300 JOBS CUT AHEAD OF CMS MERGER
Approximately 300 support staff roles are to be cut at CMS Cameron McKenna, Olswang and Nabarro ahead of their triple merger next month. The firms ran a redundancy consultation from January to March, with 650 of the 950 support staff offered roles in the combined firm.
LSB CHAIR STEPS ASIDE
Sir Michael Pitt, chair of the Legal Services Board (LSB), has ruled out a second term after his tenure finishes on 31 April 2017. Due to December 2016 Cabinet Office guidelines, the Ministry of Justice has advertised the role to ensure open competition. The LSB indicated an appointment will be made in June or July.
LLOYDS CUTS LEGAL ROLES
Lloyds Banking Group has confirmed 22 jobs are to be cut as the bank continues to reform its legal team. The redundancies come as part of the bank’s review to cut bureaucracy, which was announced in October 2014.
STEPHENSON HARWOOD REAPPOINTS MANAGEMENT
Stephenson Harwood has reappointed Sharon White as its chief executive while Roland Foord has been re-elected as senior partner. White, who was first appointed chief executive in 2009, will serve for a further two years. Foord returns for a second term, although this time around he will end his term after three years instead of five.