Categories:Scotland

McGrigors to cut 40 jobs in UK-wide redundancy round

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  • I don't know what will distress McGrigors management more - this news making it into the press or being called an "Edinburgh headquartered firm". Real shame for their staff though, who are now paying for their firm's big spending as well as a big recession.

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  • McGrigors is a fantastic law firm to work for. business is business !

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  • What an untrustworthy bunch of gutless partners - everyone should jump ship

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  • The management are so focused on the top line that they have forgotten about the bottom one....

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  • Never. They would never take any responsibility or face the possibility that little Gertrude might not be able to have her pony this Christmas. The ratio of partners to fee earners in certain departments is shocking

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  • This is really disappointing for the 40 involved, and the others who will be part of the consultation process with them until the results are announced. However its worth noting that the firms seem to have done everything they could over a 2 year period to avoid having to make this kind of step - pay freezes, unpaid leave etc. It was a last resort for McGrigors, rather than a first resort as was the case with too many firms.
    A lot of very good people will lose their jobs here through no fault of their own.

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  • The management is so focused on mergers to improve the turnover but at the expense of efficiency and profit. Its a basic and flawed strategy. London is a mess and the Belfast takeover of L'Estrange has been a disaster - both offices are under performing and draining the cash! Its time for strong leadership before this really snowballs.

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  • @EC3 - why is everyone suggesting alternatives to fee earner and support staff redundancy automatically a "soft-in-the-head socialist"?
    Surely we are all grown up and are allowed to talk about grown-up things - like the absence of gearing/capacity management?
    Would be great to hear a well-thought out argument in favour of the redundancies.
    True, partners probably did get "there by hard graft" - but as other posters have pointed out, once you get to be a partner and are responsible for a team, billing 100,000 hours should not really your main focus.
    Its an interesting game we are playing (at non-partner level) - try to bill loads of hours, impress the partners, aspire to join the cosy inner club - but then be confronted with the reality ...like equity vs salaried; practice group vs other more lucrative practice group; you are only as good as your last year's billings etc etc

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  • Hopefully HR tread very carefully through the consultation process and have been meticulous in covering themselves. Historically they have been pretty rubbish and narrowly avoided several discrimination claims this time last year with their completely tactless handling of the NQ jobs. Outrageous what some poor trainees were told.

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  • Agree with Anonymous at 9.36am to an extent. The problem with that being some associates were working hard, bringing in large fee incomes and then not having a pay increase or bonus year on year. Effectively carrying the less industrious partners who, of course, have to protect their incomes for not doing an awful lot.

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