Layoffs

Nationwide Layoff Watch: Stealth Layoffs at Kelley Drye?

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There was one more firm we’ve heard a lot about recently, but the firm would not respond to ATL’s multiple requests for comment.

In the past week or so, we’ve received a number of credible tips about layoffs at Kelley Drye. Because the firm will not comment, we don’t know the overall numbers. But multiple tipsters independently report that there were layoffs at Kelley Drye:

A handful of other associates, including first years, got the ax…. Everyone fired was in the transactional group; firm was clear that it was solely for economic reasons.

Another tipster reports:

Layoffs at Kelly Drye. All class years affected including four class of 2008 in New York.

And from a third:

Kelley Drye New Jersey office a ghost town.

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But we’ve also received conflicting reports that there have been no layoffs at Kelley Drye. Many of the litigators we talked with report no layoffs. Then again, if the layoffs were focused in the transactional group, how would litigators know?

But the other question is this: why wouldn’t Kelley Drye announce layoffs yesterday when the entire industry was vomiting jobs? Wouldn’t the firm want to get its bad news out yesterday?

If there were layoffs.

But if there weren’t layoffs, why wouldn’t Kelley Drye spokespeople knock the rumors down when we asked?

If you have any more information about Kelley Drye, please send it in to tips.

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