McDermott lays off 60 attorneys, 89 staff

Dip in corporate transactions cited for reductions.

, The National Law Journal

McDermott Will & Emery has laid off 60 lawyers and 89 staff employees, citing a slowdown in clients' business and a resulting impact on the firm. McDermott follows in the footsteps of other major law firms across the country, including Morrison & Foerster, Blank Rome and Mayer Brown, that have also cut their attorney workforces in recent months in the face of decreased client demand in certain areas, such as real estate and financial securities work.

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