BigLaw Views Partner Layoffs Like Dentons' As Good Biz

Law360, New York (April 19, 2017, 7:24 PM EDT) -- Global law firms are increasingly making tough decisions related to their partnerships as BigLaw’s race to increase profits heats up, with recent reports detailing dozens of partner layoffs at Dentons and another major law firm, a move many in the industry view as good business.

In a report Tuesday, The American Lawyer detailed a move by Dentons to “cull” more than 20 of its U.S. partners since January, and last week, U.K. publication Legal Week reported Freshfields Bruckhaus Deringer LLP has de-equitized two of its finance...
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