The firm may find new positions within Eversheds for some of those affected.
Eversheds has laid off 73 lawyers and staff since September 2008.
Also, the firm will defer start dates for roughly half its incoming associates, offering £5,000 to defer for a year. That’s $7,400 — for a whole year. It’s unclear if the offer comes with a cardboard box to live in.
Eversheds is also offering deferred associates a 12-month contract as a paid paralegal with the firm.
Eversheds LLP is one of the largest full service law firms in the world. Headquartered in London, it has 40 offices in major cities across the UK, Europe, the Middle East and China.