Silicon Valley’s Gunderson Lays Off Attorneys Across Offices (1)

Gunderson Dettmer, the Silicon Valley-based law firm that advises startups and venture capitalists, is laying off attorneys.

The law firm recently let go of 10% of its attorneys, paralegals and staff, Gunderson managing partner David Young said in a memo viewed by Bloomberg Law. The move came “in response to current macroeconomic and market conditions,” Young said in the memo.

A Gunderson spokesperson confirmed the layoffs, declining further comment.

The cuts include first-year associates, who officially started at the firm in January after a nearly three-month delay, according to three sources familiar with the situation.

Incoming associates graduating in the ...