Fish & Richardson Lays Off 120

Global intellectual property firm Fish & Richardson, which in January laid off 30 staff members across its eight US offices, has announced further layoffs affecting 35 lawyers and 85 support staff.

Those targeting will be offered severance packages.

The firm based the layoffs on both job performance and economic concerns.

Founded in 1878, Fish is one of the largest in the world practicing intellectual property, litigation, and corporate law, and has as a legal staff of more than 450 attorneys and 1,200 employees in 12 offices across the globe, including an office in Munich, Germany. It opened its 11th US office in Houston in October.