Dechert Flip-Flop Highlights Firms' Staffing Dilemmas

Law360, New York (March 4, 2008, 12:00 AM EST) -- Economic uncertainty inspired by the widening credit crunch has left many top firms wrestling with the question of whether to reassign associates in slumping practice areas or to start making job cuts. Law firm Dechert LLP now seems to have done a bit of both.

Widespread reports that surfaced Friday of pink slips being handed to 13 Dechert associates in the firm's finance and real estate practice were quickly followed by revelations that the associates had also been given the opportunity to work in another practice...
To view the full article, register now.