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re:layoff rumors
The "fiscal management" you're talking about was called "cost-cutting" in the article. The only way Choate kept its head above water in Fiscal 02 was by cutting costs, including layoffs of associates and partners. This year, it will be hard to find anything left to cut since Choate's been cost-cutting since at least 2000. And yes, Choate did lay off, a few months ago, a few senior associates.
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