Weil Slashes 60 Associates, 110 Staffers

, The Am Law Daily

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Citing a drop in demand for premium legal services that he called the "new normal," Weil, Gotshal & Manges managing partner Barry Wolf announced Monday that the firm is trimming associate head count by 7 percent, laying off 110 non-lawyer employees, hitting some partners with "meaningful compensation adjustments," and reducing its complex commercial litigation practice in Houston and Boston.

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