From the rumor mill and the SB:
20-40 mid-level and senior-level associates will be laid off within the next few weeks.
From the SB:
"As a matter of fact, one of the main items to be discussed at the partner's retreat in San Antonio on September 5th-6th is a reduction in the number of associates. Apparently the Board of Directors has asked Section Heads and Practice Group Leaders to offer up associates to be sacrificed."