DWF cuts 19 operational finance roles in latest round of redundancies

DWF has confirmed that it has cut 19 jobs as part of a consultation launched last month, which put 21 operational roles in its finance department at risk.

The redundancies are the result of a move to centralise the finance department in Manchester. It has impacted staff in that office as well as in Glasgow, Edinburgh, Birmingham and Leeds.

DWF confirmed the redundancies in a statement released today: “We’re doing all we can to minimise the number of people affected and we’re very grateful to those directly affected by the proposals, and their colleagues, for their continued professionalism and support.”

The spokesperson added that interviews were ongoing in respect of 10 new finance roles that are being created at DWF.

DWF managing partner Andrew Leaitherland said last month that the consultation followed the integration of five legacy accounting systems following a series of acquisitions by the firm over the past 18 months.

“[This] has led to a reduction in the number of people needed to run those systems, as well as continued centralisation of our finance operations,” Leaitherland added, citing the firm’s drive for greater efficiency as behind that decision.

DWF spent almost £17m on expansion in 2012/13, according to the firm’s LLP accounts (20 November 2013).

Its mergers with Biggart Baillie (7 June 2013), Buller Jeffries (2 April 2012), Claimbase and Fishburns (18 January 2013) cost a total of £12.9m, equal to the net assets of the acquisitions.

Meanwhile, the acquisition of Cobbetts in a pre-pack administration (6 February 2013) cost it £3.9m, including £1.8m in work in progress.

Last July DWF axed 38 roles after 80 were put into consultation (30 July 2013). This followed the loss of at least another 38 roles from its support team in March 2013 (27 March)