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Focus on COP26: The future of affordable living

The hosting of COP26 in Glasgow this year shines a spotlight on the UK in relation to sustainability performance, applying more pressure on organisations to demonstrate their green credentials and to encourage the development and usage of sustainable technologies in the race to net zero.

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bonus money

The Covid Files: How the Top 50 firms are managing…bonuses

The Covid-19 pandemic has forced firms to examine whether their cash position is strong enough to withstand a sudden economic downturn. The Lawyer contacted the UK Top 50 firms to understand how firms are adjusting financial management in response to the Covid-19 pandemic. In this series, we reveal how the market is managing the ongoing […]

CC

Clifford Chance reduces global bonus pot in latest Covid-19 cut

Clifford Chance is reducing the firm’s global bonus pot as part of its latest response to the Covid-19 crisis. The firm declined to comment on how much the bonus pot will be reduced by, however, The Lawyer understands that, the reduction will not be more than 20 per cent. This is the latest measure to […]

Shane Gleghorn, Taylor Wessing

Taylor Wessing opts to split bonuses after reviewing Covid-19 measures

Taylor Wessing is joining the rank of firms that have decided to split their bonuses this year instead of awarding a lump-sum payment. The firm has notified associates that bonuses will be divided into two different installments, with one half provided in July and the remaining fifty per cent given out in November. The firm […]

Bird & Bird

Bird & Bird halts pay reviews and splits bonuses

Bird & Bird has put salary reviews on hold, in the latest set of measures to contain the effects of coronavirus on its business flow. While reviews have been halted, the firm will reconsider them later in the year. In addition, management has decided to split its bonuses in half, awarding a first installment in […]

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