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Re: It was the wrong thread
Quote:
Originally Posted by Atticus Grinch
According to ATL, as of February 27, 2009, Latham had laid off 190 associates and 250 staff (a total of 440). The managing partner said the cuts represented 12% of U.S. associates in the firm.
ETA: The linked article says the 190 figure is on top of any "stealth layoffs" the firm "may have" conducted in the past year. Since I stopped caring about the fate of any Biglaw associates, I leave it to you to decide what that means about the veracity of the 950 figure (which boggles, if 190 is 2% of the total, because that would, if true, mean Latham secretly laid off 32% of its associates before openly laying off 12% of whoever was left). |
He made it sound like these were recent layoffs (at least for the attorneys that were on his deal). But that would be a staggering amount even if it was associates and staff and counted both rounds.
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