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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.
The consultation began on 14 November and involved 175 employees of the firm.
The cuts come after a separate consultation in the firm’s real estate department last September, which saw five fee earners and six secretaries leave the firm (TheLawyer.com, 8 August 2008). FFW has made 42 redundancies in total.
FFW managing partner Moira Gilmour (pictured) said: “Taking the decision to make redundancies is hard for any firm but with the outlook for the next two years uncertain, exercising prudent financial management is essential. We needed to take tough decisions, including reducing staffing levels.”
This week Macfarlanes launched a redundancy consultation that could affect up to 14 staff, including seven fee earners. (TheLawyer.com13 Jan).
Up to seven lawyers are expected to lose their jobs in the real estate practice, which has been hit hard by the economic slump, with a further seven secretaries expected to be made redundant in corporate and real estate.
The news followed just a day after Clifford Chance, the world’s largest law firm by turnover, announced that 880 were in redundancy consultations (TheLawyer.com, 8 Jan 2009).
The Clifford Chance redundancies took The Lawyer’s Legal Job Watch table of UK 200 redundancies past 2000 for the first time (see table).
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