Slater and Gordon (S&G) is to restructure its UK operation after posting an A$958m (£493m) loss for the six months ending 31 December 2015, primarily due to a hefty writedown of its UK business.
Continue reading “Slater and Gordon launches restructuring plan as six month loss nears £500m”
Months after the UK government announced unexpected personal injury reforms, Slater & Gordon is consulting on the closure of two its UK offices, a move which could affect 51 staff.
Continue reading “Slater & Gordon plans closure of two UK offices”
Reed Smith has axed 45 lawyers from its US, Europe and Middle Eastern offices as it makes the ‘necessary adjustments to remain competitive’.
Continue reading “‘Necessary adjustments’: 45 lawyers laid off in Reed Smith restructure”
Freshfields Bruckhaus Deringer is stripping back its global support network in favour of its new Manchester back-office centre as it closes its IT support function in Germany.
The news comes as figures finally emerge from the firm around how many staff currently reside at the firm’s new support and legal outpost in Manchester. The new hub, called the Global Centre, houses between 70 and 75 staff members at its temporary Arndale Centre location, and is expected to grow rapidly to 300 employees by mid-2016 – more than a threefold headcount increase over the next seven months.
Continue reading “Freshfields closes German IT support as Manchester hub grows to 70”
Canadian firm Fasken Martineau has confirmed its London office is under consultation and up to 70 roles could be cut. Legal Business also understands that City office head Gary Howes has resigned.
Continue reading “Under review: Fasken Martineau to cut up to 70 roles in London”
London teams at Weil, Gotshal & Manges and White & Case were selected as the lead advisers as Ukraine struck a debt-relief deal yesterday on its $18bn sovereign debt pile in a bid to rebuild its fragile economy.
Continue reading “Dealwatch: Weil and White & Case lead on Ukraine’s $18bn debt restructure”
National firm DWF has launched a range of new client services as it seeks to overhaul its business model including a centralised legal support centre with paralegals, a consultancy and a contract lawyer service.
The insurance legal market continues to be hard pressed with Hill Dickinson confirming it is set to start a 30-day consultation tomorrow (14 May) which places around 30 jobs at risk.
Continue reading “Redundancy watch: Hill Dickinson starts consultation regarding 30 insurance jobs”
Following a round of redundancies last year which saw 33 roles cut, Ince & Co is restructuring its partnership and support staff with six partners and ten secretarial staff set to depart.
Continue reading “Redundancy watch: Six partners and 10 staff set to leave Ince & Co”
Freshfields Bruckhaus Deringer’s decision to jump on the near-shoring wagon with its first low-cost services hub in Manchester is on a scale larger than its peers, with up to 800 support service jobs being transferred – a move which is unsettling some at its Fleet Street headquarters.
