Law firm news by topic » Layoffs
Addleshaw Goddard has announced a new redundancy round, with 24 fee earning jobs at risk. Addleshaws reports, almost simultaneously, that profits per equity partner have
Maclay Murray & Spens has concluded a redundancy round, laying off two fee-earners and four secretaries in its Glasgow private client team. ChiefScottish firm
Charles Russell has announced the start of a redundancy consultation, with nine jobs at risk. The firm has not revealed whether layoffs will affectPrivate client law firm
Allen & Overy has taken the shears to its Hong Kong partnership, asking four local partners to leave the firm. The group includes partners from both transactional and disputes
Frank Wu, the dean of The University of California Hastings College of the Law, has reduced enrollment at Hastings by 20 per cent - a figure that accounts for 240 students over the next three years. The move responds to
Herbert Smith has laid off five support staff in IT and business services in Dubai, following a decision last month to lay off 51 people in the firm’s London headquarters.
Clifford Chance is attempting to change its own rules regarding the removal of underperforming partners. Under the current system, an under-performing partner will be given
Axiom Law, a 900-person new-model legal services firm. Harris attempts to diagnose some of the problems builtHere is an interesting article by Mark Harris, the chief executive of
Maclay Murray & Spens has initiated a redundancy consultation in its Private Client department, with four support staff roles and two legal roles at risk.Scottish firm
Shoosmiths has announced that it will make up to 93 redundancies in a restructuring of the firm's consumer legal services arm. Private client practice group chief David Palmer
Dewey & LeBoeuf will be conducting layoffs and other cost-cutting measures, according to firm-wide memo from Chairman Steven H. Davis. The memo came after the widespread
Profits at Scotland’s law firms are rising for the first time since the global finaincial crisis, with the average profit per equity partner across all sizes of firm rising from £64,000 in 2010 to £71,000 in 2011.
The new client advisory from Citi Private Bank’s Law Firm Group and the Hildebrandt Institute has some disheartening news for the legal sector: “Unfortunately, the economic performance of the industry in 2011… was