March 20, 2009 11:43 AM
Mayer Brown Expected to Cut Up to 23 Associates in London
Posted by Ed Shanahan
Mayer Brown has announced that it plans to restructure its London office, a move that will see up to 55 jobs--including up to 23 associate positions--eliminated. The news was reported by sibling publication Legal Week and in the blog Above the Law.
The firm announced the moves to those in the London office early Friday. The redundancy consultation is part of an "ongoing review of [Mayer Brown's] global operations," a statement released to press organizations said. "The specifics of what that will mean for other offices are still being determined and various options are under consideration."
In addition to the expected job cuts, Mayer Brown plans to implement a pay freeze for staff and associates in London, according to the Legal Week report. Incoming associates in London are being asked to defer their start dates.
"It is an inescapable fact that the global economy is currently going through a severe and prolonged downturn," senior partner Sean Connolly told LegalWeek. "As a firm with clients across almost every impacted sector we, of course, are not immune to the downturn and it was inevitable that we would have to make some adjustments to our business structure."
Mayer Brown's London office currently includes 377 lawyers (113 partners and 264 associates), and 327 support staff.
The expected cuts announced Friday come four months after the firm announced layoffs of 33 lawyers across the U.S.. The news also follows the announcement two weeks ago by Mayer Brown global chairman James Holzhauer that he plans to step down as chair before the end of 2009.Make a comment