Sidley Leads Latest Round Of Layoffs With 229

Law360, New York (March 12, 2009, 12:00 AM EDT) -- Massive legal-industry layoffs continued Thursday, with Sidley Austin LLP reportedly axing 89 associates and 140 staff members and with at least three other firms — Blank Rome LLP, Baker Botts LLP and Gardere Wynne Sewell LLP — also making cuts.

In a memo first reported on by the legal blog Above the Law, Sidley Austin said that, despite conservative financial management, it was not immune to the current turmoil.

“We have concluded that we must do what many other law firms have found it necessary to...
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