The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Charles Russell moots four-day week to stave off redundancies" />Charles Russell has given lawyers the option of a four-day week as it starts redundancy consultations with an unspecified number of staff.
The firm refused to reveal how many lawyers are in redundancy talks, although it did confirm that a number of partners, fee earners and support staff were being given the option of working a four-day week.
Charles Russell saw its turnover rise 13.1 per cent at the 2007-08 year end, up from £63.5m, while its average profits per equity partner (PEP) stood at £390,000, an increase of 10.2 per cent on the previous year.
It is the second firm to confirm it is putting lawyers on a four-day week. Gloucester based BPE Solicitors said it was making the move because it was preferable to making mass redundancies (29 January).
BPE senior partner John Workman (pictured) said: "Our vision statement says we're committed to and respectful of our people and we want to stand by that by getting to the other side [of the recession] with as little casualties as possible. It's the right thing to do."
To receive our free Lawyer News Daily news and comment email, click here. Or get the latest news, features and comment as it's published with our free RSS feed.