The fallout from the recent axe-wielding across the City has started, with a bunch of former Linklaters' employees rumoured to be suing the firm.
An insider has told RollOnFriday that around nine former employees are about to take action against Linklaters. One has already commenced action against the firm. An unspecified number of partners who were shown the door are apparently also putting up a fight. Linklaters got a lot of stick for the circumstances surrounding its redundancy programme - staff found out from the press rather than the partners, and they were less than delighted by the firm's head of banking ungraciously ordering them to pull their fingers out of their arses and carry on slogging regardless.