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. Dechert, which has more than 1,000 lawyers across its 21 offices, is also beginning a “redundancy process in London,” it said in a statement.
“We anticipate that, subject to the ongoing consultation process in London, 5% of our total global workforce will be impacted,” the firm said. “While this was a difficult decision, we continue to execute on the firm’s strategic plan by providing world-class legal service, focusing on areas of ...