Home

Allen & Overy to Fire 10 Hong Kong Lawyers
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

London-based Magic Circle firm Allen & Overy is the second to announce a redundancy consultation, with 10 lawyers in its Hong Kong office expected to lose their jobs.

The news comes just over a week after Clifford Chance admitted that up to 80 of its London lawyers would be made redundant.

Like management teams in the rest of the magic circle, A&O ­senior partner David Morley has been reluctant to discuss redundancies.

  
What
Where


What others are doing in the market doesn’t change anything for us. We continue, as before, to keep things under close review as current market conditions remain exceptionally difficult.

Like any business, we cannot rule out the possibility of having to make ­targeted redundancies in particular practice groups or offices if there is a sustained downturn or if there are exceptional business reasons.

Staff were told via an intranet posting that the firm could not rule out layoffs in London. The situation is similar at the rest of the magic circle, although firms are reluctant to discuss the matter.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




“Magic Circle” is an informal term used to describe collectively what are considered to be the six leading London-based law firms.





 

RELEVANT JOBS

Associate Attorney

USA-FL-Orlando

ALAW, an established, multi-state real estate and creditors’ rights law firm, is seeking a qua...

Apply now

Real Estate / Estate Administration Paralegal

USA-PA-York

Small central Pennsylvania law firm seeking organized, reliable, and highly motivated full-time real...

Apply now

CASE MANAGER / GENERAL COUNSEL

USA-TX-Houston

Dolcefino Consulting is a fast-paced investigative media consulting company that is hired by law fir...

Apply now

Attorney

USA-NY-New York City

ATTORNEY WITH 3 TO 5 YRS. EXPERIENCE IN PLAINTIFFS MEDICAL MALPRACTICE, MUST BE ABLE TO CONDUCT DEPO...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

BCG Attorney Search In-House Counsel

USA-CA-Los Angeles

BCG Attorney Search In-House Counsel We are a Legal Employment Company located in California with o...

Apply Now

FDA Regulatory Attorney

USA-MA-Boston

Boston office of a BCG Attorney Search Top Ranked Law Firm seeks FDA regulatory attorney with 3-4 ye...

Apply Now

Foreclosure/Bankruptcy Associate Attorney

USA-CA-Temecula

Temecula office of our client seeks associate attorney with preferably 2 years of experience working...

Apply Now

SEARCH IN ARCHIVE

To Top