Yet more firms join the firing squad this week with Field Fisher Waterhouse launching the largest redundancy consultation of the UK legal market so far. It is understood that no fee earners are to be affected but 175 support staff in London are to be involved in the discussions, with at least 40 positions under threat.

Bristol firm TLT has launched its second redundancy consultation this year;  up to 20 staff may be affected in its Bristol and London offices.

London firm Mishcon de Reya has also launched a redundancy consultation. Athough the firm has declined to comment on the potential outcome, there is speculation that partners and fee earners may be cut loose.

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