Cooley Godward Kronish laid of 58 staffers yesterday, but not attorneys were affected in this round of cuts. According to a memo sent out to all employees, the layoffs were made to eliminate “pockets of staffing overcapacity”.

Cooley Godward Kronish LLP is a law firm that represents entrepreneurs, venture capitalists, and emerging growth companies in major technology fields. The 650-attorney firm is headquartered in Silicon Valley’s Palo Alto.