Mishcon’s three-day week revolution

Mishcon de Reya may have found the solution to any potential space problem in its newly planned Aldwych office: although it will be bringing its four offices under one roof, its lawyers may seldom set foot in the building.

Managing partner Kevin Gold has approved three-day weeks and has told lawyers to take unlimited holidays as part of a new agile working programme.

Gold has bet on brainpower rather than round the clock working, allowing lawyers unlimited flexibility as long as it doesn’t affect their clients. The programme is aimed at improving gender balance, and the stats show that this seems to be working.

It has been a time of great change at Mishcon; aside from the office move and unleashing its lawyers from their desks, the firm has also given the green light for its LLP status.

Mishcon is following in the steps of companies like Virgin Group, whose CEO Richard Branson announced unlimited holidays last month.

Virgin Money, one of its companies, has also been in the news this week. As well as announcing plans to float on the London Stock Exchange, general counsel Stephen Pearson has stepped down to be replaced by recent Nomura hire Andrew Emuss. With the IPO coming up, we doubt whether Emuss will be working a three-day week anytime soon.

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