Coronavirus – A further update from our CEO
I recently explained the steps we had taken to ensure the well-being of our staff and clients and to ensure we can provide legal support during the national lockdown. As a result of the hard work of our operations and support teams, the flexibility of our fee earners, and the patience and goodwill of our clients, Coffin Mew is now operating as a fully distributed law firm offering a full range of legal services.
The forthcoming economic slowdown
Like all businesses, we have been following closely the forecasts for the economic impact of the coronavirus pandemic. We have also been talking with clients as to their likely support needs over the coming 3 to 6 months. Our Employment, Dispute Resolution and Insolvency, and Private Client teams remain busy helping clients. But it is now inescapable that there will be a significant slowdown across many sectors including real estate, corporate and commercial, and residential conveyancing.
The partners and directors at Coffin Mew have been working hard to find a way forward for our firm during this very challenging period. Whilst there are no perfect answers, we remain committed to our vision of bringing together the best people and technology to deliver great results to every client. We believe we already have the best people and our focus must therefore now be to protect them as best we can.
Temporary furlough of some members of staff
Following a consultation, from Monday 6 April 2020, a number of fee earners, support staff and administration staff in teams affected by the slowdown will be furloughed for an initial period of two months. We will continue to pay them 80% of their usual salary and benefits and this will not be subject to the monthly cap on the Government’s support package. We are not planning any redundancies at this time and will do whatever we can to avoid that eventuality in the future.
Our partners and a core group of specialist lawyers will now take on all work in the affected teams and we remain available to talk directly with clients and contacts via Zoom, FaceTime and WhatsApp. We will work flat out to ensure continuity of services to clients who still need support in the sectors affected by slowdown. We will look forward to the day we can welcome back all our furloughed colleagues.
Partners will be contacting clients individually over the next few days to explain in more detail the arrangements for continuity of all our services and to confirm which staff members are on temporary furlough leave and any changes to your contact at our firm during this period.
Find further information on our coronavirus hub.