Field Fisher Waterhouse declines to renew contracts, considers redundancies
Field Fisher Waterhouse is likely to make four associates redundant, with a further 13 solicitors and paralegals likely to reach the end of fixed term contracts without being offered a renewal.
Public sector cuts mean that there is less work in the department generally, and extra staff that were hired in January to service a large piece of work are likely to find themselves out of a job by the year’s end as the project wraps up.
Matthew Lohn, Field Fisher Waterhouse's Managing Partner, said: “the public regulatory market is changing rapidly, with pressure on the public sector resulting in far more work being brought in-house", which means that in addition to the loss of those on fixed term contracts "we also need to make a small number of redundancies in our Public and Regulatory Group. We are currently in consultation with four associates whose posts are at risk of redundancy, however I should stress that as part of this process we will be looking at the possibility of finding positions for them elsewhere in the firm."