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.
Wragge & Co has launched a second redundancy consultation after its turnover dropped 17 per cent in the 2008-09 financial year.
The firm generated revenues of £104.3m over the 12-month period, down from £125.6m the previous year. As a result it has launched a redundancy consultation with up to 85 jobs affected, including fee-earners, support staff and secretaries.
In a statement the firm said that cost-saving measures including four-day weeks, sabbaticals, unpaid leave, job sharing, extended maternity or paternity leave, career breaks and secondments have already been proposed. The firm has also frozen salaries across the board.
The firm cut 24 jobs last autumn (11 December 2008). At the time senior partner Quentin Poole (pictured) said that the first consultation was not part of a cost-cutting initiative, arguing that it was driven by a need to keep lawyers busy in a quieter market.