CMS Cameron McKenna to Cut 80, Reduce Pay

London’s CMS Cameron McKenna has announced a redundancy consultation at its headquarters, targeting 80 jobs.

Twenty fee earners and 60 non-fee earners may be laid off.

Other personnel are being offered the choice of either a four-day week at reduced pay, or a sabbatical of up to 12 weeks at reduced pay. They can also extend their vacation by two weeks.

In addition, some lawyers may choose a six-month sabbatical at cut pay with two 10-week expeditions to developing countries; or a six-month sabbatical at 20% pay to take an executive development course; or a six-month secondment in a CMS alliance firm at 50% of pay, with accommodation and living expenses covered.

CMS Cameron McKenna LLP is City of London-based international law firm with over 130 partners, and offices throughout the United Kingdom and Central and Eastern Europe.

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Posted by Erik Even on May 9, 2009. Filed under Home,Law Firm News,Layoffs,Legal News,World News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry