Skadden Arps Slate Meagher & Flom has laid off some of its professional staff in the U.S. as Big Law grapples with the new economic considerations brought about by Covid-19.
“We can confirm that we have laid off just under 4% of professional staff across our U.S. offices,” the firm said in an email to Bloomberg Law.
Attorneys were not a part of the cuts announced by the firm.
Some Big Law firms recently announced layoffs as they rethink long term planning and budget considerations in the face of a pandemic that doesn’t seem to be slowing down.
Baker McKenzie ...