By David Ruiz
Daily Journal Staff Writer
Weil, Gotshal & Manges LLP is enacting layoffs and pay cuts, the firm announced Monday in a firmwide email.
The cuts will predominantly affect the firm's Boston and Houston offices, the firm said.
New York-based executive partner and management committee chair Barry M. Wolf, author of the email, said the layoffs come as a result of a "new normal" in the legal market after the 2008 financial crisis.
Weil, Gotshal...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In