DLA Phillips Fox has confirmed that 20 lawyers and 26 support staff were made redundant this week.
This is the firm's second round of cuts, with 12 lawyers - largely from the firm's New Zealand offices - having been shown the door in November last year.
In a statement released Friday, the firm's CEO, Tony Crawford said: "the decision to retrench staff has not been taken lightly and the firm has done everything it could to minimise the impact on staff affected. Ultimately, however, the ongoing fall-off in marketplace activity means we need to act in a way that is both strategically and commercially sensible."
Crawford also confirmed that the firm was introducing a flexible working initiative which will involves staff agreeing to work reduced hours for a proportionate salary sacrifice. The scheme will come into effect in July, with staff being asked to sign on for a 12-month period.
The initiative is designed to enable the firm to retain staff in practice areas in which work flows have slowed as a result of the economic downturn but that have a reasonable expectation that work volumes will pick up in the medium term.