Ruden McClosky Slashes Pay, Lays Off 8 Lawyers
Florida-based Ruden McClosky has laid off eight attorneys as part of a cost-reduction effort that includes 18 percent pay cuts for most of its lawyers, according to sources. The laid-off attorneys worked in the firm's litigation, corporate and land-use practice areas. The latest layoffs follow three rounds of dismissals conducted since late last year. An attorney at the firm who asked not to be named said morale has declined because of the cuts in jobs and pay and that many of the firm's lawyers are seeking other jobs.
