Above the Law is reporting on another big layoff of BigLaw staff, asking the question: Has the Great Associate Pay Raise of 2016 ushered in the Not-So-Great Staff Layoffs of 2017?
David Lat writes that “approximately 60 staffers at Dentons were informed that [March 10] would be the last day at the firm. We heard from a number of the affected individuals, and some of them speculated that the layoffs were caused in part by the need to trim expenses in the wake of increased costs for associate compensation.”
Lat’s reporting found that the cuts appear to be centered on support staff. Also, bonuses and raises expected for remaining staff on April 1 will be delayed.