Final details of Linklaters’ “New World” are starting to emerge, with 14 associates in the firm’s banking practice and 16 in corporate selected for redundancy.
The firm started informing those affected this week.
Around 30 lawyers in capital markets appear to be facing layoffs, while specialist corporate areas could see 13 jobs lost.
Linklaters’ redundancy consultation puts 270 staff at risk in total, with up to 120 lawyers, 40 secretaries and 95 business support staff at risk. All those affected are this week entering into one-to-one consultations with partners and HR.
Linklaters has 26 offices in 19 countries, and is one of the five members of the so-called “Magic Circle” of prominent UK law firms.
Related posts:
- Update: Linklaters Set to Eliminate Up to 270 Jobs
- Linklaters’ ‘New World’ Faces Legal Action from Redundant Staffer
- Linklaters to Cull 70 from Partnership, Decimate Associates
- Linklaters Cuts Pay for Incoming Associates
- Allen & Overy Appoints Employee Reps for Redundancy
- Linklaters Profit Up to $2.13 Billion
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