November 6th in Credit Crunch, National, News by jason2009 .

The Week: SJ Berwin Partner Exits, A&O Revenue Drop, Guess What – More Outsourcing

Ok so something tells us that it’s not quite time to jump for joy with the good news. Basically because there isn’t much. More QE signalled that we are not out of the economic woods yet, a feeling you might get from this week’s roundup of legal tales…

It has been revealed that SJ Berwin is restructuring its partnership and a number of partners are being asked to leave. Commenting on the cuts, one partner told Legal Week : "It …

It has been revealed that SJ Berwin is restructuring its partnership and a number of partners are being asked to leave. Commenting on the cuts, one partner told Legal Week : "It should be a good thing – the market has shrunk and we have probably over-expanded in recent years. However, my feelings depend on who they have chosen." As far as brilliantly framed comments come, it’s a peach.

Meanwhile, A&O have seen turnover fall 7% from £548m at this point last year down to £511m for the first half of this year. Not a particularly positive start but the firm expects the second half to be better. Oh good.

And finally, a trio of firms have decided to look at the cost cutting opportunities available thorough outsourcing. Travers Smith, Hammonds and Halliwells are all looking at schemes according to Legal Week . This will be fuel to the fire of the offshoring debate.

If all that leaves you feeling a little grumpy for the weekend fear not , miserable people are better at decision-making and less gullible … and gloominess breeds attentiveness and careful thinking, Professor Joe Forgas told Australian Science Magazine. Well, that figures.

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