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High Court awards £98 to demoted employee in Facebook dispute

The High Court has awarded less than £100 to an employee who was demoted by his company after he posted comments on Facebook about gay marriage, despite ruling that he had not breached his company rules. Manchester-based Aughton Ainsworth partner Tom Ellis instructed Matrix Chambers’ Hugh Tomlinson QC for the claimant, Adrian Smith, who had […]

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Structural decline

Structured finance could be heading for the scrapheap at elite firms There is no denying the magic circle has seen a falling off in its retention of structured finance and securitisation partners in the past year. Clifford Chance in particular has seen a string of partner exits, with Rachel Kelly kicking off the mini-trend last […]

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IPO blimey

Many firms are having their worst time for a decade in Hong Kong, due to a precipitous fall in IPO work It would be no exaggeration to call 2012 one of the worst years for firms in Hong Kong in a decade. International firms that traditionally thrived in Hong Kong’s active IPO market have been […]

Simon Jaffa

Israeli work – coming your way

Israel is a growing power in IT and energy, and law firms should be aware of the opportunities Israel, only 64 years old and home to just 7.9 million people, has produced a staggering number of start-ups, earning Tel Aviv a reputation as a centre of technological innovation. With a small domestic market, Israeli entrepreneurs […]

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Wilsons transfers Bristol office to Michelmores

Wilsons is to offload its Bristol office to Michelmores following a protracted legal spat with two partners at the base. The deal will see Michelmores enter the top 100 UK firms by turnover, with an additional £3m expected to bring its turnover figure to £25m by the end of 2012/13. The firm will acquire partners […]

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