The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Slaughter and May is set to axe 32.7 full-time equivalent (FTE) jobs in its secretarial team after finalising a round of redundancies.
A total of 41 secretaries have chosen to take voluntary redundancy, which includes a redundancy pay package, while approximately three to four in the evening team are being asked to exit the firm involuntarily.
The 41 secretaries electing to leave includes part-timers and works out as 30.3 FTEs, including 31 day staff (23.7 FTEs) and 10 evening secretaries (6.6 FTEs).
Meanwhile, the firm has been forced to axe 2.4 FTE jobs in its evening team, constituting around three or four individuals.
The total figure of 32.7 redundancies is higher than the 28 it was originally expecting to cut from its 165-strong secretarial team when it launched the consultation round earlier in the autumn (2 October 2012).
This is because more day secretaries volunteered to take the redundancy package than the firm expected, but senior management had a contingency plan in place to ensure it could function with a smaller secretarial team than anticipated.
At the time of launching the redundancy round the firm said the decision was down to the rise of technological solutions and the changing nature of secretarial work.
The final day of employment at the firm for staff being made redundant is 31 December this year.
Slaughters executive partner Graham White told The Lawyer: “We’re extremely pleased that the overwhelming majority of the redundancies are by voluntary redundancy.”