Tue, 21 May 2013
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Wragge & Co to make 30 lay-offs
Firms are seizing this opportunity to weed-out any dead-wood Support staff, of whom there are apparently '20 too many' at Wragges, will now be looking at each other and wondering if they are in the 20! I
t is very easy to blame partners for not securing sufficient work, but in the real estate sector, what are they supposed to do right now? There isn't the work, full-stop, across the industry. If Wragge's partners get the work, then 20 lay-offs occur elsewhere...
What's needed is more innovation around salaries for associates and up-comers so that they can be retained in bad times and rewarded in good.
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