More than 50 U.K. lawyers at Lehman Brothers are searching for work in the wake of the bank's shock bankruptcy filing. Specialist in-house recruiters are now working in and around the bank's London offices amid widespread expectations that Lehman's 5,000 U.K. staff will be made redundant. Recruiters working with Lehman lawyers said that there had been no formal notice of redundancy for the group's lawyers, but it is expected that a U.K. legal team estimated at between 50 and 60 lawyers will lose their jobs.
Lehman Lawyers Look for Work as Clifford Chance Acts on Barclays Asset Hunt
September 16, 2008