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Wragge & Co to make 30 lay-offs

No Commercial Sense Have the management team at Wragge's completely lost it – sacking 30 hard working fee earners but keeping on 20 unnecessary support staff makes no commercial sense at all!!! The first rule of business in tough times is to cut costs but not income. By reducing the number of fees earner income will drop, will supporting inefficiencies with 20 extra support staff who are not needed only serves to maintain costs. Furthermore, the Property Department is the life blood of the firm and has certainly bailed out their other departments (ahem corporate) when they were finding things tough in years gone by! I thought that Wragge's had a reputation as a caring employee with all their Employer awards, but this knee jerk reaction to protect partner profits really shows the firm's true colours to a department which has been the backbone of their continued double digit growth over the past few years. Good luck to loyal legal eagles who has sweated blood and tears to kept the chauffeur driven partner cars going, and for those people who are staying on you now know how true loyalty is rewarded by the firm with the best Employee Spin Doctors in the business…….making the tea will always be more highly regarded that smashing your billable hours targets…it just does not make commercial sense!

24-Sep-2008

11:29 pm