Katten Muchin Rosenman has officially announced that they have parted ways with a number of attorneys. According to partner and spokesperson Tasneem K. Goodman:
Katten Muchin Rosenman LLP this week eliminated the positions of 21 associates and counsel across multiple offices and practices. This measure was taken to further improve the firm’s efficiency, to allow for the continued growth of its associates and to ensure the firm’s long-term success. No adjustments will be made to the new first-year associate class. The firm’s financial performance remains strong despite the current economic downturn.
You have to compare that statement with the one from Clifford Chance yesterday. After laying off 20 litigation associates, their statement said (in part):
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Those attorneys in New York and Washington, D.C. affected by today’s decision are held in high regard by the firm. These layoffs were not performance-driven
From Katten we hear that their 21 associates were laid off “to improve efficiency.” Make of that what you will.
Check here to see how Katten’s layoffs unfolded throughout the day.
Earlier: Nationwide Layoff Watch: Is Katten Cutting Fat?
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Nationwide Layoff Watch: Clifford Chance (Redux) Twenty Litigators Laid Off, in NY and DC