UK firm Manches announces redundancy consultation

UK firm Manches has announced that a redundancy process is underway, though the firm will not reveal how many staff will be affected. A spokesman for the firm confirmed that: "we are always looking at ways to make the firm more efficient" and as a result "some very limited redundancies" would be made. According to RollOnFriday, this latest news comes after a tough year for the firm, which has seen a series of high profile partner departures, including litigation star Clive Zietman, and has taken out a £7m overdraft, representing 22% of its total annual takeover. And to cap it all, one of its real estate associates was charged with stealing thousands of pounds of client money.

UK firm Manches announces redundancy consultation Mon, Jul 18, 2011