Breaking News

Addleshaw Goddard to Lay Off 19 Partners
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Barrister. Blimey!Addleshaw Goddard, Britain’s fifteenth largest firm, is poised to lose 19 partners because of falling demand for legal services.

More than a tenth of the firm’s 182 partners will be forced to leave in the next few months.

Ashurst, its City rival, one of the top private equity advisers, is also understood to be in the process of down-sizing its partnership, with as many as ten of its 223 partners at risk

  
What
Where


UK law firms are targeting underperforming partners in an effort to cut costs, forcing them to accept a reduced equity share or simply asking them to leave. As many as 15% of the 12,000 partners at the top firms – about 2,000 senior lawyers – could lose their jobs this year.

The cuts will affect both equity and so-called fixed-share, or junior, partners across all main practice areas in the offices of Addleshaw Goddard at London, Leeds and Manchester.

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!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Health Industry Advisory Associate Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks health industry advisory associate attorney with 3-5 years of...

Apply Now

RELEVANT JOBS

Litigation paralegal

USA-TX-Dallas

We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now

Attorney

USA-TX-Dallas

Associate Attorney – 7 to 10 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Associate Attorney

USA-TX-Dallas

Associate Attorney – 3 to 5 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Litigation Attorney

USA-TX-Dallas

Litigation Attorney   Dallas, TX One of Texas\' largest Personal Injury Law Firms se...

Apply now

SEARCH IN ARCHIVE

To Top