Dechert Law Firm Implements 5% Global Workforce Reduction.

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.
Topics:business#attorneys#business-professionals#dechert#global-workforce#law-firm-layoffs#reduction-in-force
- Am Law Top 50 Firm Begins Reduction In Force, Will Cut 5% Of Global Workforce Above the Law
- Dechert to Cut Global Workforce by 5% | The Legal Intelligencer Law.com
- Dechert lays off 5% of its workforce, citing decline in demand The Business Journals
- Dechert Firm to Cut 5% of Workforce in Latest Big Law Layoffs Bloomberg Law
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
2 min
vs 3 min read
Condensed
81%
436 → 81 words
Want the full story? Read the original article
Read on Above the Law