Looks like we spoke too soon.
From Sidley Austin:
In addition to routine departures, 89 associates and staff attorneys and approximately 140 staff in our U.S. offices have been told their jobs are being eliminated. We have provided these lawyers and staff with financial and other assistance to help with their transitions. All affected individuals have been notified. The London office has also today announced a period of redundancy consultation.
Sidley Austin LLP , formerly known as Sidley Austin Brown & Wood LLP, is one of the oldest law firms in the world. It is the sixth-largest US-based corporate law firm with over 1,800 lawyers, annual revenues of more than one billion dollars, and offices in 16 cities worldwide.