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Reed Smith has revealed plans to make redundancies at its London office, referencing the “prolonged economic uncertainty” caused by the pandemic.
Pay cuts, shorter weeks and furloughing will also be implemented.
Want to know what’s been happening in the commercial world that might be of interest to your future clients? Look no further than this collection of interesting business stories from the past week.
The number of pupillages being offered is likely to shrink as covid-19 forces chambers to defer recruitment, the Bar Standards Board revealed in a recent report.
City practices Linklaters and Addleshaw Goddard have revealed their Spring newly qualified retention rates.
Slaughter and May has announced the introduction of a new scheme, which allows associates to reduce their working hours for less pay, enabling them the “time to pursue other interests and maintain a greater work/life balance”.
A serious decline in the number of overseas professionals looking for work in the United Kingdom could spell a talent shortage in the UK legal profession, a LinkedIn study of data from over three million people has indicated.
Weekly round-ups are clearly the thing, as illustrated by both this very news story and the weekly Brexit briefing from the Guardian – a great way to keep up with all the EU-related machinations.
Submissions are now open for the 2019 Future Legal Mind Award essay competition run by National Accident Helpline.
International firm Herbert Smith Freehills LLP has increased its newly qualified (NQ) lawyer salaries by 14% to £120,000 plus bonus, effective from July 2022, despite the NQ salary war potentially slowing down.
Global law firm Reed Smith has launched a new programme, Wellness Works, to support the wellbeing of its employees.
After a long and acrimonious battle, both in and out of court, the High Court has ordered the publisher of the 'Solicitors from Hell' website, Rick Kordowski, to remove entirely the site from the Internet.
Olympic rowing gold medallist Katherine Grainger CBE will be joining 6,000 members of the legal profession for next month’s London Legal Walk to raise money for the free legal advice sector.
The Ministry of Justice’s approach to cutting legal aid has been criticised by one of its own consultants.
City firms are saving money on office costs by moving large numbers of staff to regional offices, a report by the legal consultancy Jomati has revealed.
The government's legal aid bill has suffered a third defeat in the House of Lords.
As reported in Legal Week, it has come to light that Berwin Leighton Paisner partner Graham Shear has launched a breach of privacy claim against the News of the World for phone hacking.
Ahead of new Legal Services Board regulations that will require the publication of diversity data next year, Shearman and Sterling has released its diversity stats – the first US firm in London to do so.
Access to legal aid in civil disputes looks set to be widened slightly thanks to an offer by the Ministry of Justice to provide greater flexibility over the scope of provision.
Norwich-based firm Leathes Prior is planning the first football-related alternative business structure (ABS).
Entries have opened for The National Paralegal Awards, which set out to find the best paralegals in the UK and businesses that support the industry.
