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Morgan Lewis Lays Off 216

Philadelphia’s Morgan Lewis has laid off 55 attorneys and 161 staffers.

Our decision today will affect 55 lawyers and 161 of our legal and administrative staff across the firm’s U.S. offices. We will continue to take other steps to manage our expenses, including delaying the starting dates for the new lawyers joining us from law school, to whom we will offer a paid public service opportunity.

The firm laid off as many as 50 employees in January. Before that, they adopted a new bonus system.

Morgan, Lewis & Bockius LLP is a law firm that was founded as Morgan & Lewis in 1873. Morgan Lewis has 1,400 lawyers in 22 offices worldwide.

Erik Even: