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Minter Ellison Redundancies; Dozens Sacked After Pay Freeze
Posted by The Spy | Posted in Firm Gossip, GFC Redundancies, Minter Ellison | Posted on 7.34pm
It has emerged that Minter Ellison has sacked dozens of lawyers and support staff mere weeks after implementing a
As noted in the Financial Review:
the lawyers range from senior associates to juniors in the property, construction and finance practice areas.
The chief executive John Weber claims that no graduate roles were affected and there were no plans for further redundancies.
This is the second wave of redundancies at Minter Ellison, making it the first national Australian law firm to freeze pay and sack workers in separate waves of redundancies. Minters also evidently took the knife to the firm Christmas budget.
After sacking workers, freezing pay and implementing budget cutbacks, is there much left for Minters to do in order to respond to the GFC?
Will partners simply need to adapt to earning less money?
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