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.
Almost 30 jobs are being cut at Scotland-headquartered firm Dundas & Wilson following a consultation process.
In February the firm confirmed that due to the “nature and level of demand for its services” it would be considering redundancies (24 February 2012).
While the firms mooted cutting staff and partner positions, chairman David Hardie confirmed the cuts only relate to staff at the moment.
He said: “We’re going through a process which must be seen in the context of a wider reshaping of our business and what we’re doing.
“We’ve opened the Aberdeen office, brought in a team form Stephenson Harwood on the banking side and in parts of the business we have too many heads.
“Combine that with a difficult market and people tend to stay rather than leave and we end up with too many lawyers in too many areas because of a lack of natural wastage.”
Hardie said the positions being cut are spread across the firm’s offices in Edinburgh, Glasgow and London and that discussions about when people leave are “bespoke” to each individual.
He added that partners’ performance is reviewed each year in a separate process.
The firm is currently being managed on an interim basis by head of performance and resources Caryn Penley, who also leads the firm’s debt, recovery and restructuring practice, and head of operational excellence Allan Wernham, who also heads the firm’s real estate team. The interim team was put in place in response to managing partner Donald Shaw stepping down part-way through his term (8 March 2012).
A new managing partner is expected to be in place by September.