International firm Reed Smith has cut 19 jobs in its London office following a ‘targeted redundancy consultation’.
Some 13 lawyers and six professional staff have lost their jobs. According to the firm, eight of these redundancies are voluntary.
A Reed Smith spokesperson said: ‘Like all well-run businesses, during the normal course of managing the firm we continually evaluate the size and shape of our global organisation to ensure that it matches the needs of our clients. Their requirements have evolved as a result of the pandemic and unfortunately this has led to a small number of redundancies.’
Several City firms have announced redundancy rounds in recent months in the wake of coronavirus. In July, Freeths announced that up to 80 jobs could be lost, while Irwin Mitchell warned that 110 roles are at risk as the business prepares to emerge from lockdown.
Meanwhile, international firm Bryan Cave Leighton Paisner is to lay off around 40 employees and to close its Beijing office.