Financial flashback

Griffiths, Catrin; Hoare, Steve
March 2009
Lawyer;3/2/2009, Vol. 23 Issue 9, p14
Trade Publication
The article reports on the move of several law firms to layoff some of its staff in Great Britain. Since January 2009, Clifford Chance LLP, Linklaters and Allen & Overy (A&O) have begun to retrench their employees. Industry experts said that to axe the firms' partners is the immediate reaction to the recession because the business cost is almost driven by people.


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