Seyfarth Shaw has laid off 50 people today, out of its total workforce of 1,600 in the US.
No details were given on what functions were cut. The firm was rumored to have cut jobs in February.
Seyfarth is also informing selected associates and income partner team members that their salaries will be reduced by up to 20%.
Chicago’s Seyfarth Shaw LLP is a full-service law firm founded in 1945. It has ten offices.