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  2. www.reuters.com › legal › legalindustryDechert is latest law firm to trim lawyers amid faltering ...

    May 10, 2023 · May 10 (Reuters) - U.S.-founded law firm Dechert is laying off 5% of its global workforce, a Dechert spokesperson confirmed Wednesday, as cuts spread among large law firms adjusting to a...

  3. news.bloomberglaw.com › business-and-practiceDechert Firm to Cut 5% of Workforce in Latest Big Law Layoffs

    May 9, 2023 · Kirkland & Ellis, Cooley, others have made workforce reductions. Dechert is laying off about 5% of its workforce, the global law firm confirmed Tuesday. The firm is trimming 55 lawyers and 43 professional staff members from its payroll.

    • jwise@bloombergindustry.com
    • Reporter

  4. abovethelaw.com › 2023 › 05Top 50 Biglaw Firm Overhired, And Now Associates And Staff ...

    May 18, 2023 · According to Am Law, Dechert’s 5% global cut will return its workforce to just around its 2021 staffing levels. At the end of 2021, the firm had 1,815 employees, and these layoffs will bring...

    • Staci Zaretsky

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  6. www.law.com › thelegalintelligencer › 2023/05/17Dechert Becomes the Latest Firm Caught in Boom-and-Bust ...

    May 17, 2023 · Dechert has laid off about 5% of its global workforce, leaving the firm with nearly 2021 levels of staffing. According to one source with knowledge of the firm, the cuts were the result of 2022...

  7. abovethelaw.com › 2023 › 05Am Law Top 50 Firm Begins Reduction In Force, Will Cut 5% Of ...

    May 9, 2023 · on May 9, 2023 at 4:46 PM. The layoffs aren’t over yet. The leaders of Dechert — a firm that brought in $1,288,692,000 gross revenue in 2022 (down 3.94% from 2021), putting it at No. 36 in the...

    • Staci Zaretsky

  8. www.jdjournal.com › 2023/05/11 › dechert-law-firmDechert Law Firm Implements Staff Reductions, Laying off 55 ...

    May 11, 2023 · By Rachel E. Posted onMay 11, 2023. Dechert, a prominent law firm, recently initiated a series of staff reductions in an effort to align their workforce with current demand. On Tuesday, the firm...

  9. www.bizjournals.com › philadelphia › newsDechert lays off 5% of its workforce, citing decline in demand

    May 9, 2023 · May 9, 2023. Listen to this article 4 min. Dechert is cutting 5% of its global workforce after a review of existing and projected demand for its legal services.

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