Is it true that Foley Hoag Arbitration team in NY/DC is laying off numerous associates?

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That’s big if confirmed. But I wonder if that’s true. They signed a lot of investment arb mandates. They remain extremely active. Why would that happen? Are some partners about to leave?

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Confirmed. No partner leaving. FH only represents states which doesn’t provide as big as an income as representing investors. A lot of pressure from management on international arbitration partners to generate more profits.

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