London’s Clifford Chance today laid off 24 of its New York associates.
It is expected that the firm will announce further layoffs shortly. Also, incoming associates will be deferred to January and October 2010.
Just yesterday the firm voted to implement a plan to restructure its partnership.
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Clifford Chance LLP  is the largest law firm in the world, both by number of lawyers and revenue, and a component of the UK’s “Magic Circle†of leading law firms. It is a prestigious international practice with its principal office in London.