Law firm Linder Myers set to cut jobs
LINDER Myers, the North West law firm rescued from the brink of adminstration this year, has placed a number of fee earners and support staff at risk of redundancy.
The Manchester headquartered practice declined to comment on specific numbers involved, but TheBusinessDesk.com understands it is around 50.
In a statement Tony Stockdale, who led the investment deal on behalf of Assure Law and is now Linder Myers’ chief executive 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. We can make no further comment at this stage.”
Assure Law’s solvent turnaround deal, completed in late March, saw creditors agree a debt restructuring package alongside investment from Assure’s sister company Assure Finance.
Linder Myers has offices in Preston, Chester, Lytham and Shrewsbury and at the time of the investment employed more than 300 people including 51 partners.
Prior to running into financial trouble at the start of this year Linder Myers had expanded by bolting-on a number of smaller firms including pre-pack acquisitions of Manchester firn Rowlands Field Cunningham and Dickson Haslam of Lancashire. Several profitable practices were acquired too including Drummonds, Senior Calveley and Turnbull Garrard.
