International firm Clyde & Co has vacated part of its London office in a move to ‘hybrid’ working, where staff can work from home up to three days a week.
After consulting with partners and employees, the firm is to give up its space in Beaufort House in the City of London. It will move all of its London staff into the neighbouring St Botolph Building from 1 May 2021.
Clyde & Co said it intends to introduce a hybrid working model once lockdown is eased, with most people working from the office for a minimum of two days a week. Once the move is complete, London teams will initially use the space booking system introduced when offices were reopened in the summer of 2020, with teams sat in ‘neighbourhoods’ and with Covid-safety measures in place.
Rob Hill, partner and chair of Clyde & Co’s UK board, said: ‘Remote working for a long period under the spectre of the pandemic has not been easy for anyone, but it has brought with it many benefits too, many of which our people have consistently told us they value highly. We also know that people miss working together in a physical office space and as a firm we are keen to maintain the very many benefits that face to face interactions and collaboration brings to us and our clients. We think our hybrid working model will allow for the best of both.’
Hill added that the move will allow the firm to invest in the existing St Botolph office and ‘create a space that meets our longer-term needs’.
In November, Clyde & Co began several redundancy consultations among its UK staff, with over 50 jobs placed at risk. Around 40 secretarial roles out of a total of 235 were under review, and a further 12 redundancies are planned, with two fee earners potentially affected.
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