Texas’ Thompson & Knight has laid off 17 associates, including two first-years, and 25 staff.
The layoffs targeted the real estate and corporate practices.
The firm has also pushed back start dates for its incoming associates to January 2010.
Thompson & Knight was founded in 1887. It employs approximately 400 attorneys between its Texas and New York offices. It has global offices in Algeria, Brazil, France, Mexico, and the United Kingdom.