The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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Herbert Smith has concluded its redundancy consultation with all those due to leave the firm opting for voluntary redundancy.
In April the firm revealed plans to cut 84 positions from its London practice while also freezing salaries at the 2008-09 levels (20 April).
In a statement released today Herbert Smith said it had received “sufficient voluntary redundancy applications and requests for alternative working arrangements to achieve the required number of reductions” without having to make compulsory redundancies.
New positions will be created for those seeking alternative working arrangements, the firm added.