City biz services staff under threat again as Taylor Wessing mulls 34 redundancies

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City biz services staff under threat again as Taylor Wessing mulls 34 redundancies

The transfer of business services roles into low-cost bases shows no sign of slowdown in 2019, with top 20 UK firm Taylor Wessing announcing it is considering making 13% of its 270-strong City team redundant by the end of 2020.

The move, announced today (25 January), potentially affects 34 London-based staff and comes as the firm looks to create 35 new business services roles in the Liverpool base it launched last October. Continue reading “City biz services staff under threat again as Taylor Wessing mulls 34 redundancies”

‘A bit unsettled’: Lloyds legal team to report to finance arm after latest restructure

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‘A bit unsettled’: Lloyds legal team to report to finance arm after latest restructure

The legal team at Lloyds Banking Group (LBG) will now report to the bank’s finance team in the group’s latest reorganisation, which led to the departure of chief people, legal and strategy officer and ex-Linklaters managing partner Simon Davies, after less than two years.

Continue reading “‘A bit unsettled’: Lloyds legal team to report to finance arm after latest restructure”

New Johnson Controls EMEA legal head to review Eversheds sole adviser deal following restructure

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New Johnson Controls EMEA legal head to review Eversheds sole adviser deal following restructure

David Symonds, EMEA general counsel (GC) for merged entity Johnson Controls International (JCI), is leading a restructure of the company’s legal function following the completion of the $16.5bn combination of Johnson Controls and Tyco International in September. Continue reading “New Johnson Controls EMEA legal head to review Eversheds sole adviser deal following restructure”

EMEA GC leads legal restructure following $16.5bn Tyco-Johnson Controls merger

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EMEA GC leads legal restructure following $16.5bn Tyco-Johnson Controls merger

Eversheds sole adviser mandate to be reviewed next year

David Symonds, EMEA general counsel (GC) for merged entity Johnson Controls International (JCI), is leading a restructure of the company’s legal function following the completion of the $16.5bn combination of Johnson Controls and Tyco International in September.

Continue reading “EMEA GC leads legal restructure following $16.5bn Tyco-Johnson Controls merger”