New Orrick boss cuts executives and staff, London not hit

Orrick Herrington & Sutcliffe has confirmed the exit of two senior executives amid wider staff cuts under new boss Mitch Zuklie.

Mitch Zucklie
Mitch Zucklie

A new leadership team conducted an operational review of the US firm since Zuklie took over two months ago, resulting in the lay-off of two senior executives and 21 support staff.

Human resources officer Gera Vaz and chief knowledge officer Peter Krakauer were both made redundant, with responsibility for human resources passed on to chief legal talent officer Laura Saklad.

A spokesperson said: “Our new leadership team conducted a broad review of our operation seeking opportunities to enhance client services, further leverage our global operations centre and achieve additional cost efficiencies.  As a result, we are focusing greater investment in certain areas and organizing ourselves to have flatter and more integrated teams.”

The firm also confirmed that it has laid off 21 support staff in the US and relocated 11 other support staff to the firm’s global operations center in West Virginia. A spokesperson for the firm’s London office said the City office would not be impacted.

Chief operating officer Reid Horowitz is also leaving the firm, but a spokesperson said his exit is not linked to the recent cuts. The firm said: “After more than a decade with Orrick, he is ready for his next professional challenge.”

At the end of October Silicon Valley partner and the head of Orrick’s corporate business unit Mitch Zuklie was unveiled as chairman-elect, replacing Ralph Baxter who had led Orrick for 23 years.

Read more about Zuklie’s appointment here.