Exclusive - up to 36 redundancies at Ince

Ince & Co is launching a restructuring programme that is anticipated to lead to between 32 and 36 redundancies.

Both fee earners and business services will be hit. A spokesman said that the firm was performing strongly and this was simply intended to ensure that it was in the right shape in the right locations. In a statement Andrew Jameson, Head of Ince & Co’s London office and Global HR Director, said:

“We have a highly successful business and continue to be recognised for the quality of our people and clients in the sectors and geographies in which we operate. However, like all businesses we need to adapt to ever-changing market conditions by ensuring that we have the right people doing the right job in the right location. While the proposed changes that we are making are for the good of our business and the ongoing success of our firm, we recognise that this will be unsettling for our people, who we will be fully supporting during this difficult period.”

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Comments

Oh dear. Firm struggling to compete in depressed shipping sector. Ince has been left behind by Clydes in the insurance stakes, and it’s more profitable energy team was recently hollowed out by a three partner move to K&L Gates. Feel sorry for the business services staff especially, usually the ones to bear the brunt of restructuring, and it’s only a few years since the last such ‘adjustments’. At least associates in the firing line so semblance of fairness. Where’s that merger gone?