A tipster told us in January that New York City’s Duval & Stachenfeld was laying off an undisclosed number of first and second year associates.
Now a JDJournal tipster has more to sat about stealth layoffs at the firm.
Edited for clarity:
In addition to its previously reported layoffs of junior associates, D&S has also recently laid off and/or constructively laid off (slashing compensation 30-65% with a modest buy-out offer) a few more senior associates, as well as a few non-equity and at least one equity partner.
Some have been removed from the firm’s web site, but at least a half dozen of the departed lawyers are still listed on the site.
Is this tipster “disgruntled?” He or she signs off with:
… Hoping to be in the next wave.
Have anymore details? Let us know with a confidential tip!
Founded in 1997, Duval & Stachenfeld LLP provides legal advisory services. The firm focuses on areas such as bankruptcy, litigation, real estate, restructuring, securities and construction.