Latham & Watkins has initiated its own “black Thursday” by announcing it must cut 440 jobs across all of its offices.  The number breaks down to: 190 associates and 250 paralegals and staff.  This amounts to 12 percent of its associates and 10 percent of its staff. The offered severance packages include 6 months of salary and continued benefits.

Source:  www.thelawyer.com