About 100 jobs are set to go, with a large proportion in Birmingham, after international law firm Eversheds announced it would be outsourcing services abroad to cut costs.
The company, which has a large office in Birmingham on Colmore Row, plans to make 100 redundancies by offshoring hobs in human resources, administration and finance to India. The jobs set to go are mainly spread across Eversheds offices in Birmingham, Cardiff and Leeds.
It is the second time in 12 months the company has cut jobs. Last year an outsourcing move to South Africa saw 95 secretarial roles cut from the company.
Eversheds managing partner Lee Ranson said: “It’s important that any major law firm continues to adapt in line with changes in both our sector and the wider marketplace.
“We’ve worked over the last eight months to look at how best to deliver some of our HR and finance functions. This proposal would enable us to put in place a cost efficient, innovative and robust solution, which safeguards quality and enhances client service.
“It’s always regrettable when potential redundancies are a part of such a process and we will of course be consulting with all those members of staff who may be affected by this announcement.
While the company cut non-legal jobs, profits for partners continued to rise. The company’s PEP (profit per equity partner) – the figure used by lawyers as a measure of success – rose 28 per cent in the last year from £404,000 to £517,000.