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.
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.
Also on TheLawyer.com:
- Addleshaw Goddard has announced an 82 per cent retention rate for its autumn 2014 trainees
- Jomati consultant Richard Tromans weighs in on the debate over the term ‘magic circle’ after Freshfields said it wanted to ditch the brand in the US
- Southampton-headquartered Moore Blatch has joined forces with spinal injury charity Aspire to create Aspire Law, an ABS specialising in spinal cord injuries, which will launch on 3 November
- And if you missed them earlier this week, check out our special reports on cyber security, Norway and Turkey