The Law Society of Scotland may cut employees, as it faces losing £1 million in revenue. The professional governing body is cutting the cost of practicing as a solicitor from £665 for a “for a compulsory practising certificate” to £565. The cut in fees will cause the revenue shortfall. Law Society staff have been asked to consider [...]
Continue reading...Thursday, July 30, 2009
Commercial law firm Mallesons will begin a redundancy consultation in August, targeting 5% of the firm’s workforce. The redundancies are being characterized as voluntary, and will affect 100 lawyers and staff. Some lawyers will be offered more than one year’s pay. The offers are to include a payment based on years of service, an additional stipend, and [...]
Continue reading...Friday, July 3, 2009
Allens Arthur Robinson, which in April offered up to one year’s pay to lawyers who take voluntary redundancies, has seen 114 employees take up the offer and leave the firm. The redundancies included lawyers, corporate services staff, and secretaries. Twelve people who asked for voluntary redundancies were refused.As By offering the voluntary redundancies, Allens Arthur says it [...]
Continue reading...Saturday, May 30, 2009
Herbert Smith, which announced in April a redundancy consultation at its London HQ, targeting 84 positions, will not need to lay anyone off after all, after 84 staff members signed on for voluntary redundancy or alternative working arrangements. The firm offered staffers 3.5 weeks salary per year of service to leave the firm. Herbert Smith was founded [...]
Continue reading...Sunday, May 3, 2009
McCann Fitzgerald is eliminating 25 employees through a voluntary redundancy program. The firm will also cut wages for all staff earning more than €37,500 ($49,800) a year. Professional staff will see salaries cut 10%, with a cut of 5% for administrative and secretarial staff. McCann Fitzgerald is based in Dublin, with 450 employees across offices in Belfast, London [...]
Continue reading...Thursday, April 30, 2009
The UK’s Allen & Overy announced in February a plan to lay off 450 jobs in a redundancy consultation. Well, today’s the day. Allen & Overy own Black Thursday sees 47 equity partners, 200 associates, and 200 support staff shown the door. Half the cuts will affect the London HQ. There as also been an undisclosed number [...]
Continue reading...Wednesday, April 22, 2009
Anglo-German law firm Taylor Wessing is asking for voluntary deferrals from its September 2009 and September 2010 incoming associate classes. The 750-attorney firm will pay a stipend of £7,500 ($10,872). Deferred trainees will not be required to accept public interest fellowships. The firm is offering its employees two extra weeks off each year, in exchange for a [...]
Continue reading...Saturday, April 18, 2009
Allens Arthur Robinson will institute pay freezes July 1st, and is offering up to one year’s pay to lawyers who take voluntary redundancies. The amount paid out for those who choose to leave will depend on seniority and years with the firm. Allens also plans to shuffle remaining lawyers between practices. The firm has no plans for involuntary [...]
Continue reading...Tuesday, March 17, 2009
Denton Wilde Sapte has cut 37 lawyers and 39 staff. The redundancy process was completed last week, after a consultation with 80 staff members in the firm’s London and Milton Keynes offices. Dentons says half of the redundancies were voluntary. Three staff members kept their jobs after agreeing to take a six-month sabbatical, and one employee switched [...]
Continue reading...Sunday, March 15, 2009
Blake Lapthorn has laid off 20 people in its second redundancy consultation. The firm, which laid off 33 people at the end of last year, launched this redundancy consultation with 30 employees in January. The firm says it reduced the number of layoffs in the second round thanks to secondments. A number of people volunteered for redundancy. Lawyers and [...]
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Tuesday, August 25, 2009
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