Reed Smith San Francisco (Photo: Jason Doiy/ALM) Reed Smith Halts UK Furlough Support Following Backlash
The firm claimed between £50,000 and £125,000 from the scheme since December despite posting strong profits and revenue growth for last year.
July 21, 2021 at 08:07 AM
3 minute read
U.S. law firm Reed Smith has ceased using the U.K. government furlough support scheme, one week after research by Law.com International found the firm was one of several to have claimed public funds despite posting strong revenue and profit growth.
The U.S. firm claimed between £50,000 and £125,000 from the scheme since December, according to the government data published at the start of July. A spokesperson confirmed the firm is no longer using the scheme.
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