Tipsters tell Above the Law that at least five lawyers were laid off from Kaye Scholer on Friday, including some first- and second-year associates.
The firm conducted layoffs in the Corporate and Finance department on Friday. The number of affected attorneys is not known, but is believed to be at least five…
Kaye Scholer has been utilizing the “stealth layoff” approach quite heavily since December / January. I was given notice to look for another job a few weeks ago, and I personally know of about 10 others that [have been] “asked to leave” since then.
At the associate meeting, [managing partner] Barry Willner told everyone that associate numbers would be “about the same” in 2009 as in 2008. Given that there has been almost no attrition and a sizable incoming class, you can do the math to figure how many people had been told to leave.