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Addleshaws cuts fee-earners as profits rise 30 per cent

Agree with one of the anonymous posters, at least this isn't on the sly. All professional services firms hire on a regular basis and whittle those people down to the partnership. Up or out. For years this was concealed as the pyramid got fatter at each level to keep up with growing work levels (built on flimsy debt foundations, lest we forget). But now that growth is gone, the number of trainees at the bottom of the pyramid is shrinking and every level above that will see some fat trimmed to keep things in proportion. Lets not forget, though, that most in the profession still live a remarkably gilded life compared to the average (£26k) british punter.

21-Jun-2012

2:20 pm