LG confirms layoffs of eight fee earners and eight support staff
LG has concluded the redundancy consultation it began last month, with 16 employees - including eight fee earners - asked to leave the firm. The news comes after the firm announced an 18-strong redundancy consultation in early November, with the cuts attributed to an attempt to align "resources with what remains a difficult market".
December 10, 2012 at 12:39 PM
2 minute read
LG has concluded the redundancy consultation it began last month, with 16 employees – including eight fee earners – asked to leave the firm.
The news comes after the firm announced an 18-strong redundancy consultation in early November, with the cuts attributed to an attempt to align "resources with what remains a difficult market".
Of the 16 that have now been made redundant, eight were fee earners and eight support staff.
LG managing partner Hugh Maule (pictured) said at the time that while it was a "very regrettable but prudent action" the firm needed to do it to ensure it "is in the best possible shape with the right balance of lawyers and support staff to best serve our clients".
LG held talks with Field Fisher Waterhouse this summer over a merger which could have created a firm just outside the UK top 20 with combined revenues of £150m; however, the talks were called off in June.
The news comes after a host of recent law firm redundancies, with DLA Piper last month announcing one of the largest consultations in recent years, with 251 lawyers and back office staff set to be affected.
The firm has launched a consultation on the closure of its 85-person Glasgow office, the closure or divestment of its 50-strong defendant insurance practice, and the consolidation of its document production unit, which currently employs 116 people across the firm's eight UK offices.
Meanwhile, Gateley announced it is set to lay off around 20 fee earners across its offices in Birmingham, London, Manchester and Nottingham, while Pinsent Masons concluded its second redundancy consultation since its merger with Scots firm McGrigors went live in May last week, with 15 back office staff cuts.
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