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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Will merger reforms help or hinder?

The Department of Trade and Industry has proposed plans to reform merger regulation. This week the forum asks how they will change the way competition lawyers work. The Department of Trade and Industry (DTI) is at the centre of a row over its proposed plans to reform merger regulation. The DTI proposes that the decision-making […]

UK firms go for US-style bonuses to keep lawyers

Lawyers may claim not to be in it for the money but no-one would suggest that salaries do not matter at all. The astronomical salaries and meritocratic pay systems on offer at US firms have been a persistent lure for high-flying associates and young Turks from UK firms. And with no sign of such temptations […]

City firms advise on £1.9bn power sale

Allen & Overy, Norton Rose and Linklaters & Alliance have completed work on US power company AES’ £1.9bn acquisition of the Drax power station from National Power. A&O acted for the lead loan arrangers, The Chase Manhattan Bank, the London branch of Deutsche Bank AG, and Industrial Bank of Japan on the deal, which was […]

Cameron McKenna equity threat

Cameron McKenna faces a rash of departures of its most senior lawyers following proposals to change the firm’s partnership structure. Later this month partners at the firm are expected to vote on plans that will abolish the distinction between junior and senior equity partners. Insiders fear the move could lead to senior equity partners quitting […]

It's been a good week for…

Employment lawyers, who have hit a veritable gold rush of work if reports are to be believed. Acas, the conciliation service, has recorded a humungous 31 per cent increase in litigation between employers and employees. In the year up to 30 June, a reported 136,000 employees took action against their bosses. And this figure is […]

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