What is the reason that Morgan Lewis plans to lay off more than 200 people?
731 Lawyers and Staff Laid Off Monday at Morgan Lewis, K&L Gates and White & Case Posted Mar 9, 2009, 02:14 pm CDT By Martha Neil Updated: A stunning number of new names will soon be added to the law firm layoffs list after announcements today by three major firms—K&L Gates; Morgan Lewis; and White & Case—that they are cutting a total of 731 attorneys and staff. That brings the total number of law firm layoffs at well-known law partnerships, in the 10-day period starting on Feb. 27, to close to 2,500. White & Case, which is responsible for well over half of the cuts, plans to lay off about 200 lawyers and 200 staff, according to an internal memo first reported by Above the Law. The firm also plans to restructure its partnership and has asked some 60 percent of its incoming first-year associate class to defer their start dates until 2010. “These measures follow a thorough, strategic review of our business, including discussions with our regional section heads, global practice leaders an
