Halliwells has become the latest firm to launch a redundancy consultation across its real estate practice, potentially cutting as many as 40 staff.
The consultation will affect both fee-earners and support staff in the firm’s Liverpool, London Manchester and Sheffield offices.
The news comes just two days after Wragge & Co announced a similar consultation affecting 30 lawyers in its London and Birmingham offices (The Lawyer, 22 September).
Mike Edge, head of real estate at Halliwells, said: “The property market is experiencing a sustained downturn and, having conducted a strategic review of our real estate department, it is clear that a restructuring process is required. This has been a difficult decision to make but it is in the best interests of the business moving forward.”
The move marks the second time this year that Halliwells has had to make job cuts. In March the firm reorganised its London and Manchester offices in a redundancy consultation that affected a total of 12 solicitors and support staff (The Lawyer, 10 March).