Seven of the firm’s offices were targeted, but 38 of the layoffs were at the Minneapolis headquarters.
The firm saw flat revenues, with a small decrease in profits per partner, in 2008.
Dorsey & Whitney LLP is a large law firm, with close to 700 lawyers and 850 staff, located in 19 offices in the United States, Canada, Europe, and Asia.
UPDATE
The firm also this week implemented a 10% salary reduction for all associates. Contract lawyers are being asked to take a similar cut. This is on top of an existing salary freeze.
It’s more, they ask us leave, so they feel good about themselves. So it’s a lot more than 55 layoffs. Very sneaky.