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...Harvard Law School laid off 12 staff members last week as part of its effort to reduce the size of its workforce by about 10 percent, acting Dean Howell E. Jackson announced in an e-mail to the Law School community last Tuesday...
...Because the Law School's share of endowment payout for fiscal years 2010 and 2011 may fall by as much as $19 million from this past year's payout, administrators have come to view layoffs as a "painful" but necessary cost-cutting measure taken only after an "exhaustive look at all other possibilities," Jackson wrote. Staff attrition and redeployment, along with the University's voluntary early retirement incentive program, already helped to achieve most of the necessary downsizing...
...While its expenditures have been relatively conservative in past years, the Law School remains dependent on endowment revenue for 37 percent of its operating budget. A payout decline of $19 million would represent over 10 percent of the School's current budget, and earlier this spring, the Law School's departments were each directed to cut costs by about 10 percent...
...Like other University employees who have been recently laid off, workers at the Law School received a transition package that includes an extension of their health insurance for 12 months and access to job search services. They will continue to be paid for 60 days after receiving notification of the termination of their employment...
...layoffs were spread across departments and included management staff, but Law School officials declined to specify the exact financial impact of the cuts...