Field Fisher Waterhouse declines to renew contracts, considers redundancies
The public and regulatory practice group at 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."
Field Fisher Waterhouse declines to renew contracts, considers redundancies rollonfriday.com Wed, Nov 30, 2011