Linklaters casts off ‘New World’ moniker
Linklaters has abandoned its ‘New World’ moniker in the wake of its controversial restructuring programme.
Simon Davies
Project New World was the name given to the strategic review that led to the loss of up to 50 partners and some 200 lawyers as part of the firm’s bid to become a smaller and more profitable operation.
But following high-level management meetings on the subject the name has now been dropped and will no longer be used internally. It is understood that the firm felt the title ‘New World’ had taken on a negative connotation.
Managing partner Simon Davies commented: ”Project New World was a review of every aspect of our business in response to changing market forces. That review has concluded.”
Readers' comments (8)
Anonymous | 20-Jul-2009 11:42 am
The irony is that Simon Davies and Co. think it matters what they call their "restructuring programme".
Guess what - neither the market nor your employees are fooled...
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Anonymous | 20-Jul-2009 2:27 pm
And he also thought that referring to the cull as "a change in the shape and size of Linklaters" made things sound more rosy.
What the public does not realise is that behind the scenes the "restructuring" and the problems created by it are definitely not over.
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Anonymous | 21-Jul-2009 2:15 pm
The penny dropped rather slowly in this matter.
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Bambi | 21-Jul-2009 3:54 pm
Certain Tom, Dick and Harry at Linklaters are prepared to sink very very low in the way they deal with redundant associates in the New World. The actions of the partners remind me of a John Grisham novel...but it's all real!
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Anonymous | 21-Jul-2009 4:14 pm
One can just imagine the partners conferring over this one in the partners' dining room over brandy and cigars. One can be certain that the conversation soon turned to such other useful topics as delivery dates for their Ferraris and how the renovations were proceeding on their country estates.
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Anonymous | 21-Jul-2009 4:23 pm
New World, New World, New World.
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Anonymous | 22-Jul-2009 3:37 am
Davies and his elite circle have grown quite proficient casting off those things that have served their purpose. Once used, discarded without a second thought or pang of conscience.
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Anonymous | 22-Jul-2009 6:31 pm
I don't know about Dick and Harry but Tom has been an absolute c**t in the way that he has handled my redundancy. Can't wait for the day I can tell the world about his evil and underhand activities.
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