Lawrence Graham cuts 16 jobs

December 10, 2012 Lawrence Graham has laid off 16 people after a month-long redundancy consultation. Eight fee-earning lawyers and eight service staff were made redundant.

When the consultation process was announced, managing partner Hugh Maule described the move as a “prudent” attempt to align its resources in a “difficult market”.

Lawrence Graham saw revenues drop from £57.3 million to £54.2 million last year, while average profit per equity partner plummeted from £412,000 to £303,000.

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