Simmons & Simmons has launched a redundancy consultation in its London office which could see up to 69 staff lose their jobs. The firm kicked off the 30-day review today (17 February) with up to 20 associates, 35 secretaries and 14 other business service and support staff at risk of redundancy, with the cuts affecting Simmons' capital markets, real estate and banking divisions.Commenting on the review, Simmons managing partner Mark Dawkins told Legal Week: "We are responding to market conditions. The next 12 to 18 months will be very challenging for some areas of the firm - we have to align ourselves with what clients want efficiency-wise and we have to adjust to the changing world."
February 17, 2009 at 12:32 PM
1 minute read
The original version of this story was published on Legalweek
Simmons & Simmons has launched a redundancy consultation in its London office which could see up to 69 staff lose their jobs.
The firm kicked off the 30-day review today (17 February) with up to 20 associates, 35 secretaries and 14 other business service and support staff at risk of redundancy, with the cuts affecting Simmons’ capital markets, real estate and banking divisions.
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