
Redundancy Watch: A&O Criteria. Camerons De-equitisation.
After ‘robust’ discussions, the redundancy consultation at A&O has finally given birth to a list of seven criteria by which staff will be judged. Factors will include individual performance, business, sickness, disciplinary record, versatility, contribution and potential; and individuals will be lined up in front of a panel chaired by Simon Cowell for judgement (the last bit – not really). The criteria were finalised last Thursday after consultation with the firm’s 13 employee representatives. A&O has also finished consulting on …
After ‘robust’ discussions, the redundancy consultation at A&O has finally given birth to a list of seven criteria by which staff will be judged. Factors will include individual performance, business, sickness, disciplinary record, versatility, contribution and potential; and individuals will be lined up in front of a panel chaired by Simon Cowell for judgement (the last bit – not really). The criteria were finalised last Thursday after consultation with the firm’s 13 employee representatives.
A&O has also finished consulting on the packages it will be paying to associates who are made redundant – to give you an idea, an associate with one year PQE is set to receive up to £33,000. A condition of the package is that everyone has to tread water work at the firm until the end of May to get the full wack. Nice.
Meanwhile, Cameron McKenna has asked all of its equity partners to volunteer to become fixed-share partners. Partners have until the end of the month to decide whether or not to accept the offer to de-equitise. It is understood that around 10 per cent will be affected. Volunteers please…










March 17, 2009
A&O have shown law firms how to do things properly
March 17, 2009
well compared to some maybe
March 17, 2009
Making people work till the end of May seems like it will be to the detriment of everyone – once you know you are going who want’s to hang about. My guess is that Spitalfields Market will be a busy place over the coming weeks.
March 17, 2009
working under that cloud would suck
March 17, 2009
Some of those factors are nicely imprecise enough to enable patronage to steer proceeding.