The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
City firm Speechly Bircham has launched a redundancy consultation with eight fee-earners.
City ;firm ;Speechly Bircham has launched a redundancy consultation with eight fee-earners.
Managing ;partner Michael Lingens told The Lawyer the consultation was the result of a two month-long business review that had identified a slowdown in real estate and corporate work.
“I regret any loss of good people, but this is a considered response to the current business climate,” said Lingens, adding that the firm is continuing to recruit in practice areas unaffected by the credit crunch, such as IP, employment and disputes.
Meanwhile, support staff are unlikely to be hit by the redundancy programme. “We run a tight ship on support staff and there’s enough work for everyone,” said Lingens.
Speechly’s turnover rose by 18 per cent, from £40m to £47.2m, at the 2007-08 year-end, which was ahead of budget.