The Lawyer’s newest product is the most comprehensive overview of the Asia-Pacific legal market yet produced. With rankings of the top 100 local law firms by lawyer headcount as well as analysis of the leading 50 international players in the region, it is essential reading for anyone interested in the strategic future of the world’s fastest growing legal market
Irwin Mitchell makes 16 redundant" />Irwin Mitchell has made at least 16 redundancies, with its conveyancing department bearing the brunt of the layoffs, The Lawyer understands.
The firm launched a consultation with members of its Leeds and Sheffield conveyancing department in April of this year. According to sources, this resulted in at least five members of staff being made redundant.
Since that date it is understood that a further seven administrative staff have also lost their jobs across a number of departments, in addition to four senior fee-earning positions being axed in the insurance services department.
Sources claim that there is a further position in the training department that is currently under consultation.
One former employee that was made redundant told The Lawyer: "Some of the consultations have been conducted with haste. The quickest I'm aware of was three days from the announcement to them leaving, the average is about three weeks in total and they are generally kept hush-hush within the departments."
The employee added: "Redundancy packages were pretty much at the statutory level. I wasn't offered anything as sophisticated as outplacement services. They mentioned something about a 24-hour counselling line."
Irwin Mitchell recorded a jump in turnover by £28m at the end of the 2007-08 financial year on the previous year to hit £145m, however the firm's profit margin had dropped over the same period by two per cent from 20 to 18 per cent.