Layoffs

Nationwide Layoff Watch: Greenberg Traurig Tells Real Estate Associates To Take A Long Weekend

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Here’s some (more terrible) news that we don’t want to get passed over just because it’s late on a Friday.

We are hearing reports that a number of associates will be laid off from Greenberg Traurig today. As we understand it, the layoffs are focused in the New York office and are being conducted right now. They hope to be finished before the close of business today.

The firm declined to respond to an immediate request for comment, but our tipsters report that the Real Estate practice group is going to be hit the hardest. The numbers are too varied from our sources to be able to confirm how many associates are being let go today.

In terms of severance, tipsters have confirmed that the laid off associates will receive a two month package.

The new firm motto of Greenberg is: “We’re Built for Change.” We hope the same can be said of their former real estate associates.

Oh the irony, after the jump.


It is a bit ironic that Greenberg, which just acquired the White Plains office of Thacher Proffitt & Wood, would be laying off associates on the same day that TPW is laying off paralegals. In fact, it is a bit strange that Greenberg acquired a new office of anything at all not 20 days before they moved to axe a number of associates.

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Such is life in the nasty, brutish, and short lived world of Biglaw practice these days. One moment the firm is telling you “everything’s great,” “we’re expanding!” The next minute you’re out of a job.

Happy Friday. Let’s hope everybody in Biglaw who hasn’t been fired yet still has a job on Monday.

Earlier: Thacher Proffitt & Wood Abandons White Plains

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