The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Struggling Anglo-Welsh firm Morgan Cole is resorting to further cost-cutting measures that will see two partners ousted from the partnership and leaves a further 20 people facing the possibility of redundancy.
The staffing cuts come just six months after Morgan Cole made six non-lawyers redundant following its demerger with London insurance practice Fishburns. The firm's IT staff were hit particularly hard. This time, HR is understood to have been among the areas targeted for cut-backs. The bulk of the firm's administrative staff is based in Cardiff and Oxford.
In a statement to The Lawyer, the firm said: "We can confirm that, like many other professional firms, we have been reviewing our budgets and staff requirements in readiness for the next financial year. As a consequence, a total of 20 people are being considered for redundancy and two partners are retiring from the partnership. This represents 3 per cent of the total staff."
Fifty-four partners have left the firm since it was formed in 1998.