The US legal market faced another round of job cuts this week as Chicago duo Katten Muchin Rosenman and Sonnenschein Nath & Rosenthal laid off more than 40 associates, reports The National Law Journal.
Katten this week confirmed the loss of 21 associates and counsel "across multiple offices and practices," firm spokeswoman Tasneem Goodman said. No adjustments are being made to the first-year associate class and no legal staff members were laid off, she said.
"This measure was taken to further improve the firm's efficiency, to allow for the continued growth of its associates and to ensure the firm's long-term success," Goodman said in the statement. "The firm's financial performance remains strong despite the current economic downturn."
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