BLP set to make over 100 redundancies
Berwin Leighton Paisner is set to make over 100 staff redundant, with 58 lawyers, 44 secretaries and an unspecified number of business support staff at risk as the firm aims to reduce its wage bill by 15%. Roll On Friday reports that a number of partners are also expected to be asked to leave, although the firm won’t confirm that.
Having promised new lateral recruits huge remuneration packages, the recent downturn in business has hit the firm hard.
Managing Partner Neville Eisenberg said "we have been in a period of integration and consolidation after a number of years of high growth and investment. The decision to review a number of roles across our London office is part of a general review of our business to ensure that we are well positioned for the future."