Dechert set for redundancy consultation
Dechert has become the latest firm to cut jobs, with the US firm reviewing the positions of a number of administrative staff in its London office. The firm declined to comment on the number of jobs under threat but up to 20% of administrative staff are understood to be involved in the redundancy consultation.When questioned about the jobs at risk Dechert's London managing partner, Steven Fogel, told Legal Week: "It in the nature of a jobs consultation that there should not be a preconceived idea about numbers. I do not know where the percentage you have mentioned comes from. It is not authoritative."
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