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Law Practice

Mar. 2, 2009

Latham Cuts Signal Industry's Dire Straits

The Los Angeles-based Latham & Watkins, which laid off 190 associates and 250 staff members, is often viewed as an industry bellwether.

By Amanda Becker
Daily Journal Staff Writer

LOS ANGELES - The phones of Latham & Watkins associates started ringing before dawn on Friday as partners called to tell them whether they would be cut in the largest law firm layoff to date.

The firm's managing partner, Robert Dell, sent a firm-wide email at 5 a.m. PST Friday announcing 190 associates and 250 paralegals and staff would be gone from the firm by the end of the day - and the phone call...

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