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Herbert Smith, which announced in April a redundancy consultation at its London HQ, targeting 84 positions, will not need to lay anyone off after all, after 84 staff members signed on for voluntary redundancy or alternative working arrangements.
The firm offered staffers 3.5 weeks salary per year of service to leave the firm.
Herbert Smith was founded in the City of London in 1882 by Norman Herbert Smith, and today has 230 partners and 1,200 fee-earners. It is widely considered to be the UK’s leading litigation practice.
