Now)

Full post as published by A Paralegal's Blog on February 12, 2009 (boomark / email).

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