Goodwin Procter has laid off 21 lawyers and 17 staffers in its litigation department, but it will consider hiring laid off lawyers for open transactional positions.
The law firm blamed the layoffs on an overall decline in market demand for litigation services. Above the Law, the first to report the layoffs, and the Am Law Daily have stories.
“The legal industry continues to see a decline in demand for litigation services, driven by—among other factors—clients resolving cases more quickly and handling them in-house more frequently,” Goodwin Procter says in an announcement, posted here by Above the Law.
