DLA Piper announced on March 2 that it will be restructuring its Asia practice by reducing staffing by 54, comprising 20 fee-earners and 34 support staff. The bulk of the cuts are expected to come from the firm’s Hong Kong office. The firm had not announced at press time which practice areas the redundancies would come from.
“The staffing adjustments we are making are necessary and appropriate given the deteriorating economic climate,” said Alastair Da Costa, managing director of DLA Piper Asia. “We are reshaping our resource structure and cost base to better align with current business activity levels as a result of the recent market downturn.”
Da Costa said the redundancy consultation process is currently in progress and will be completed by the end of March. DLA Piper has five offices in Asia, including Hong Kong, Singapore, Tokyo, Bangkok and Beijing.
