Layoffs

Nationwide Layoff Watch: Epstein Becker Adds 53 to the Body Count

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Apparently, mid-sized firms are not immune from the layoffs today either. We just received word that Epstein Becker and Green laid off 23 attorneys and 30 staff today. Here is the official firm statement:

Given current economic conditions, the Firm is making adjustments to both legal and non-legal staffing levels, resulting in the reduction of 23 attorneys and 30 staff members firmwide. This decision was an extremely difficult one, and was made only after very careful consideration of our options. While these are difficult times for employers and employees in every industry, these actions better position the Firm to meet its clients’ needs and the economic challenges that have presented themselves. The Firm remains on a solid financial footing, with a very loyal client base, and five well-positioned core practices. Further reductions are not planned.

You might remember that back in December, Epstein Becker decided to pay out $0 in bonus. At the time, the firm said:

While we do not make this decision lightly, at a time when many law firms and businesses are engaged in large-scale lay-offs or worse, this decision is, we believe, a moderate response to what are unprecedented circumstances facing our industry.

That was then, this is now. And right now, nobody is safe.

Earlier: Associate Bonus Watch: Epstein Becker & Green Sets Bonuses to Zero

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