The summer sun doesn’t always mean good times — sometimes the warm weather brings layoffs.
Faegre Drinker, a Biglaw firm ranked 55 on the Am Law 100, with $991,262,000 in gross revenue last year, internally announced layoffs. Though the precise scope of the layoffs is unknown, they will impact staff, counsel, and senior attorneys in operations. The positions will be eliminated effective February 9th. The firm will be offering a severance package for those laid off.
You can read the full email below.
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.
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Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter @Kathryn1 or Mastodon @[email protected].
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