Addleshaw Goddard is set to cut up to 24 fee earners as the firm announces that partner profits for 2011-12 have risen by 37% to £450,000. The firm said the redundancy round is intended to rebalance a "top-heavy fee earner structure", as low natural attrition has seen the number of senior fee earners climb disproportionately while overall lawyer headcount has fallen.
June 21, 2012 at 06:20 AM
1 minute read
The original version of this story was published on Legalweek
Addleshaw Goddard is set to cut up to 24 fee earners as the firm announces that partner profits for 2011-12 have risen by 37% to £450,000.
The firm said the redundancy round is intended to rebalance a “top-heavy fee earner structure”, as low natural attrition has seen the number of senior fee earners climb disproportionately while overall lawyer headcount has fallen.
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