Latest Briefings

Can UK employers claim the furlough grant while employees are on notice? Clarity is required.

Notice Pay during Furlough Leave The latest Treasury Direction for the furlough scheme, updated on 26 June 2020, could modify the effect of the Coronavirus Job Retention Scheme. New wording at paragraph 2.2 may be interpreted to suggest that notice pay cannot be claimed through the scheme. With retrospective application, employers require clarification from HMRC […]

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Wragges scoops Inter-Alliance merger

Wragges scoops Inter-Alliance merger” />Wragge & Co has completed its first deal for new client Inter-Alliance Group, the AIM-listed independent financial adviser (IFA). The Birmingham-based firm advised Inter-Alliance on the group’s merger with Millfield Group to create the largest IFA network, with more than 1,850 advisers and a combined annual turnover of around £105.5m. Wragges […]

Grapevine

Well, that didn’t take long. No sooner had Squire Sanders & Dempsey and Coudert Brothers started conducting due diligence on each other to create their “merger of equals”, than the whole caboodle was, we’re told, dead in the water. Why has this happened? Apparently, after foraging around in each other’s lockers, one of the firms […]

Partner in Simmons anti-Semitism claim protected from expulsion by deed

Robert Schon, the Simmons & Simmons partner suing his own firm for racial discrimination, is one of a tiny number of partners Simmons cannot remove from the equity, The Lawyer can reveal. The majority of equity partners at Simmons can be de-equitised as a last resort if 75 per cent of the partnership vote to […]

Linklaters COO moves on after three years at top

Linklaters’ chief operating officer (COO) – Arthur Andersen’s former worldwide managing partner and chief executive officer – has departed after completing his three-year term. Jim Wadia first joined the magic circle firm in 2001 to help manage and implement Linklaters’ merger process. As part of his remit, Wadia oversaw the implementation of the firm’s SAP […]

CC salaried partner revolt wins promotion shake-up

Partnership ballot on second gateway to equity abolished; three-year track rolled out worldwide Clifford Chance salaried partners have scored a victory over their status as the firm prepares to introduce a simplified system for reaching equity. The new process arrives after months of consultation, led by partner John Barnard, following a backlash from salaried partners […]

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