Taylor Wessing has made 10% of its 270-strong City business services staff redundant, the latest in a string of firms moving support roles to lower-cost locations.
The UK top 20 firm announced the move today (7 February) following a consultation launched a year ago which affected up to 34 roles. Continue reading “City biz support jobs axed again as Taylor Wessing makes 28 redundant”
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”
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”
Linklaters has hired Ropes & Gray partner James Douglas to its London office, its second restructuring hire in as many months.
Continue reading “Linklaters makes second restructuring hire this year with Ropes’ Douglas”
Marcus Lee, previously general counsel (GC) of Channel 5, has been promoted to GC for UK, northern and eastern Europe for Viacom International Media Networks (VIMN), also part of the media conglomerate Viacom.
Continue reading “In-house: Channel 5 GC takes role at Viacom following internal restructure”
Lloyds Banking Group (LBG) is to axe a further 22 legal roles as part of a further restructure of the bank’s legal team. In addition, a total of c.5.5 full-time equivalent (FTE) roles will be created. Continue reading “‘People are really upset’: Lloyds to axe 22 legal roles as part of further restructure”
RBS’ general counsel (GC) for corporate & institutional banking (CIB) Dan Williams has left the legal team of the banking group. Continue reading “RBS divisional GC leaves following legal team restructuring”
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”
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”