Clifford Chance Axes 20 US-Based Associates

Law360, New York (October 14, 2008, 12:00 AM EDT) -- Clifford Chance LLP disclosed Tuesday that it will lay off 20 associates from its litigation and dispute resolution practice group, marking the firm's second round of layoffs in the past year.

The Magic Circle firm said in a statement that the associates would be laid off “as sluggishness in litigation matters continues despite market volatility that historically has produced countercyclical balance.”

All 20 of the associates are based in either New York or Washington, D.C. According to AboveTheLaw.com, which first broke the story, the layoffs will...
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