has offered voluntary retirement to hundreds of its business-services staff in the US, a day after it confirmed cuts and transfers of support staff roles in London.
The global firm confirmed on Tuesday that around 400 support staff members, who have been with the firm for at least five years, were offered voluntary retirement, according to Legal Week
and The Lawyer
The news came just a day after the firm confirmed that it will be transferring or cutting about 78 business services roles and 12 legal support roles in London as part of a restructuring of its UK operations.
The firm said that roles that will be transferred, which it expects to the “vast majority” of the approximately 90 roles considered in the restructuring, will be moved to its business-services hubs in Birmingham in England and in Johannesburg in South Africa.
Hogan Lovells expects that around 20 to 40 of support staff offered voluntary retirement will accept the offer. The offers have “enhanced terms,” the firm said.
The global firm also said that the offer was made after it received numerous requests for early retirement from its support staff.
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