A week after King & Wood Mallesons’ European arm finally filed for administration last Tuesday (17 January), details of just what went wrong are continuing to emerge.
With virtually all partners finding new homes for themselves and their associates over the last few months, it was always going to be support staff who suffered, and this was confirmed last week with news of several hundred redundancies.
While the redundancies were inevitable, the timing was unfortunate – coinciding with news that CMS Cameron McKenna, Nabarro and Olswang have put all of their support staff on notice of redundancy this month ahead of their three-way merger in May.
Coming on top of news earlier this month that Freshfields has offered nearly 200 secretaries voluntary redundancy, it is a bad time to be looking for a back office job at a law firm in London right now.
Here’s the best of the rest of Legal Week over the last seven days:
This article discusses developments in BVI law, including enforcing share security without a court order, BVI Court rulings, Iran and Italy; and expectations for 2017. Download
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