Am Law 200 Firm Announces Employee Cuts, Citing 'Challenging Economic Environment'
Rightsizing strikes yet again.
Biglaw firms across the country are continuing to slim down for summer, as yet another one conducts a reduction in force.
The firm behind the latest round of layoffs is Eckert Seamans. After conducting a “strategic review of [its] resources and evaluation of [its] business services” — Eckert — which brought in $139,650,000 gross revenue in 2022, putting it at No. 187 in the most recent Am Law 200 ranking — announced earlier this week that it would be making firmwide cuts among its business professionals. In the memo announcing the reduction in force (available on the next page), the firm cited its “existing and forecasted demand” amid a “challenging economic environment” in its decision-making.
According to a firm spokesperson, no attorneys were affected by this reduction, and approximately 2% of business administrative professionals were impacted. Their last day with the firm was June 1.
Law Firm Business Development Is More Than Relationship Building
Best of luck to those who were let go from their jobs at Eckert Seamans.
(Flip to the next page to read the full memo from the firm.)
If your firm or organization is reducing the ranks of its lawyers or staff, whether through deferrals, open layoffs, stealth layoffs, or voluntary buyouts, please don’t hesitate to let us know. Our vast network of tipsters is part of what makes Above the Law thrive. You can email us or text us (646-820-8477). Thank you for your assistance.
If you’d like to sign up for ATL’s Layoff Alerts, please scroll down and enter your email address in the box below this post. If you previously signed up for the layoff alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each layoff announcement that we publish.
Sponsored
Luxury, Lies, And A $10 Million Embezzlement
Law Firm Business Development Is More Than Relationship Building
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Curbing Client And Talent Loss With Productivity Tech
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
Sponsored
Ranking The Law Firms Lawyers Love
Curbing Client And Talent Loss With Productivity Tech
