Olswang to cut up to six jobs across finance and employment teams

Olswang has placed six jobs at risk of redundancy following an internal review that prompted the firm to carry out “structural changes” in its finance and employment practice groups.

The firm confirmed it had put the employees in consultation but stressed that no redundancies had been announced.

An Olswang spokesperson said in a statement: “Following an internal review, we’ve identified the need to make some structural changes to the firm’s finance and employment teams.

“We’re consulting with six members of staff who may be affected by these changes about their future roles. At this stage, no redundancies have been announced. We hope to be able to avoid the need to make any dismissals by exploring alternative roles during the consultation period. 

“The proposed changes will enable these teams to work more efficiently and profitably, thereby equipping them for continued growth in the future. The changes are driven by the specific business needs of the affected teams and are not a reflection of a wider redundancy exercise at the firm.”

The firm declined to confirm whether the staff in question were lawyers or back-office staff. All six are members of the finance and employment departments.

The programme, first reported by legal website RollonFriday, is far smaller than other redundancy schemes carried out in recent weeks by firms such as Eversheds, which has put 166 staff in consultation (24 January 2013), and DLA Piper, which is shutting its Glasgow office after putting 251 jobs at risk across the UK (24 January 2013).

In 2009 Olswang put 45 employees in consultation, with the round covering fee-earners and support staff (30 January 2009).

Just over a year earlier it placed 10 legal and support-staff jobs in real estate at risk of redundancy (17 November 2007).

For full coverage of law firm cuts and redundancies, click here.