Categories:Scotland

Maclays becomes latest firm to start redundancy consultation

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  • Been on the horizon for some time now. Waiting has been the worst part.

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  • Appropriate that the two Scottish basket cases Dundas and Maclays should be sitting next to each other on the front page. Those two need to abandon London. Sad how two great firms have been laid low - whereas Brodies,Shepherds and Burness plough on

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  • "No fee-earners in Aberdeen are affected". This implies non fee earners in Aberdeen are at risk. Are there any fee earners left in Aberdeen? Can't be many after all the departures, so no surprise there will be no cuts there. While times are tough for all Management cannot be entirely exempt from criticism. MMS really has gone downhill over the last few years. Sad.

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  • Awful place to work so I imagine lots will jump at an enhanced package. The atmosphere today was toxic. I now hate this place.

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  • Brodies are certainly ploughing on but to where? Overcommitting to a damaged market and paying over the top for lots of second tier hires looks like classic old style head in the sand management. At least with the recent merger, signs are Burness have finally worked out that stopping at Gretna isn't really such a clever idea after all.

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  • The fundamental problem is that we've been carrying too many passengers for a number of years. Most have been successfully managed-out over the past few years and that , coupled with our respected and forward-looking management team, will bear fruit before too long. Prepare to be surprised by the numbers for the year ended 31 May 2013.

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  • Good strategy Chris - keep focussing on those key areas for growth. Hang on a minute ... isn't Energy one of those areas? How many O&G lawyers were at MMS at the start of the last financial year? How many are there now? You know, setting your strategy is the easy bit, but a CEO must be judged on implementation. My strategy on 1 June 2012 was to become a millionaire. Because I made no real effort to develop proper implementation I remain potless. Buying lottery tickets wasn't really the way to go.

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  • Mr Detector

    I think you should fall on your sword - it's the only honourable course for such abject failure ;-)

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  • Feel sorry for my old colleagues there, hope there's some light at the end of the tunnel

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