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Costs in translation

If Pinsent’s can take out £19million in costs, when only really implementing their "flex" scheme only in the latter part of 2009 (September onwards) - what were Evershed's thinking when they got rid of 735 people - all they really needed to do was go down the road of a half hearted attempt at the Norton Rose like scheme and they could have saved much the same. After all, Pinsent’s only had 19 "redundancies". Many law firms could take a leaf out of their book, your staff won't be able to complain because you're the one that will give them a reference, who cares about integrity and honesty in the profession, especially when you can be as ruthless as you want and still come up smelling of roses. We all know that you have to cut staff numbers, its how you go about it, you either choose honesty and integrity (in a profession where that should mean something, even today) and a hell of a lot of bad press to boot, or choose slightly underhand methods then see how long you can get away with it. "every firm has taken headcount out, whether or not they’ve been upfront about it.”

5-Jul-2010

11:01 pm