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Dechert cuts London lawyers after deal slowdown
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US law firm Dechert has started a redundancy consultation with staff in London as part of a 5% global headcount reduction.
The legal industry has been hit by a slowdown over the past year as M&A falters and interest rates surge.
A string of major law firms have already cut staff in the US in response to the drop in demand.
Dechert’s...
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