Paul Hastings is laying off 131 employees today.
From the official memo:
…today we have completed a regretted but necessary step of reducing our workforce in the United States by 44 associates and 87 staff. Based on our analysis, we believe at this time these economic reductions are sufficient to align these staffing levels to our current and anticipated client demand.
Founded in LA in 1951, Paul, Hastings, Janofsky & Walker LLP is a leading international law firm with over 1,300 attorneys and 18 offices worldwide. Paul Hastings serves a diverse client base that includes many top financial institutions and Fortune 500 companies.