Pannone to cut 16 jobs in second redundancy round this year

Pannone is to make its second round of redundancies this year, with up to 16 jobs set to be cut.

The jobs affected include fee-earning roles in the northwest firm’s corporate services, dispute resolution and regulatory teams, as well as support roles in the firm’s finance practice.

In a statement, managing partner Emma Holt (pictured) said: “Pannone has undertaken a strategic review of the business in order to re-shape our teams to meet client demands and embrace the evolving legal market.”

She said the redundancies were regrettable, but said it was “essential that our teams continue to be as efficient as possible, and we that we invest in the relevant skills and resources identified in our strategic review”.

“Pannone is focusing on a number of specialist areas where we have considerable expertise and a strong reputation,” added Holt. “We see the opportunity to build on our success in the areas of IP, IT and e-commerce, partnerships and projects and will be actively recruiting experienced lawyers in these fields.”

In January Pannone announced it would be closing offices in Hale in Greater Manchester and Alderley Edge in Cheshire, resulting in the loss of up to 12 fee-earning and secretarial roles.

At the time, Holt said the move had been taken to enhance the firm’s national reputation, “achieved by moving away from small local offices to expanding our presence in London”.

The northwest-headquartered firm launched its London office in 2010 with the hire of Zia Ullah and Sara Teasdale to establish a crime, fraud and regulatory practice.