Perhaps the Clifford Chance layoffs were just the beginning. We’re getting multiple reports that Katten Muchin Rosenman is laying off associates in their Chicago office, today. Right now.
Katten representatives did not respond to inquiries made last night or today.
Meanwhile, the Charlotte-firm of Moore & Van Allen has laid off 20 staff members today. Though calls to Moore & Van Allen were not immediately returned, one tipster suggests that the layoffs were focused in the Wachovia practice group.
No word yet on the safety of associates at Moore & Van Allen.
We will update you as more facts become available. But do not trust to hope, it is forsaken in these lands.
Update (5:40): Moore & Van Allen tipsters want us to know that the Bank of America group was hit just as hard, if not harder than, the Wachovia group.
Update (6:05): While Katten is still not officially confirming anything, recently laid-off attorneys are telling us that they are hearing that between 20-25 associates where let go today in the Chicago office. The severance package: 90-days at full salary. Not good times today. Bad times.