Despite the fact that firm Pinsent Masons announced a 1 percent rise in last year’s financial year, the firm is planning redundancy talks.  Managing partner, David Ryan, says that the firm has tried everything possible to avoid layoffs, but they are inevitable.  But layoffs are only one of the 7 point plan.  Pinsent will push for employees to take on part-time commitments, sabbaticals, and pay freezes.   The firm hopes to cut costs everywhere possible, increase staff deployment between offices, and increase client secondments.  

Source:  www.thelawyer.com