Brown Rudnick is rescinding offers to 10 out of 23 associates who were scheduled to join the firm in the fall.
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Brown Rudnick cites declining client demand for first-year associates and relatively flat demand for legal services, though overall financial performance has been strong. The firm has added business and legal staff, but most of the growth has been in London, Orange County and Paris. “Market conditions have remained challenging,” the firm says.
