Layoffs
Lowenstein Sandler lays off 16 workers members, citing altering wants and shifting market
Lowenstein Sandler has laid off 16 enterprise providers professionals, the legislation agency confirmed to Legislation.com Wednesday night.
Lowenstein Sandler is offering outplacement help and sources to the staff who have been laid off, a spokesperson told Law.com in a press release.
“Altering consumer and legal professional help wants, mixed with shifting market dynamics, brought on us to overview our enterprise providers group staffing ranges throughout the agency,” the assertion mentioned. “On account of this overview, we made the troublesome resolution to separate from 16 of our enterprise providers professionals.”
Nameless sources informed Legislation.com that the layoffs occurred in New York, New Jersey and Washington, D.C.
Legislation.com mentioned layoffs have grow to be “a comparatively widespread incidence in BigLaw during the last a number of months.”
Six different giant or well-known companies have additionally carried out layoffs.
See additionally:
ABAJournal.com: “Citing slowdown, Stroock & Stroock & Lavan confirms layoffs”
ABAJournal.com: “BigLaw agency lays off 12 associates and 26 workers members due to ‘financial headwinds’”
ABAJournal.com: “BigLaw agency cuts 21 workers members, citing ‘extra capability’ and ‘misalignment’”
