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Yesterday, Edwards Angell announced the layoffs of 25 lawyers and 35 staff, or 15% of the firm’s workforce.
Today the firm announced will delay the start dates for its incoming first year associates to March 1, 2010.
Deferred first years will get a $10,000 stipend plus bar expenses.
The firm has also canceled its 2009 summer associate program. Edwards Angell will be paying $5,000 each to the nine students affected.
Edwards Angell Palmer & Dodge LLP is an American law firm based in Boston, Massachusetts. The firm is number 97 on the list of the world’s largest law firms by 2006 revenue. The firm was formed by the 2005 merger of Edwards & Angell LLP and Palmer & Dodge LLP.
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