Dechert Law Firm Implements 5% Global Workforce Reduction.
Originally Published 2 years ago — by Above the Law
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.