Similarly Berwin Leighton Paisner is making 58 lawyers redundant in a voluntary scheme, according to Legal Week. The firms - along with Weil Gotshal in the US - are the latest in a long list of firms to be reducing the payroll list in some of their departments. As with Eversheds, the loss of personnel can easily be accompanied by rising revenues. Despite the partner losses, Eversheds told The Lawyer that its overall partner count has risen.
Income generation
Firms are quicker in the current economic conditions to chop off parts of their business which are not meeting the income generation required of them. Many firms - such as Berwin Leighton Paisner - are also working hard to make the redundancies in a voluntary manner. In this wave of lay-offs, which also involved 44 secretaries, 84 per cent of the people involved had volunteered.
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