Categories:Scotland

McGrigors to cut 40 jobs in UK-wide redundancy round

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  • I'm not surprised by the interest in this story or the Belfast focused stories. Things seem to be unravelling in Belfast. Maybe the stories that the L&B partners can't work together aren't too far off the mark. The hope that a new name above the door and new management would change things is obviously fading. Apparently the bookies have closed their book on odds for an exodus of partners in Belfast and a new L&B re-emerging from the ashes....

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  • I'm in the NI legal market and this is hilarious, what a bunch of whinging muppets, I wasn't aware law firms had trade unions. as for the hope that L&B will re-emerge, everyone in Belfast knows who the heavyweights/influencers in L&B were, I don't see them complaining much or have i missed something

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  • class story but sadly largely created by losers. i liked the one about the bmw is that seriously true? i know some of the guys there like their cars, i dont think 50k would buy the bm i saw recently in the car pk though. Lets not talk them into starting up another law firm please there is little enough work

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  • Most of you ciritcs of anonymous are living in a dream world. I am not one of the people being made redundant but I know the score within the firm. To suggest that partners only bring in the work is incorrect and insulting. To suggest that they have 'earned' the right to be exempt is correct until you take into account that it is their mis-management that is causing other peolpe's jobs. So morally exempty? No. Turnover and profit went up. People are only sacked because if thet are not then the partners won't be able to replace last years Mercedes with this years model. And consultations? pah. Lip service you mean. These firms are run like any capatalist country. The rich get richer, the poor get stepped on. And I am NO socialist. Just a relaist.

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  • Here here to the above comment.
    Unfortunately it will take many many years for students to understand reality.

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  • I work in Belfast and at every client meeting I had today, everyone (solictors on the other side and clients) were talking about this article and the responses. There are some great stories on here, some so ridiculous that they must be true! The question on everyone's lips today was "what is going on at McGrigors".

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  • Anonymous @ 5.15 - With spelling and grammer like yours you deserve to be made redundant. In truth, there just isn't enough work to go round all the qualified lawyers working in the UK at the moment. A law firm is like any other company selling a product. If demand for the product falls any sensible business will take steps to cut costs - unforunately for those made redundant the easiest way for mcgrigors to cut costs is to cut staff numbers.

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  • as an older generation in the profession is it just me or is it depressing that a few sore losers are allowed to start rumours and say what they like about frims on line, including L&B and McGrigors, who last time I checked were by a long way the dominant firm in NI, maybe some of you should take a leaf out of their book and sharpen up a bit - as for the rocket scientists in the firm complaining about usual business practices such as cost measures, grow up or go elsewhere although please dont apply to my firm I am now on notice of your opinions

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  • to anonymous at 7:22
    A bit harsh I would say.
    Reading between the lines people are upset about ruined careers etc
    Personally, these days I don't much care as I would rather be in an industry that has potential for growth and better wages etc.
    Let's hope the Indians and the Chinese don't ruin your business or you might start complaining yourself. ABS is just round the corner.

    Outsourcing and commoditisation of services may just finish you off.

    I hope you don't mind a bit of age discrimination?? but that's business right???

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  • Neither L&B or McGrigors have ever been the dominant forces in NI and if they were it wouldn't be too hard as the vast majority of firms in NI are either conveyancing sausage factories or one man bands.

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  • IHateBPP at 1.19
    L&B probably were fairly dominant 20 years ago when they were all walking round with their quils and smoking jackets with no real competition. They lost that position when the competition increased. I agree that McGrigors were never dominant in NI. They never will be the way things are going for them. I wonder how the L&B partners now feel being part of a ruthless business which requires them to win new work and compete in the market. Welcome to the real world!

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  • ...about some little scottish law firm trying play with the big boys and failing.
    This article is funny though.....
    http://www.scottishlegaljobs.com/news/richard-masters-is-looking-to-take-mcgrigors-to-the-top-of-the-london-tree-.html

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  • "He adds that McGrigors is well placed to avoid any further redundancies in the months ahead, as it prepares to move from its long-standing home in Glasgow's Wellington Street to much-sought-after real estate space at 141 Bothwell Street."
    !!!

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  • McGrigors are in this position because they have continued to spend money like water despite a large overdraft. One suspects the bank will be putting pressure on them to reduce it.
    To the people posting a slap on the wrists on here directed at the people complaining about this, bear in mind McGrigors, in Scotland anyway, have a traditionally v loyal workforce and lower than average staff turnover, but those same staff are now being made redundant to pay for the spending and to maintain PEP. You should have a little heart if they want to moan on here a bit and vent their frustration in a way less likely to cost them their job than any other.
    I am ex-McGs, long time there and senior role and I agree with the comment about things changing when they went in with Klegal, and not very much for the better. The current managing partner was very much involved in and in favour of that deal and has continued to view expansion as the only way forward for McGrigors. Until a fortnight ago.

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  • Just where is the legal profession going. Another firm that has expanded on the back of the sweat of good assistant solicitors on the basis ofjam tomorrow. I left the sweat shop mentality years ago and have never regretted it.
    M is not daft they are well aware ,amongst others, that the promise of jam tomorrow works for technically good lawyers but as green as grass.
    M will not be the last and on all accounts are no where as bad as some of the big Leeds sweat shops.
    The reality is Law is the modern day sweat shop.and nothing will change unless Lawyers start walking

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  • @Anonymous | 28-Oct-2010 6:25 pm

    Are you really in a position to comment on someone else's grammar when you cannot even spell the word correctly yourself?

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  • .... little scottish firm whose opinions are not backed up by their ability. I feel sorry for any good young lawyers in the firm who are being promised the jam tomorrow but there is no jam today and not likely to be any jam for a while. They have been building themselves up as the next big national law firm in recent years which is why so many people are looking at the apparent disarray the firm is now in with a smug smile on their face....

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  • No wonder my Edinburgh Uni law student pals who've applied for a 2012 traineeship at McGrigs haven't heard back.... think I'll be warning them not to expect a call anytime soon!

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  • Probably best that students leave the commenting to people who are not just feeding on whatever rumour somebody in their law class has decided to make up on that day. Considering the firm was one of the few not to defer their trainees, even during the big hit in 2008, there is absolutely no basis to suggest that the trainee intake will be affected this year.

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  • No, trainee intake will not be affected this year.
    Trainees much needed after the recent redundancies to help with basic tasks of sorting out post and archiving. Whilst the partners are swanning off on their away day, patting themselves on the back for saving their own skins, the firm 's transformation into a complete farce is almost complete. Yes, make the post guy redundant - its great getting our important letters and deliveries at 1pm instead of first thing in the morning. Archives department? Completely unmanned. Well done, lets hope there is no need to recover any client files currently sitting in a big container no one has a clue how to get to. McGrigors - we salute you

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