It’s been a while since a firm has announced layoffs, but McDermott, Will & Emery has put an end to that.
The firm announced today in a firmwide e-mail that it was handing pink slips to 25 lawyers and 47 staff members, The Am Law Daily reports.
In the firm’s e-mail, chairman Harvey Freishtat says the cuts come because “demand for transactional-related services continues to lag."
This round of cuts follows a similar announcement from the firm in February. In that round of layoffs, McDermott terminated 60 lawyers.
The Am Law Daily has more here.