Dechert Law Firm Implements 5% Global Workforce Reduction.

1 min read
Source: Above the Law
Dechert Law Firm Implements 5% Global Workforce Reduction.
Photo: Above the Law
TL;DR Summary

Dechert, a top 50 law firm, has announced a global reduction in force that will affect about 5% of its workforce, including attorneys and business professionals. The firm's leaders have stated that those affected will receive severance benefits and career counseling services. The reduction in force includes a redundancy process in the firm's London office and impacts a total of 55 lawyers and 43 business professionals. The firm cites its strategic plan and focus on growth as reasons for the layoffs.

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