
Redundancy Fallout: Linklaters and A&O
When Linklaters and Allen & Overy unveiled their restructuring plans, spring-cleaning metaphors didn’t really do them justice. Their restructuring programmes were comprehensive and, erm, at the heavy end of the scale… Linklaters global program, dubbed Linklaters New World (no longer, the moniker itself now redundant), saw the firm laying off around 400 employees including 200 lawyers and 200 business support staff. Allen & Overy cut approximately 450 jobs in a £44m restructuring programme. The cuts affected 200 junior fee-earners …
When Linklaters and Allen & Overy unveiled their restructuring plans, spring-cleaning metaphors didn’t really do them justice. Their restructuring programmes were comprehensive and, erm, at the heavy end of the scale…
Linklaters global program, dubbed Linklaters New World (no longer, the moniker itself now redundant), saw the firm laying off around 400 employees including 200 lawyers and 200 business support staff. Allen & Overy cut approximately 450 jobs in a £44m restructuring programme. The cuts affected 200 junior fee-earners and 250 support staff; 47 partners also went.
At the time (January/February) you will recall that law firm redundancies were hitting the headlines every day, professional services were being hit hard and generally things looked pretty grim. So a good opportunity to get the whole unpleasant business out of the way (what was the expression Jo Moore used?). Both firms have since released surprisingly decent results and things appeard to be improving. However, it has now emerged that Linklaters is in discussions with a former employee relating to its redundancy programme and A&O is involved in at least one lawsuit in Germany relating to redundancies made in the firm’s Frankfurt office.
Whatever the merits of the individual cases, if you sack that many lawyers you’ve got to imagine that some will be prepared to test their legal rights of recourse to the limit. And as an unfortunate by-product, keep the unpleasantness in the headlines long after you’d hoped things would have moved on…










August 18, 2009
A&O’s programme was considered to have been handled quite well but even if that was the case, the reality is these things are hardly going to fade from memory quickly even if they aren’t in the headlines.
August 18, 2009
Linklaters will just find it an irritating distraction as they forge ahead.
August 18, 2009
Don’t know about Links, but the sackings at A&O were arbitrary and premature – busyness is high and has been so for months and the firm is making money hand over fist.
August 25, 2009
Bi-product? Busyness?
Jeez people!!!!!
August 26, 2009
Thanks Patches, spelling amended.
August 26, 2009
Thanks ed – Patches misses nothing!
[Maybe you could give me a job if my firm goes ahead with the dreaded second round of redundancies and I get bitten? Aaaaaaaaaaaagh]