The firm is in talks with a number of City fee earners in its technology, media and commercial (TMC) group over job cuts, while further discussions could also see the group’s secretary pool affected. It is understood that five fee earners have been affected so far.
The consultation comes as part of a wider review of costs across the firm and it is thought that other practice areas will also come under review.
In a statement, TMC joint global head Simon Levine said: "The uncertain market conditions have affected some parts of our
The downturn has particularly affected a number of firms in the regions, with firms including Bevan Brittan, Dickinson Dees and Shoosmiths previously launching redundancy programmes.
See Editor's Blog: Welcome to The Cadwalader Effect