Report this comment to a moderator

Addleshaw Goddard cuts 24 fee-earner roles at end of consultation

Really Anon @ 2:22? The economy may have it's problems. But like it or not, some people consider the current LLP law firm model to be flawed. It would be like turkey's voting for Christmas to expect a partner to acknowledge that a team has become top heavy with partners. So instead, when the levels of work reduce, the senior fee earners are dropped. That's not to say that this strategy represents either best value or quality of service for their clients, simply that the partners ensure that they stay put. Some may also say that chasing improving profitability in the current economic climate says more about what is wrong with our society and the attitude of the senior people in this profession rather than the economy itself. If some of the law firms were being run as companies where the senior fee earners (the partners) are not owners of the business, the profile of the redundancies would be significantly different. That's what non-partners find galling. But then it's all part of the perception that junior fee earnrs have that, having made it, most partners have no regard for managing the aspirations of those that follow them. It's grown into a sector where too many people in each business want too large a slice of the pie the business makes.

30-Aug-2012

6:46 pm