Categories:UK

Cobbetts to cut 40 jobs

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  • Over-Exposed?

    One wonders if a lawfirm, having moved into new premises in three cities in the past three years, has much by way of cash reserves to see it through such a severe downturn as this.

    I did think Manchester would miss the worst of the real estate crisis because the major projects - such as media city - remain on track. I guess not.

    I wonder if we'll see any predators cherry-picking teams?

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  • You Ain't Seen Anything Yet

    Cobbetts are being open and honest which is their style. I wonder how many firms are bleeding and are quietly letting people go, transferring people out, slashing recruitment plans.
    The worst is yet to come and no current management team have been through a severe recession in legal services as the last one was over 17 years ago.

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  • Law firm redundancies

    Look on the bright side. The BBC (30.09.08) reported that Tesco is creating 350 new jobs. Arguably, refilling supermarket shelves is a more useful economic activity than shuffling paper around in a legal office.

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