Ben-Ezra Law Firm Makes 146 More Layoffs

A South Florida law firm known for its high volume of mortgage foreclosure work is making another 146 layoffs as part of a plan to exit the practice area.

Ben-Ezra & Katz had nearly 600 employees at one time, but made 280 layoffs earlier this year after losing Fannie Mae business over concerns about the way the firm handled foreclosure cases, the Palm Beach Post reports. The article doesn’t say how many lawyers are among those laid off.

Although the firm will no longer do foreclosure work, it plans to continue a boutique real estate practice.

The article also notes that the firm plans to oversee an orderly transition of its foreclosure cases, which once numbered around 15,000, to other counsel.

From: Aba Journal