Shearman & Sterling confirmed on Wednesday that it is conducting a new round of staff reductions, joining other U.S. law firms that have shed business professional roles in the past few months.
The New York-founded firm is laying off an unspecified number of people as part of a "global reduction of our Business Services workforce," a spokesperson said, describing the move as a chance to "refine and right-size" and "part of a continuous review process."
The reduction was first reported by legal blog Above the Law. The firm spokesperson declined to specify how many positions are being cut. 12 associates and 26 business services professionals in the United States, citing a need to "align our capacity levels with existing client demands."laid off
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