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Nationwide Layoff Watch: Morgan Lewis Lays off 216

Morgan Lewis.JPGThis one even caught us by surprise. We had received some indication that Morgan Lewis was finished with its layoffs, but apparently the reductions earlier this year were just the beginning. A firm wide memo announced the sad news to MLB employees a short while ago.

Unfortunately, we have reached the point where we believe that the greatest good for the greatest number of our colleagues will be achieved by eliminating some positions and bringing our overall numbers more in line with the realities of the present economic environment and what we believe will be the expectations of our clients in the future. Therefore, we will be informing today a number of our attorneys and members of our staff throughout the firm that their employment will end. We expect to inform those of you who are being affected by this decision as early as possible today, at which time we will also discuss with you certain available termination benefits.

The memo goes on to list the damage: 55 attorneys and 161 staffers. The memo makes no mention of the severance package that is going to be offered to the ex-MLB people.

It is not going to be a happy Monday.

Read the full memo after the jump.

MORGAN LEWIS & BOCKIUS -- MEMO -- LAYOFFS

In the video presentations that I have made over the last few months to staff and lawyers, I have candidly discussed the topic of possible layoffs of our personnel. I have tried to do so by explaining the many external factors affecting us and law firms generally, including the troubled economy and the changing requirements legitimately being imposed on us by our clients. In each of our video meetings I told you that we had not yet reached the point where we believed that a reduction in force was necessary, and that we were monitoring the situation closely, but that we could not guarantee that layoffs would not be necessary in the future.

Unfortunately, we have reached the point where we believe that the greatest good for the greatest number of our colleagues will be achieved by eliminating some positions and bringing our overall numbers more in line with the realities of the present economic environment and what we believe will be the expectations of our clients in the future. Therefore, we will be informing today a number of our attorneys and members of our staff throughout the firm that their employment will end. We expect to inform those of you who are being affected by this decision as early as possible today, at which time we will also discuss with you certain available termination benefits.

Our decision today will affect 55 lawyers and 161 of our legal and administrative staff across the firm's U.S. offices. We will continue to take other steps to manage our expenses, including delaying the starting dates for the new lawyers joining us from law school, to whom we will offer a paid public service opportunity.

I will be making a video presentation to the entire firm tomorrow at Noon (EDT), in which I will explain our decision in more detail. You will receive an e-mail from your local office administrator regarding room locations in your respective offices. I very much regret that you are learning of this decision by e-mail, but we felt that it was important that everyone know of our decision before any individuals were informed of their status. I hope that as many of you as possible will attend the presentation so that we can provide you with more details, and so that we can all then direct our energies to the future and to continuing the success of the firm we have worked so hard together to build.

I regret that some very fine employees are losing their jobs, but I assure you that much thought went into our decision. We remain busy in many significant areas of the firm, and we remain quite confident about the future. But, as I will explain in tomorrow's video, we also know that future success will require us to keep our expenses and personnel numbers in line with our clients' expectations.

I am grateful to all of you for your continuing support and excellent work in these difficult times.

Earlier: Nationwide Layoff Watch: Morgan Lewis Lays Off Associates. Numbers Could Reach 50

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