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.
More than 300 law firm jobs have been made redundant at the UK’s top 100 firms since the onset of the credit crunch.
Research by The Lawyer shows that at least 312 jobs have been cut since last November, when Olswang and Dickinson Dees laid off 10 and 17 members of staff respectively.
The ;latest ;firms ;to announce cuts are Cobbetts and Thomas Eggar, which have begun consultations with six fee-earners and 20 staff members respectively. The vast majority of cuts so far have been made in real estate departments, although there are fears that the job losses could spread.
Tony Williams, principal at legal consultancy Jomati, said: “We haven’t seen much serious pain yet. Those firms that have been [making cuts] are doing it for two main reasons: either areas of business have fallen off a cliff, for example in bulk conveyancing, or there have been office rationalisations.”