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Every cloud...

11 June 2009 / Simon Young
Issue: 7373 / Categories: Features , Employment
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Savvy firms will benefit from the recession blues, says Simon Young

Many law firms will have had difficult times over the last year or so in dealing with over-staffing issues and the conduct of redundancy programmes. In a profession where often working lives are spent in one firm only, and there are ties of loyalty both up and down, this has often been traumatic.

The depth of feeling against firms which have had to take these steps can be seen by the various blogs, and comments posted against the newswires declaring each latest batch of bad news. Ironically, these have often focused on the methods adopted by management, even where the necessity for cuts has been admitted. So, how can it possibly be suggested that there may be plus points resulting from these moves, as they move forward into post-recovery trading times?

The truth

The honest if unpalatable truth is that for some firms the clearances were a godsend, and offered a chance to take tough management decisions which otherwise would never have been made, as it would just have created too much trouble. In

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MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

Law school partners with charity to give free assistance to litigants in need

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

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