Hogan Lovells to shed more than 40 US business services staff after voluntary retirement offer
Firms sees up to 12% take up offer of voluntary retirement as programme closes
October 05, 2017 at 04:48 AM
2 minute read
Hogan Lovells is set to trim its US business services ranks by more than 40 members of staff, following a voluntary retirement programme.
The programme, which closed last week, saw about 400 US business services staff who had been with the firm for at least five years invited to take voluntary retirement.
Hogan Lovells has now confirmed that 10%-12% of the 400 accepted the offer, meaning the firm will shed about 45 US staff.
The firm initially expected that 5%-10% would take up the offer – equating to 20-40 staff.
However, despite the retirements, some of the roles will not be lost. A Hogan Lovells spokesperson said: "We are looking at each role on a case-by-case basis – some we will replace in the relevant office or elsewhere, some will be moved to Louisville and some we will not replace."
The transatlantic firm said the decision had been taken in part due to a number of early retirement requests it had received from business services staff, and said that it would be offering "enhanced terms" for those involved. It added that the move would enable the firm "to look again at our business services roles and where we deliver those services from".
In the US, Hogan Lovells last year launched a $9m (£6.8m) global business services centre in Louisville, Kentucky, which focuses on work such as billing, tech support and conflict checks.
The US cutbacks come on top of 90 UK roles affected by a restructuring of the firm's London operations, which was announced last month.
The UK restructuring will see 78 business services roles and 12 legal support positions in London cut or moved to the firm's business services centres in Johannesburg and Birmingham, both of which were launched in 2014.
The firm expects that "the vast majority" of the roles will be moving, with about two thirds of the roles likely to transfer to Johannesburg.
The firm is not currently undertaking any other business service or legal support restructurings in any of its other global offices.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllCox & Palmer to Merge with Benson Buffett in St. John’s, Canada’s Easternmost City
2 minute readAsia's Top Stories 2024: Departures, Layoffs and Breakups at the Likes of Kirkland, Skadden and Mayer Brown
A&O Shearman’s South African Lawyers in Last-minute Talks To Find Jobs Before Closure
3 minute readTrending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250