“In 2008 when the economy went sour we worked hard to avoid a head count adjustment, but the economy just hasn’t perked up,” Letscher said. He would not disclose the particulars of how many staff and attorneys had been let go. The layoffs are the result of an accumulation of factors and not one singular event, he said.
“We think this number takes us to the right level. We don’t anticipate any more layoffs,” Letscher said.
The firm, founded in 1886, had approximately 212 attorneys and staff prior to the reduction today.