Dentons to make 70 redundancies in London

Denton Wilde Sapte has today confirmed that it is to make up to 70 redundancies in its London office, following an announcement at an internal meeting last night.
The firm has now entered consultation with both fee earners and support staff, and those hit are expected to be leaving next month.
Up to 40 fee earners will be axed, with the corporate and TMT departments the worst affected.
The firm said in a statement: “These cuts reflect a prudent short-term response to the world’s very flat economic outlook”. It added that medium-term needs would be protected by the September influx of 20 newly qualifieds and 44 trainees.
This will reduce the London fee earner headcount, which averaged 644 in 2002/3, by between 20 and 24.