Wednesday, Mar 18, 2009
Things must be bad for the lawyers to consider working a 4 day week
Law.com: London's Norton Rose Explores Reduced Work Hours as Layoff Preventative
Alan Jarvis, head of employment, pensions and benefits at Denton Wilde Sapte commented: "This is the first time in recent memory that a firm has introduced a four-day working week. There can be continuity issues for certain areas of work, both because of the nature of the work and the fact that clients are still working a five-day week. There are advantages but also difficulties."
No bailouts here gov!
Posted by techieman @ 11:17 PM (447 views) Add Comment
2 Comments
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1. paul said...
This happened with my last employer.
For knowledge industry businesses the worry basically is that once they let go of these people, the business is effectively dead in the water when things pick up again.
An awful lot of bad decisions tend to be made during times of crisis, especially by freaked out management.
2. need-a-crash said...
Big Law firms and Accountancy firms all laid off people during the 2001 dot.com crisis and then found they were short of staff when the economy quickly recovered.
This time round they're worried about the same thing happening, except of course this crisis is far more serious than the dot.com crisis so they probably should just make people redundant. Watch out for these "temporary" measures becoming permanent redundancies by next year.