Clifford Chance to make 80 London lawyers redundant

  • Print
  • Comments (40)

Readers' comments (40)

  • Redundancy package

    Let's hope the redundancy pay-off makes this slightly more palatable for those to be affected. Now watch the domino effect of this across the other Magic Circle firms.... Ominous!

    Unsuitable or offensive? Report this comment

  • CC redundancies

    I don't think all MC firms are going to be affected like this. Linklaters don't have the same problems for example. CC have gone down the commodity road and have to deal with the fall out.

    Unsuitable or offensive? Report this comment

  • Pay scales

    If they just halved the money they paid to their associates then none of them would have to be made redundant. I guess that doesn't deal with the issue of them having nothing to do though....

    Unsuitable or offensive? Report this comment

  • Dead Wood

    Clifford Chance has never operated as a "lean machine." They have huge numbers of business staff in the London office sitting around doing the absolute bare minimum. A lot of these staff members have also been with the firm for many many years and have been carried along. Surprising really, you would think CC to be a more dynamic environment.

    Unsuitable or offensive? Report this comment

  • This is just the beginning...

    How long will it be before other City firms start making similar size redundancies? So far we have generally only seen a limited number of job cuts made by small mid size firms who won't be consulting hundreds of people. Clifford Chance is brave to be the first- it won't be the last.

    Unsuitable or offensive? Report this comment

  • Re: This is just the beginning

    Couldn't agree more. Magic circle firms have been reluctant to make the redundancies they have wanted to because of the negative PR implications. Now that CC has broken that taboo, the others will breathe a sigh of relief and do the same.

    Unsuitable or offensive? Report this comment

  • Tough love

    A bummer for everyone at the firm but in the long run this is probably more less painful than a year of redundancies dressed up as performance reviews, as elsewhere in the magic circle...

    Unsuitable or offensive? Report this comment

  • Clifford Crunch

    I agree with the Business Support services comment. There seems to be one secretary for every two fee earners, too many line managers and a high number of temporary staff brought in to do work which perm staff could and should be doing.

    Unsuitable or offensive? Report this comment

  • Poor management

    It can only be poor management to hire excessively throughout 2005-7 then reversing gears into "performance reviews" and now redundancies. I do wonder sometimes just what is going on over there? Reminds me of the last time they did this half a decade ago...Viewed in that context, I guess no surprise there! I just feel the greatest sympathy for the associates and business staff being messed about because of poor management.

    Unsuitable or offensive? Report this comment

  • Re: Poor Management

    The management of staff at CC is absolutely dreadful. Within L&DR you have a number of business support staff doing nothing and being paid very well for it. The partners walk around with their eyes shut. The most bizarre place I ever worked in!

    Unsuitable or offensive? Report this comment

View results 10 per page | 20 per page | 50 per page

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (40)