Dewey latest: no guarantee of London associate pay after 31 May

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  • Perhaps they should have taken that offer from a Chinese firm...

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  • Good luck to the poor trainees, can't see the SRA doing much to help them..!!

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  • So what happens to all the staff's notice periods which presumably in line with other firms run from 1 month - 3 months? The firm just forgets about them?

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  • If the firm cannot guarantee payment after the end of this month, then it risks being in breach of contract towards its employees, who will be entitled to walk and bring claims for wrongful dismissal. Restrictive covenants may well be unenforceable in such circumstances.

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  • Trainees and those who were expecting to become trainees have now learnt to trust no-one. What trust can future clients have in those who have scuttled away?

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  • I don't hold up much hope for anyone bringing breach of contract claims against a firm that is in administration or has simply ceased to exist.

    How though are partners still taking drawings at this time if the firm is not solvent (i.e.unable to pay its debts etc which include salary and notice payments under employee contracts) which this news item certainly suggests it is.

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  • So the partners, from the safety of their respective lifeboats, urge the remaining steerage class passengers to stay calm, await rescue and have a game of quoits or something. Riiiiight......

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  • If the firm doesn't have the money to pay its creditors, then .... it doesn't have the money to pay its creditors (including staff).

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  • I shouldn't imagine that enforcing restrictive covenants will be at the top of D&L's agenda at the moment.

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  • To: Anon | 8-May-2012 3:32 pm

    Good point, but I think King & Wood Mallesons is already a full house.

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  • Question is....which firm is next? It will happen....

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  • What about the support staff? Who cares about them?

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  • @ Soothsayer | 9-May-2012 8:28 am - My money is on a firm with a name starting with the letter "S", or one starting with the letter "H". Can't say any more!

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  • YAHTZEEEE!

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