Clifford Chance (CC) has made another round of job cuts in London, with eight fee earners set to be laid off, Legal Week can reveal.

The redundancies will affect eight lawyers in the firm's City capital markets practice. The firm has stated that no other offices or practice areas will be affected.

The process, which started earlier this week, will see affected fee earners consulted with on an individual basis. All of the redundancies are compulsory.

A spokesperson confirmed the cuts saying: "We can confirm that the firm is proposing to make redundant a small number of lawyers from the capital markets practice in the London office. There are no plans for a large scale redundancy programme."

The latest job cuts come after the conclusion of the firm's restructuring programme during the last year, which saw a significant number of fee earners, partners and support staff lose their jobs.

CC launched a redundancy programme in early January affecting around 80 lawyers in the City – equating to nearly one in 10 of its London associates. The cuts were followed in March by news that the magic circle giant was set to make up to 115 business support staff redundant after a review of the function starting earlier in the year.

Job cuts have also been made internationally, including an early round of layoffs in the US which affected 20 US litigators in late 2008.

In addition to the redundancies, CC also announced a restructuring of its partnership in February, capping the losses at 15% of its global equity partnership. Excluding retirements and those leaving for other reasons, the firm's overall partnership will be reduced by a similar figure.

The magic circle firm's accounts for 2008-09 show it has already spent £60m on restructuring the size and shape of its business.

Clifford Chance on the Legal Week Wiki