Chicago’s Baker & McKenzie, which in April laid off 124 employees, announced today it is laying off 11% of its lawyers and staff in China.
The firm has released no further details. It has 350 lawyers and staff across offices in Beijing, Hong Kong and Shanghai.
If you have any details about layoffs at Baker’s China offices, please — send us a confidential tip!
Baker & McKenzie was founded in Chicago in 1949 by Russell Baker and John McKenzie. One of the first law firms to be truly global, it employs more than 3,900 lawyers in more than 70 offices in 38 different countries.
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It seems that 11% of 350 is not such a big deal. With the terrible state of the economy, im surprised it wouldnt be a larger percentage.
Ron Williams
Ron_Will_266@gmail.com
wow this is crazy another showing of how this economy is really hurting businesses – its time for companies to let go of their oversees sections and just deal with their core business – companies really need to take this time to refocus and reinforce their core projects – the days of flippant ventures are over, i feel sorry for the laid off people
- Jake R.
jaker12@hotmail.com
The recession is rough and all but I dont necessarily feel so bad about the elite lawyers losing their jobs as opposed to the middle class
Baker & McKenzie are not well organized and too political on the inside. They evangelize ‘one firm’, but are truly disparate in their client delivery and service across their practices and regions.