No lawyers are expected to go…
The firm’s sweeping outsourcing plans should have sent warning signals…
Slimming won’t be limited to waistlines in the New Year…
10% increase in first half turnover not enough to prevent cuts…
Big four Scots firm launched a consultation earlier this week…
Just… there’s not been much to feel good about for a while…
Public sector specialist sees third round of redundancies…
Is the dreaded ‘R’ word making a comeback…?
After a brutal 2009…
Fallout from 2009’s redundancy programme highlights trickiness of the Sexual Discrimination Act…
Mayer Brown redundancies, Eversheds’ PC pandering, a perverted paralegal and foolish April fools…
You may know this already. First hand…
But there are alternatives (note pic).
It has emerged that US firm Mayer Brown is axeing a number of lawyers in the City.
Less diamonds and caviar in Moscow these days.
CMS Moscow has laid off 30 employees with 10 lawyers amongst the leavers. The office was made up via a merger of the local offices of CMS Cameron McKenna French and German alliance firms earlier this year but has since seen a number of redundancies.
Russia, which is heavily reliant on oil exports, has been hit by the sharp fall in energy prices. President Dmitry Medvedev predicted a 7.5% decline in GDP for 2009. …
Our Redundancy Watch posts were a regular feature (almost daily at some stages) for a while as firms reacted to the financial crisis. Thankfully mass redundancies have fallen out of the headlines in recent months but there is still the odd bit of bad news – Clifford Chance let eight capital markets lawyers go earlier this month and Denton Wilde Sapte initiated a redundancy programme for secretaries and support staff in October – but hopefully the worst is past.
We …
Hedge funds: the thinking man’s rock and roll?
Sex in the City isn’t quite a glamorous as four female New Yorkers and their strings of handsome partners would have you think. Not viewed through the spectre of this case. A tribunal claim brought by 29-year-old Jordan Wimmer in London Central Employment Tribunal against 59-year-old Mark Lowe of Nomos Capital does not really remind one of Carrie and Mr Big et al. Well not exactly anyway.
Miss Wimmer is suing Mr Lowe, an …
More lawyers losing the magic touch. Clifford Chance is to make eight fee-earners redundant in its capital markets practice. Although the firm has confirmed that it does not intend to introduce further widespread redundancies, all of the proposed redundancies are compulsory.
The latest cuts in headcount come nearly a year after CC launched a large-scale redundancy programme. Back in January around 80 lawyers in the City were axed. This was followed up in March with news that the firm would …
More than a bit of banter.
Maureen Murphy, 30, and Anna Francis, 37, are each suing their former employer, investment bank Nomura, for £1.5million for loss of earnings and hurt feelings. The women claim they were dumped for being female and not Japanese.
Originally, both worked in Asian equities sales at Lehman Brothers, Canary Wharf but after Lehman collapsed in September 2008, Nomura took over. Miss Murphy, a senior analyst earning £55,000 a year, and Miss Francis, a director on £250,000 …
There are plenty of law graduates and qualified lawyers struggling to keep their legal career on track these days. We have heard some fairly desparate stories of application after application being knocked back. News that firms have instructed recruiters to search only from the ranks of the employed and not from the large pools of redundant solicitors is galling for those out of a job but not wholly surprising. With a surfeit of candidates to choose from it’s an …
Has it really come to this?
