In addition, an undisclosed number of staff attorneys has been cut, with only staff attorneys who are needed for ongoing matters to be kept, at least for now.
The layoffs occurred across Skadden’s US offices. No associates have been cut.
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Skadden, Arps, Slate, Meagher & Flom LLP, founded in 1948, is a prominent law firm based in New York City. With over 2,000 attorneys, it is one of the largest and highest-grossing law firms in the world. Forbes magazine called Skadden “Wall Street’s most powerful law firm.”