find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Property lawyer - Melbourne
Category: Property Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Impressive client list, national firm · Well-led and high-performing team
View details
Senior family lawyer - Melbourne
Category: Family Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Outstanding national firm · High-calibre family law team
View details
Mallesons announces redundancies

Mallesons announces redundancies

Mallesons Stephen Jaques has today announced a voluntary redundancy program.

MALLESONS Stephen Jaques has today announced a voluntary redundancy program. 


In a letter to all Mallesons staff today, chief executive partner, Robert Milliner, said "this step is not taken lightly", and that it follows a board meeting earlier this month to review the firm's forecast for the next 24 months. 


"During this meeting, there were detailed discussions about the available options to best address the matching of workflow trends with the firm’s capability and capacity and a decision was taken to offer voluntary redundancies in August 2009."


The program is open across all offices, Milliner said, and to permanent employees only. The firm expects to accept voluntary redundancies for about 100 members of staff, or about 5 per cent of the workforce. 


The firm is not disclosing which positions are ultimately accepted for a voluntary redundancy, and Milliner noted that not everyone who puts their hand up for redundancy will have it accepted. 


The move is a "responsible approach" to balance the firms workflows and the number of lawyers and support staff, Milliner said, speaking on behalf of all partners. 


"It will help ensure that the firm is well positioned to adapt to the difficult market conditions ahead.

Offering a Voluntary Redundancy Program is consistent with the practices of a number of major professional services firms in the market and many of our clients," he said. 


The firm and its partners have already worked to avoid the inevitable, Milliner said. 


"To date, we have undertaken a number of initiatives to manage lower work levels with the same number of lawyers, including reducing annual leave balances, encouraging more staff to take up 48/52 swap pay for leave and increasing secondments and internal transfers. While we have had a positive response to these initiatives, more now needs to be done, given that the downturn is expected to continue well into 2010/11," he said. 


Milliner said that work is not evenly spread over all practice areas and centres and the economic outlook, "despite contradictory reports, is set to remain subdued with flatter conditions in the legal market". 


"In these circumstances, even the strongest firms in the marketplace must adapt themselves.

We are no different," he said. 


Milliner noted that the news will be "unsettling" for some of the employees, as well as a challenging time for some practice teams and centres. 



Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Mallesons announces redundancies
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Warning
Aug 23 2017
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Unite
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...