Nixon Peabody cuts 56 jobs

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The independent review of the crown dependencies due in spring this year could have advantages for offshore financial centres, but what of the UK itself? Asks Clayton Bonnette. The crown dependency review proposed by the chancellor in his pre-budget report last year is the ideal opportunity for offshore centres to demonstrate the stringent regulatory and […]

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Lovells to slash 94 jobs

Lovells has begun a redundancy programme that will see up to 94 members of London staff lose their jobs. A total of 18 lawyers are at risk of redundancy, with 43 support staff, 27 secretaries and six professional support lawyers also likely to lose their jobs. The consultation process, which will last for one month, […]

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City elite refuse to rule out pay band freeze

City firms have not ruled out a pay freeze come May, following decisions at Freshfields Bruckhaus Deringer and White & Case to lock down their associate pay bands. Herbert Smith, Clifford Chance, Allen & Overy, Ashurst and Lovells have all said they are yet to make a decision on salaries, but none of the firms […]

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CC, Links redundancy payouts: which is the biggest spender?

Time is money. Or at least, it is for the staff at Linklaters. Time is money. Or at least, it is for the staff at Linklaters. The firm will slash up to 270 jobs in London as part of a strategic programme dubbed ‘Project New World’. The redundancy payments these people receive will be based […]

Unified Durham County Council drops Kent model

Durham County Council has rejected mimicking Kent County Council’s ­‘private practice’ model for its in-house legal team after putting its search for a new general counsel on hold. Local councils around Durham are due to merge into a single authority in April, with council chiefs interviewing candidates for the top legal post since the end […]

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