Case

Holland & Knight reducing staff

In 1 on January 16, 2009 at 1:48 pm

Holland & Knight LLP, Central Florida's sixth-largest law firm, is cutting 5 percent of its administrative and other non-attorney staff nationwide.

Roughly 70 employees will be laid off in what firm executives describe as a strategic business decision to bring staffing levels in line with industry standards.

The cuts are not related to the economy or a reflection of trouble at the firm, says Steven Sonberg, the managing partner of Holland & Knight.

Sonberg, who is based in Miami, took over the managing partner position about a month ago and began evaluating the firm's business operations, including its staffing level. He decided the cutbacks were necessary to align Holland & Knight with "best business practices."

"The real estate market has nothing to do with the layoffs," Sonberg says. "Our lawyers are busy, and we're hiring."

In 2006, the firm closed four offices around the country. It now has 17 in the United States, including one in Orlando.

Holland & Knight's gross revenue of $612.5 million in 2007 was a decrease of 0.2 percent from the previous year. The firm's rank among the nation's top 100 law firms dropped from 32nd in 2006 to 41st, according to The American Lawyer magazine.
 
Orlando Business Journal – by Jane Meinhardt Business Journal Staff Writer

Posted via email from HKLaw Investigation

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