Paris: first cutbacks to hit French capitalThe first wave of public cutbacks have emerged in the key European legal market of Paris with US firm Coudert Brothers and HSD Ernst & Young (HSD E&Y) both shedding local lawyers.

Senior figures at Couderts have confirmed to Legal Week Global that 10 Paris-based lawyers are to lose their jobs as part of a series of cutbacks in response to the slowdown in the French legal market.