Sonnenschein Lays Off 37 Attorneys

Law360, New York (May 28, 2008, 12:00 AM EDT) -- Sonnenschein Nath & Rosenthal LLP has laid off 124 employees, including 37 attorneys, in response to the toll the national economic slump has taken on its litigation and real estate practices.

The law firm fired six partners, four of counsel attorneys, 27 associates, 12 paralegals and other nonlawyers and 75 administrative staff members last week.

“This is because of the current economic downturn and the impact this has had on us and our clients and our competitors,” said Linda Butler, Sonnenschein's public relations manager. “We believe...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.