The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
The spectre of a new round of redundancy programmes raised its head today, with both Berwin Leighton Paisner (BLP) and DWF unveiling weighty layoff schemes.
BLP today confirmed that it anticipates around 58 legal staff and 44 secretarial staff plus members of its business services team will face the prospect of redundancy as the firm looks to slash salary costs by 15 per cent.
The pair of firms’ shock news follows the announcement last week that Cobbetts’ former debt recovery business Incasso, which was acquired by HL Legal Solicitors, made 44 staff redundant following a consultation with 52 staff.
Wragge & Co too has launched a consultation process, with up to 30 full-time equivalent support staff at risk in London and Birmingham.
While that news is dismal enough for those involved, it was probably less expected than today’s double whammy.
It looks like it is legal market land’s Black Tuesday all over again.