Texas powerhouse Baker Botts appears to be feeling the economic pinch. Â
Without confirming the exact number of layoffs, spokesmen for the company have confirmed that associates have been let go this week from the Houston office for economic reasons. Unconfirmed reports put the number at an even dozen, leaving the number one shy of a true “bakers dozen“, which is 13.
Tipsters have also reported that anywhere from 50 to 85 percent of the summer class has not been offered a position at Baker Botts, but the firm is pressing ahead with new hires of 3L’s.