Everlaw Lays Off 10% of Global Workforce to Prepare for Economic Uncertainty
This is the latest company to join the ranks of other e-discovery and legal tech companies who have announced layoffs in recent months.
May 12, 2023 at 12:57 PM
2 minute read
E-DiscoveryE-discovery provider Everlaw has laid off approximately 50 employees, which represents 10% of the company's global roster, Legaltech News has learned.
A representative for Everlaw confirmed the rumored layoffs in an official statement:
"Last week, Everlaw reduced our global workforce by 10%, approximately 50 positions. As we continue to grow, we need to better align our resources to our business opportunities and prepare for the uncertain economic climate. Everlaw is focused on delivering the most advanced ediscovery platform for litigation and investigations, and we have reduced select teams to remain a strong and healthy company.
All impacted employees were offered separation packages including severance, a continuation of benefits, options for career and personal support, and additional resources to help them navigate this difficult change. Those individuals are friends and colleagues. We are deeply appreciative of their time and work here, and we will certainly miss them."
In January, Everlaw appointed Scott Allen as the company's first-ever CFO. That news came shortly after the company announced its expansion to Australia and New Zealand. At Legalweek 2023 in March, Everlaw was named the Emerging Technology Vendor of the year at the Legalweek Leaders in Tech Law Awards.
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