Blank Rome, Layoffs

Nationwide Layoff Watch: Blank Rome Lays Off 12 ... So Far

By  
on

Last night and this morning, tipsters informed us that significant layoffs were taking place at Blank Rome. A firm spokesperson is now able to confirm the news:

As we continue to focus on helping our clients manage through these challenging economic times, and in order to position the Firm for continued success in 2009, it is important that we take the necessary steps to adjust our attorney and staff complements in the context of our clients’ current and anticipated needs. These are purely economic decisions – this is a group of talented attorneys and staff who have made valuable contributions to our Firm.

Our tipsters report that at least 12 associates and staff have been let go so far. But:

Also, there is an unconfirmed report that when this ends the total of layoffs will be 50. Good lord.

The firm could not provide us with official numbers of how many people will be let go by the end of the day.

But we do understand that the layoffs will affect all departments and class years — we know some non-equity partners have already been shown the door. Blank Rome’s Philadelphia office was hardest it, but layoffs happened in New York as well.

Maybe if Mos Def would pay his bills, this wouldn’t be happening.

Sponsored

Read the full firm statement after the jump.


BLANK ROME — STATEMENT — LAYOFFS

As we continue to focus on helping our clients manage through these challenging economic times, and in order to position the Firm for continued success in 2009, it is important that we take the necessary steps to adjust our attorney and staff complements in the context of our clients’ current and anticipated needs. These are purely economic decisions – this is a group of talented attorneys and staff who have made valuable contributions to our Firm. We have not taken these decisions lightly, and while Blank Rome remains in strong financial condition having concluded a satisfactory year in 2008, we are not immune to the global economic downturn.

Like any other business, we must assess and respond to the economic realities and the plain fact that we are in the midst of a recession, and that is what we have done.

Earlier: Mos Def is Johnny B. Bad when it comes to his Blank Rome legal bills

Sponsored

Prior ATL coverage of law firm layoffs

Topics