HR survey: Burges Salmon

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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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HR survey: Taylor Wessing

HR head Jonathan Croucher. Trainee retention 66 per cent. Assistant attrition rate12 per cent. Salary rangeNQ – £48,000-£105,000. BonusesNone. TrainingRegular workshops and internal training sessions covering black letter law. AppraisalsThere is an annual appraisal system for assistants, but no upward review of partners. Assistants can make their views known through the firm’s mentoring scheme, staff […]

HR survey: Herbert Smith

HR headJohn Lucy. Trainee retention rate85 per cent. Assistant attrition rate19.75 per cent. SalariesNQ – £50,000;6PQE: £62,000-£90,000. BonusesOffered annually on hitting chargeable hours target. Value range 5 to 20 per cent. TrainingContinuing professional development sessions, development centre, in-house training courses. AppraisalsAppraisals are 360°. An assistants’ discussion group of elected assistants has recently been established, chaired […]

HR survey: Olswang

HR headHelen Turnbull. Trainee retention rate78 per cent. Assistant attrition rate21 per cent. Salary rangeNQ – £46,000;6PQE – £66,700-£92,000. BonusesAnnual bonuses based on profitability of the firm, personal non-financial performance and personal financial performance. Valued at up to 20 per cent of basic salary. Training Internal and external training provided. AppraisalsFee-earners have appraisals twice yearly […]

Corporate deals round-up

Clifford Chance (David Lewis) acted for Luxembourg steel producer Arcelor on acquiring a 33.75 per cent stake in Companhia Siderúrgica de Tubarão worth $579m (£311.8m), increasing Arcelor’s overall holding in the company to 62 per cent. Vieira Rezende Barbosa e Guerreiros acted for Companhia Siderúrgica. Travers Smith Braithwaite (Chris Hale) and CMS Cameron McKenna (Andrew […]

Herbert Smith cuts fees by 40 per cent for massive IMS deal

Herbert Smith has taken a massive cut in fees to advise on an epic three-year data privacy programme, which it considers a model for international data compliance projects. Herbert Smith IT partner Christopher Rees has advised healthcare information market leader IMS Health for more than 10 years, but still reduced its fee rate by 40 […]

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