As Bristol-based TLT yesterday posted a double-digit hike in turnover and announced a dual hire to launch an office in Manchester, in contrasting fortunes Glasgow-based Maclay Murray & Spens became the latest UK firm to announce a redundancy consultation in a move that could affect up to 30 roles.
TLT’s turnover rose 10 per cent from £44.5m to £49m during the last financial year, a figure which means the firm’s financials have increased steadily year-on-year for over a decade. The news comes as the firm has also hired former DLA Piper technology partner Stuart Campbell and Pinsent Masons legal director Emma Flower to launch its Manchester office this summer in Spinningfields. Campbell is a commercial lawyer specialising in IP and technology for retail and financial services client while Flower has 16 years’ experience of heavyweight commercial disputes including supply chain cases, commercial agency claims, partnership issues and shareholder disputes.
