DWF closes 3 Aussie shopfronts
By Emma Ryan|09 March 2021
Despite acknowledging the impact to future revenue, DWF has confirmed its plans to cease operations of three of its Australian offices.
The global provider of integrated legal and business services has issued a statement to the market, noting that it would conduct an “orderly closure” of its operations based in Melbourne, Sydney and Newcastle. DWF’s Brisbane office, along with the group’s Connected Services operations in Sydney, Melbourne and Brisbane will be retained.
The impact will be felt among current employees, with DWF anticipating the three office closures to result in 85 employees and 14 principal lawyers, who are partner equivalents, leaving the business.
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About the Company DWF is a global provider of integrated legal and business services provided through its three offerings of Legal Advisory, Mindcrest and Connected Services, operating from 31 key locations with over 4,000 people. The Company became the first Main Market Premium Listed legal business on the London Stock Exchange in March 2019. DWF recorded revenue of £297.2 million in the year ended 30 April 2020. For more information visit: dwfgroup.com In January, the Group announced a new internal operating structure which it believes will support its aim of becoming the leading global provider of integrated legal and business services. Effective from 1 May, DWF will move from its existing four divisions (Commercial Services, Insurance Services, International and Connected Services) into three more streamlined and efficient global divisions of Legal Advisory, Mindcrest and Connected Services.
Legal and business services provider DWF has outlined plans to rationalise its Legal Advisory operations in Australia in a move which is set to result in approximately 85 employees and 14 partners leaving the firm.
Mon, 8th Mar 2021 15:50
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
AfriTin Mining Ltd - tin miner with asset in Namibia - For the financial year ended February 29, tin concentrate production totalled 473 tonnes. For the fourth quarter, output reaches 194.5 tonnes, up 28% from the third quarter s figure of 151.4 tonnes, and also beating the 180 tonnes production target. After reaching nameplate capacity in November 2020, the team at AfriTin continues to optimise and develop our flagship asset, the Uis Tin Mine. We are delighted to release our first quarterly production update and demonstrate that the company is operating 108% beyond our production targets for Stage I, says Chief Executive Officer Anthony Viljoen.