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Denton Wilde Sapte to Cut Up to 29 More Jobs

By Emma Sadowski All Articles 

Legal Week

October 14, 2009

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  • U.K. Firm Denton Wilde Sapte to Cut Up to 80 Jobs

Denton Wilde Sapte has launched its second redundancy round this year, with 29 support and secretarial positions at risk.

The top 50 U.K. firm announced the redundancy consultation Tuesday with the bulk of the cuts expected to affect the London office, with the rest in Milton Keynes, U.K.

Twenty secretaries and nine support staff are included in the consultation.

In London, support staff working in departments including accounts, facilities, litigation support and marketing are at risk of layoffs, as are secretaries in departments including real estate, energy, infrastructure, disputes and employment and pensions.

The Milton Keynes cuts are expected to affect accounts and IT support staff as well as secretarial staff in the construction team. No fee earners will be affected.

The latest redundancy consultation, expected to be concluded by mid-November, comes after an earlier round of job cuts resulted in 76 staff leaving the firm -- including 37 fee earners.

That process began in early January, with 80 staff initially at risk.

Dentons' results for 2008-09 showed the impact of the restructuring, with the firm reporting a 36 percent dip in profits per equity partner to 340,000 pounds ($540,700) from 470,000 pounds ($747,400). The firm said profits were impacted by the 3.5 million pound ($5.56 million) cost of the headcount reduction.

Commenting on the redundancies, chief executive Howard Morris said: "This is not something that we wanted to do, but we can now see the way the year is shaping up and even though we shall be on budget for the year, or above, we will have sufficient capacity to meet any increase in activity levels. We have been careful to monitor activity levels and we have come to the decision that this is the right thing to do."

For more news, commentary and analysis on the international legal market, visit LegalWeek.com.

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