Lowenstein Sandler Lays Off 8 Percent of Attorneys

Lowenstein Sandler laid off about 8 percent of its attorneys on Thursday. The Roseland, N.J.-based law firm let go of 21 lawyers and 32 staff employees and reduced its incoming associate class size by three spots. Managing partner Gary M. Wingens said that in addition to a slowdown in clients' business activity, the firm has seen attrition slow "dramatically." A firm spokesman said the cuts were spread across various practice areas and affected offices in New Jersey and New York.