Maclay Murray & Spens is making around 30 staff redundant, just two weeks after losing its HR Director.
Frankly it seems that the firm has had a bit of a nightmare recently. Partners have been fleeing in droves (eight have jumped ship in the last few months, out of a partnership of around 60), and last year saw redundancies, a failed merger with Bond Pearce and targets being increased while pay was frozen. And sources are now saying that around 20 fee earners and ten secretaries are for the chop.
Not that it's clear who will be wielding the axe, as the firm has also lost its HR Director. Apparently she left with no notice two weeks ago, with her departure announced by an email at 5pm on Friday. As one insider says, "dire times and woeful morale levels".
As ever the firm calmly defused the situation by refusing to comment.
Tip Off ROF
Frankly it seems that the firm has had a bit of a nightmare recently. Partners have been fleeing in droves (eight have jumped ship in the last few months, out of a partnership of around 60), and last year saw redundancies, a failed merger with Bond Pearce and targets being increased while pay was frozen. And sources are now saying that around 20 fee earners and ten secretaries are for the chop.
Not that it's clear who will be wielding the axe, as the firm has also lost its HR Director. Apparently she left with no notice two weeks ago, with her departure announced by an email at 5pm on Friday. As one insider says, "dire times and woeful morale levels".
MMS yesterday |
As ever the firm calmly defused the situation by refusing to comment.
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