It’s been a tough day at Goodwin Procter. Multiple tipsters report that the firm is laying off both attorneys and staff today. One source reported on the human toll of losing your job:
[L]awyers were just laid off this morning at Goodwin Procter in Boston. There are both men and women crying in the halls.
It’s not clear what triggered the tears, since Goodwin handled the dismissals professionally, appropriately, and in a manner similar to other top firms. Are Goodwin guys just more sensitive?
Goodwin has laid off 21 attorneys and 34 staff. Here is the critical part from the firm-wide memo Goodwin Procter just sent out to its associates:
In anticipation of a slow economic recovery, we took a number of actions during the year to manage our staffing model, secretarial ratios and discretionary expenses. The end result was that while we were largely successful in realigning resources to meet client needs and market demand, there remains some overcapacity within the firm.
After careful deliberation, we have made the difficult decision to reduce our associate ranks by 21 people and our professional staff ranks by 34 people.
Most of the attorneys who were cut were second-year associates in the firm’s Business Law Department, out of its Boston office.
Read the full memo, after the jump.
Continue reading “Nationwide Layoff Watch: Goodwin Procter Makes Grown Men Cry?”



