Changes include new board responsibility for strategic decision-making
Pinsent Masons has made a series of changes to its management structure, including the introduction of fixed terms for those in leadership positions, the formation of an operations committee and the cession of decision-making control to the board.
Continue reading “Pinsents scraps leadership for life amid top-down management restructure”
Eight City-based lawyers have left the partnership at King & Wood Mallesons as part of a restructuring that will see up to 24 partners exit across Europe and the Middle East.
Continue reading “Eight already depart KWM partnership as European restructuring kicks in”
Just four days after losing a six-partner private equity team in Paris to Goodwin Procter, three partners have left King & Wood Mallesons‘ London office for Mishcon de Reya, Dentons and Goodwin Procter.
Following a major overhaul of its practice structure, King & Wood Mallesons (KWM) said in March it would axe 15% of its Europe and Middle East partnership, and make 45 business services employees redundant in London.
The move means 24 partners will leave the firm and is the second shake-up of the legacy SJ Berwin partnership in 12 months, when another 10% of the partnership across the region were asked to leave following a performance review.
Continue reading “KWM to cut 15% of legacy SJ Berwin partnership following major shake-up”
With the litigation market soft and the deal market at least momentarily out of breath, there may be more lawyers finding themselves leaving their firms sooner than they had planned. Law firm managers have started using the dreaded O word again – O for overcapacity – and such talk is often a prelude to firings and other forced departures.
Continue reading “Guest post: How to reduce head count without making new enemies”
King & Wood Mallesons (KWM) told its London partnership this morning that 15% of its European and Middle Eastern partners will be axed, with an additional 45 business services roles in London to be made redundant.
Fasken Martineau will close the doors of its Hanover Square office at the end of this week, relocating a significantly reduced 10 lawyer team to London’s Old Broad Street. Lawyer headcount at the firm’s City office has been cut by almost a third in just a few months, having 28 fee-earners at the beginning of this year.
Continue reading “Fasken Martineau slashes London lawyer headcount by a third ahead of office move”
King & Wood Mallesons (KWM) is restructuring its London teams, which has delayed the election of a new European managing partner and comes amid cash flow problems in the legacy SJ Berwin practice.
The move comes as the firm rolls out its 2020 strategy, which KWM global managing partner Stuart Fuller described as setting ‘a vision to be in the global elite for the next century’.
Slater and Gordon (S&G) is to restructure its UK operation after posting an A$958m (£493m) loss for the six months ending 31 December 2015, primarily due to a hefty writedown of its UK business.
Continue reading “Slater and Gordon launches restructuring plan as six month loss nears £500m”
Months after the UK government announced unexpected personal injury reforms, Slater & Gordon is consulting on the closure of two its UK offices, a move which could affect 51 staff.
Continue reading “Slater & Gordon plans closure of two UK offices”
