Courtesy photo. Armstrong Teasdale Lets Go of 24 Staff, 11 Lawyers
Firm leaders said the staff reduction comes amid an effort to streamline the firm's operations, while the lawyer reductions come after a review of productivity and performance.
July 31, 2023 at 05:51 PM
3 minute read
Law Firm Management
Midwest-born Am Law 200 firm Armstrong Teasdale is eliminating 24 staff positions and terminating 11 attorneys, leaders at the firm said Monday.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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