Eversheds CEO: "Everything we've done has had culture at the heart"

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  • What a strange comment. The killing fields were carried out to change culture, but it didn't make it right.

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  • Its not wrong or right these decisions are being made across most industries, they unfortunately have to be made.

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  • So is it fair to assume that the people who are made to leave are those who didn't fit in the culture Eversheds wants to have? Nothing to do with money, business and greed?

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  • Why are we so surprised every single time a law firm sacks a load of its staff to boost partner income, while spinning the line about how they 'care' etc etc?
    In some ways it's endearing that people still think law firms, and their owners (i.e. equity partners), are not in it to make as much money as possible before they keel over.
    If this was a banking magazine there would be very few people bemoaning the fact that staff had been sacked - as they would expect it from that industry.

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  • that's a funny way of spelling money

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  • Hughes is full of trite. Crawl back into your SHED! We know what Eversheds are, a low margin, high volume business, that pretends it is profitable by holding equity tight and culling a hundred plus support staff/associates every year. When was the last time a big client gave a big big bit of work to the sheds. Oh yes, never.

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  • Saying these redundancies were made to give partners a higher pay package is pure speculation, and quite unwarranted. Why would they then give out higher redundancy packages, taking away from their profit, whilst increasing their own work load? For whatever reason these cuts were made, at least the firm is still running keeping some people employed.

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  • Eversheds aren't doing anything different to most other companies within the industry. Plenty of companies are doing the same at the moment - the financial climate is still in dire straights. It's a case of pack up your desk and get on with it. I don't see why they should be highlighted when they aren't alone.

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  • Thanks for your input Eversheds PR co @ 3:46 & 3:50...

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  • “Without going into the rights and wrongs and pointing fingers, sadly this isn’t the first or last we have seen or will see of this. Small comfort though it may be for those affected, we are seeing a few shoots of optimism in the market and increased investment in recruitment among our clients. We have a strong track record of helping those affected not just find a new firm but find the right new firm. The key is to act fast. Do get in touch for advice.”

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