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West Coast firm Brobeck Phleger & Harrison has laid off 50 associates and 85 other staff members in its latest round of cost-cutting measures
The redundancies are the most recent development in a series of cost-saving initiatives. Brobeck has witnessed a slowdown in corporate activity among its predominantly technology-focused clients. The decline in the firm's performance became clear when it announced a 6 per cent drop in turnover and a 44 per cent fall in profits per partner for the 2001 financial year.