Rescued Manchester firm Linder Myers has begun a consultation with staff on redundancies across the practice.
Chief executive Tony Stockdale today confirmed that the firm will look at cutting staff over the next month.
It is understood that dozens of jobs could be at risk, although a spokeswoman for the firm denied reports that as many as 50 posts could go.
Linder Myers was saved earlier this year following a takeover by legal business adviser Assure Law and seven-figure investment from Assure Law Finance.
Stockdale said: ‘As a result of the recent deal between Assure Law and Linder Myers, a thorough review of the size and shape of the business has been undertaken.
‘The outcome of this is that a number of fee-earning and support roles have entered into a 30-day period of consultation which is likely to result in a number of positions being made redundant.’
The firm had been keen to stress when the takeover deal was agreed in March that 300 jobs had been saved as a result.
Stockdale told the Gazette in April there were no immediate plans for redundancies, although he stressed that could change after a review of the business.
Linder Myers filed notice of its intention to appoint administrators in February, citing ‘very difficult’ trading conditions.
The firm, with 51 partners and offices in Manchester, Lancashire, Shropshire and Chester, expanded rapidly through mergers in recent years.
It posted turnover of £18.7m for the year ending 30 November 2013, ranking it just outside the top 100.