Immer noch selten selbst in den USA: Betriebsbedingte Kündigungen für Associates a.k.a.
“targeted personnel reductions”:
Cadwalader wasn’t the first firm to announce associate layoffs since last year’s credit market meltdown. In November, the New York office of U.K.-based Clifford Chance laid off six structured-finance lawyers. And given the rapidly deteriorating economy, Cadwalader probably won’t be the last. Thacher Proffitt & Wood and McKee Nelson, two other firms that are active in the securitization field, have offered buyouts to associates to encourage them to leave.
