The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Burges Salmon is set to make up to 27 business services staff and four property lawyers redundant as part of the second phase of its internal restructuring.
The Bristol firm launched its cost-cutting drive in March, making 18 associates redundant and deferring start dates for seven of its future trainees.
Now, after completing a review of its business support function, the firm has announced a second redundancy consultation due to start next week.
Managing partner Chris Jackson said: “The proposals we’re announcing today are the culmination of the business services and secretarial review we started in March, aimed at achieving enhanced and more efficient levels of service delivery and also represent a considered response to the continuing depressed conditions in the property market.”
The firm confirmed that those being made redundant would be offered packages in excess of the statutory minimum.
Burges Salmon’s average profit per equity partner (PEP) fell 23 per cent to £409,000 during the 2008-09 financial year, and the firm is in the process of completing its move to new headquarters in Temple Quay in 2010.
However, it remains one of the most profitable firms in the South West with PEP remaining ahead of Bristol rival Osborne Clarke.