London’s Charles Russell has targeted an undisclosed number of employees for redundancy, despite higher-than-expected billings.
Laid off staff will be expected to work during their notice period, and will get only the statutory minimum redundancy pay.
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Charles Russell LLP is a top 50 City of London legal practice formed by the merger of three long established firms, with offices in Guildford, Cheltenham, Cambridge, and Oxford; Geneva, Switzerland and The Kingdom of Bahrain. It employs over 300 lawyers.