LinklatersLinklaters is in the midst of a firm-wide review of staffing levels designed to take the City giant’s annual staff turnover to more than 20% – a target that could lead to the ‘managed exit’ of more than 50 London lawyers this year.

Sources within the magic circle firm have confirmed that the wave of performance reviews that kicked off in April this year were the first stage of an on-going process, which has impacted on partners, lawyers and support staff.