Forecast: 5000 more City lawyers to lose job

December 7, 2009 Another 5,000 City lawyers could find themselves out of work next year as UK law firms undergo a new round of job cuts, reports The Times, citing bankers close to the legal

According to the report, big firms have slashed their junior ranks this year, led by three of the City’s biggest firms: Allen & Overy, Clifford Chance and Linklaters. Clifford Chance and Linklaters already laid off more than 200 employees in London alone.

Read more at business.timesonline.co.uk.

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