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McGrigors City real estate jobs under threat

Author: Claire Ruckin

30 May 2008 | 16:39

Scottish giant McGrigors is set to make cuts in its London office with nine jobs at risk in the office as a result of the property slowdown.

The firm is in the process of a redundancy consultation that looks set to affect four fee earners and three secretaries in the real estate team and a further two secretaries in the banking department.

The firm said there was no risk of redundancies in other offices.

A spokesperson said: "After careful review, we regret to confirm that we are in consultation with four of our fee earners and three secretaries who are at risk of redundancy within the real estate team.

"In addition, two secretaries are at risk of redundancy within the banking team. This is a direct result of the difficult conditions of the property market, which at this time show no signs of abating."

In addition, the firm is planning to discontinue its lunch voucher scheme from October after four years. The scheme was carried over from the firm's merger with K-Legal in London, which initially had a dedicated canteen.

McGrigors' London office has 199 staff including fee earners and support staff.

News of the redundancies follows similar announcements from other firms such as Bevan Brittan, Halliwells, Challinors and TLT, which have all recently announced redundancy consultations.

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