News In Focus
Tayside solicitors announce redundancies
Thorntons Solicitors is considering compulsory redundancies for between 40 and 50 of its full time posts.
The firm will be initially seeking volunteers for redundancies and consultations will last until mid-February, when the firm will make a final decision. Thorntons employs more than 350 people in offices in Dundee, Perth, Arbroath, Forfar and Edinburgh and the job cuts are likely to affect all areas of the business.
Nick Barclay, the firm’s managing partner, said Thorntons, in common with other legal firms, had experienced unprecedented market conditions, which had made it very difficult for the business.
The firm had attempted to keep staff fully advised and had adopted a very cautious approach to the management of the business including freezing recruitment, reducing overtime, having staff voluntarily reduce their hours and adopting strict cost controls. Mr Barclay added that redundancy was a last resort and he thanked employees for their tremendous support in what had been very difficult times.
Tayside firm Blackadders and north east-based Aberdein Considine & Co have announced redundancies on a similar scale since the downturn began.