Those laid off have been offered a “competitive and generous” severance package.
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Last week the firm deferred its incoming associate class from September 2009 to April 2010.
Kilpatrick Stockton employs more than 500 attorneys in ten offices globally: Atlanta and Augusta, Georgia; Charlotte, Raleigh and Winston-Salem, North Carolina; New York, New York; Washington, DC; Dubai, UAE; London, UK; and Stockholm, Sweden.