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Pinsent To Cut 40 Support Jobs
As we all know, Law can be an unforgiving mistress. Mergers may be a fantastic way for a firm to globalise, strengthen their position or gain particular expertise in a specialism or sector. What is not often reported is the fall-out from the merger. Today, it was announced that Pinsent are set to cut 40 UK based support jobs due to their merger with Scottish firm Macgrigors leading to duplicate jobs.
'In a statement, a spokesman for Pinsent Masons said: “The merger between Pinsent Masons and McGrigors created a firm with over 2,500 people across the UK, the Gulf and Asia Pacific. Since the merger, the firm has embarked on an exercise to review existing support structures and consider what changes would be needed to provide the highest level of support to the combined business.
“Unfortunately, as with any merger, there are a number of duplicate roles within our support teams and as such we’ve identified a small number of potential redundancies in those areas.
“It’s expected that around 40 people from both legacy firms across the UK will be affected. We’ll be entering a redundancy consultation process with those affected and anticipate that this will be complete by the end of July. No fee-earner role is at risk.'
Down And Out In Upalong - Good Pinsent Keelor
Wonderful.