Hogan Lovells confirms three City tax redundancies as consultation closes
Hogan Lovells is to make three associates in its London tax practice redundant following a consultation that started in November last year. The consultation was led by tax partner Karen Hughes, with four associates in the group placed at risk of redundancy owing to reduced work levels across the practice. Taking the redundancies into account, the London tax practice will now have six partners and 19 lawyers, working with clients including Barclays, ExxonMobil and Ford.
February 23, 2011 at 11:54 AM
2 minute read
Hogan Lovells is to make three associates in its London tax practice redundant following a consultation that started in November last year.
The consultation was led by tax partner Karen Hughes, with four associates in the group placed at risk of redundancy owing to reduced work levels across the practice.
Taking the redundancies into account, the London tax practice will now have six partners and 19 lawyers, working with clients including Barclays, ExxonMobil and Ford.
The job cuts come after Hogan Lovells made four redundancies in its real estate practice last year, after a consultation which began in July 2010. Three senior associates were laid off, with another taking voluntary redundancy.
Prior to the real estate redundancies legacy Lovells had not made any job cuts since April 2009, when 79 legal and support staff left the firm. That redundancy consultation had started in February that year, with a total of 96 jobs reviewed.
Firms making redundancies more recently have included Barlow Lyde & Gilbert, which confirmed in November that three partners from its corporate and commercial group had been asked to leave alongside a handful of associates.
Meanwhile, Allen & Overy and CMS Cameron McKenna have recently started consultations in London as a result of outsourcing projects that will see A&O open a support centre in Belfast and Camerons transfer the majority of its back-office support staff to Integreon.
Separately, Camerons has launched a consultation process in London, with two real estate associate roles up for redundancy.
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