Reed Smith has axed 45 lawyers from its US, Europe and Middle Eastern offices as it makes the ‘necessary adjustments to remain competitive’.
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Freshfields closes German IT support as Manchester hub grows to 70
Freshfields Bruckhaus Deringer is stripping back its global support network in favour of its new Manchester back-office centre as it closes its IT support function in Germany.
The news comes as figures finally emerge from the firm around how many staff currently reside at the firm’s new support and legal outpost in Manchester. The new hub, called the Global Centre, houses between 70 and 75 staff members at its temporary Arndale Centre location, and is expected to grow rapidly to 300 employees by mid-2016 – more than a threefold headcount increase over the next seven months.
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Under review: Fasken Martineau to cut up to 70 roles in London
Canadian firm Fasken Martineau has confirmed its London office is under consultation and up to 70 roles could be cut. Legal Business also understands that City office head Gary Howes has resigned.
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Dealwatch: Weil and White & Case lead on Ukraine’s $18bn debt restructure
London teams at Weil, Gotshal & Manges and White & Case were selected as the lead advisers as Ukraine struck a debt-relief deal yesterday on its $18bn sovereign debt pile in a bid to rebuild its fragile economy.
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DWF overhauls business model with launch of consultancy, paralegal and flexible lawyer offerings
National firm DWF has launched a range of new client services as it seeks to overhaul its business model including a centralised legal support centre with paralegals, a consultancy and a contract lawyer service.
Redundancy watch: Hill Dickinson starts consultation regarding 30 insurance jobs
The insurance legal market continues to be hard pressed with Hill Dickinson confirming it is set to start a 30-day consultation tomorrow (14 May) which places around 30 jobs at risk.
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Redundancy watch: Six partners and 10 staff set to leave Ince & Co
Following a round of redundancies last year which saw 33 roles cut, Ince & Co is restructuring its partnership and support staff with six partners and ten secretarial staff set to depart.
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Freshfields plans Manchester hub on radical scale as City leader repositions for changing law market
Freshfields Bruckhaus Deringer’s decision to jump on the near-shoring wagon with its first low-cost services hub in Manchester is on a scale larger than its peers, with up to 800 support service jobs being transferred – a move which is unsettling some at its Fleet Street headquarters.
Freshfields’ northshoring planned on radical scale as City leader repositions for changing law market
Internal worries as firm’s new low-cost hub could affect up to 800 roles
Freshfields Bruckhaus Deringer’s decision to jump on the near-shoring wagon with its first low-cost services hub in Manchester is on a scale larger than its peers, with up to 800 support service jobs being transferred – a move which is unsettling some at its Fleet Street headquarters.
BPO – Wragges transfers 65 support staff to Intelligent Office as 26 staff take redundancy
Following an extensive review of its legal support services in May, Wragge & Co has made 26 full time equivalent (FTE) staff redundant with a further 65 roles transferred across to business process outsourcing (BPO) group Intelligent Office.
The BPO arrangement sees staff from across all four of the 502-lawyer firm’s legal groups – corporate, commercial, finance and projects; real estate; human resources; and dispute resolution – transfer to form a new document production centre, concierge hubs and a ‘docucentre’ for reprographics, post and archiving, all managed on site by Intelligent Office. Continue reading “BPO – Wragges transfers 65 support staff to Intelligent Office as 26 staff take redundancy”