Layoffs
Philly Firms WolfBlock and Drinker Biddle Said to Cut Associates
Pennsylvania may be more insulated from Wall Street’s woes, but that apparently hasn’t stopped two Philadelphia-based law firms from cutting associates.
On Friday, WolfBlock laid off 15 associates and Drinker Biddle & Reath laid off about 20 lawyers, according to the blog Above the Law. The Legal Intelligencer sought to confirm the report, but a Drinker Biddle spokesman refused to comment and WolfBlock did not return a phone call.
Legal consultant Ward Bower of Altman Weil told the Intelligencer that more associate layoffs may be coming after the holidays.