Firms to stem cuts with damage limitation plans
Some of the UK's top law firms have started putting together back-up plans in a bid to minimise lawyer job cuts over the coming months. Firms including Simmons & Simmons, Taylor Wessing, Wragge & Co and Ashurst are among those thought to be seriously considering alternative options, as the number of legal redundancies in the City mounts by the day. Several firms are considering asking associates to take a period of unpaid leave, with Ashurst understood to have already offered this as an option to associates.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651