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Firm
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Redundancies
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Graduate arrangements
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Other measures taken
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Voluntary redundancy package offered, including up to one year's pay for long-serving staff. No redundancy targets in terms of numbers, positions or specific roles
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77 grads starting in March, will keep hiring same number for next two years
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Firm-wide salary freeze effective from 1 July, profit share for partners is expected to drop, flexible working arrangements, purchased annual leave, career breaks
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93 (27 lawyers and 66 support staff)
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| Clayton Utz |
A number of redundancies (uncertain how many)
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Firm-wide salary freeze effective from week ending on 15 May 2009, bonuses for strong staff performance
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Delayed start date for 09 recruits from February to April, A$2,300 paid in compensation. 53 graduates so far – up from 49 in 2008.
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15 property and banking & finance, lawyers
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43 graduates (same as last year)
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Continue to invest in pro-bono and sustainability initiatives, such as reducing greenhouse gas emissions 2008 levels by 22%
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12 Australian and Kiwi lawyers
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43 graduates in Australia and New Zealand – down from 66 in 2008
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Firm has no plans for retrenchments due to significant investment into recruiting staff
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116 graduates – up from 103 in 2008
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Firm-wide salary freeze effective since 20 March to remain in place into new financial year, partners advised to expect a drop in income due to forecasted drop in the firm's profitability, cancelled annual national partners' conference, offered career breaks, flexible hours and purchased leave. If firm's profit does not fall in 2010 'upside' will be shared with colleagues in an "equitable way"
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“Two or three” redundancies in Brisbane and Melbourne offices
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Nine across Sydney, Melbourne and Brisbane offices (up from seven in 2008)
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Flexible arrangements, staff leave, reduced spending on social events and catering. Use downtime for precedent generation /updates, knowledge management and training
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Hicksons Lawyers
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Eight staff from across the firm made redundant
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17 staff (six lawyers, three property paralegals, three graduates, six personal assistants)
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16 graduates
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Three (two commercial senior associates, one junior commercial lawyer)
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Annual graduate intake down from seven to four
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Sub let surplus office space to reduce rent by A$250,000 annually, saved A$120,000 by reducing use of external consultants, saved A$80,000 per year on other operational expenses
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Four graduates in Sydney and 24 seasonal clerks in Melbourne (slightly more than last year)
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Flexible work options, such as a nine-day fortnight or four-day week and job sharing, partners have reduced profit expectations, more than A$1m saved from cut discretionary spending on taxi fares, stationery, catering, subscriptions, use of external consultants, etc.
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35 (11 legal and 24 support staff)
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Staff reductions have not affected graduate program.
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Rigorous cost reduction program implemented, with the objective of minimising staffing reductions
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24 (five non-legal and 19 legal) in Adelaide and Sydney
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Deferred our 2009 graduate intake to 2010
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| Tresscox Lawyers |
Redundancies rumoured to have affected more than one dozen staff, largely M&A junior lawyers |
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