03 July 2013

Direct Line wields axe over legal team

Leading UK insurance group Direct Line is preparing to make 'sizeable' cuts to its legal department as part of a larger plan which may see 2,000 of the group's staff made redundant.

By James Barnes

Cuts to be made at Direct Line Wikimedia/Pafcool2

Legal Week reports that the Kent-based company confirmed the cuts last week as part of a major restructure following Royal Bank of Scotland (RBS) releasing control of the insurer earlier this year.
A spokesperson added that a large proportion of the cuts would be made at the company’s head office, meaning the legal team ‘would definitely be impacted by sizeable cuts’.
The company’s legal department currently has a headcount of around 40 staff, including 27 lawyers, overseen by general counsel Humphrey Tomlinson.

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