City elite refuse to rule out pay band freeze

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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39 Essex Street joins CEDR mediation drive

Chambers 39 Essex Street is to join with the Centre for Effective Dispute Resolution (CEDR) to help it promote mediation as opposed to ­litigation. The not-for-profit organisation counts ­Clifford Chance, Freshfields Bruckhaus Deringer and Herbert Smith among its supporters. Chambers director Michael Meeson said it was a ­“natural move to show our leadership and continuing […]

Ken Baird: Freshfields Bruckhaus Deringer

What’s on your iPod at the moment? Nothing – it got wet. What was your first-ever job? Sub-lieutenant in the Royal Naval Reserve. What was your worst experience as a trainee? Being chewed out by a Glasgow Sheriff for not wearing a court gown. Where’s the best place to go if you want to find […]

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Freshfields cuts associate pay bands

Magic circle firm Freshfields Bruckhaus Deringer is reversing its associate salary bands with all associates set to receive the same level of pay from May, despite gaining a year in post qualification experience. As a result of the changes, the salary paid to newly-qualified (NQ) solicitors will drop from £66,000 to £59,000. Associates with one […]

Baker Botts breaks $600m with year-end results

Baker Botts has reported a 6.16 per cent increase in global revenue for the past financial year. The Texas-headquartered firm grew revenue from $577.7m in 2007 up to $613.3m in 2008. Baker Botts also grew average profit per equity partner (PEP) by 4.6 per cent from $1.3m up to $1.36m in 2008. The past year […]

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Diamond in the rough

11.18amHarassment in the workplace generally brings up images of executives patting secretaries on the bottom while walking into a meeting room. And if any legal dispute comes of it, then the employment litigation lawyers get to work. 11 February, 11.18am Harassment in the workplace generally brings up images of executives patting secretaries on the bottom […]

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