Let’s start with the good news. Robinson & Cole, a well known Connecticut-based firm, has named a new managing partner. John B. Lynch (Holy Cross undergrad, UVA law school) was elected managing partner of the firm yesterday. Congratulations.
Sadly, it appears that one of his first acts was to layoff associates and staff. Thirty people are out today at Robinson & Cole. Above the Law just obtained the following press release:
Robinson & Cole has eliminated 11 counsel and associate attorneys, and 19 support staff positions. These cutbacks are taking place among the firm’s seven offices in the Northeast. Other prudent expense reductions will be made across the firm.
“Meet the new boss. Same as the old boss.”
On the bright side, all systems are a “go” for Robinson in terms of incoming first years and the 2009 summer program. That’s pretty good news in today’s market.
Read the full statement from Robinson & Cole after the jump. Good luck to our brothers in UCONN territory.
ROBINSON & COLE — STATEMENT — LAYOFFS
Robinson & Cole Trims Staff
HARTFORD, CT (March 31, 2009) – In a year that has been extraordinary for the global economy, Robinson & Cole has determined that to best position the firm, it is necessary at this time to bring staffing levels more in line with the current demand for its legal services.
As a result, Robinson & Cole has eliminated 11 counsel and associate attorneys, and 19 support staff positions. These cutbacks are taking place among the firm’s seven offices in the Northeast. Other prudent expense reductions will be made across the firm.
“We take these steps with deep regret, and it is difficult for us to say goodbye to some colleagues, but we, like every other business, are experiencing the effects of the economic downturn,” said Managing Partner, John B. Lynch, Jr. “It’s crucial that we align our resources so that we can continue to provide our clients with cost-efficient services.”
Lynch also said that the firm would maintain its summer associate and incoming fall associate programs for 2009.