Two UK firms announce redundancies
Pinsent Masons and Addleshaw Goddard have both announced redundancies,
Addleshaws is set to lay off 24 fee-earners from the firm's London, Leeds and Manchester offices, despite recording a 30 per cent increase in profits this year.
A spokesman said that it "been a difficult period for those affected by the consultation and we thank them for their understanding and great professionalism. We wish them well."
Meanwhile, Pinsent Masons has confirmed that it is making 47 non fee-earning staff redundant in order to eliminate duplicate roles following the firm's takeover of McGrigors. Forty of the 47 layoffs were voluntary.
A spokesman said that all those affected had been offered outplacement support, and acknowledged that "this has obviously been an unsettling time for all of those involved and we are very sorry to have to see colleagues go."
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