New York’s finest respond to Simpson salary gauntlet

New York firms Cadwalader Wickersham & Taft, Paul Weiss Rifkind Wharton & Garrison and Sullivan & Cromwell have moved quickly to match Simpson Thacher & Bartlett in offering pay hikes across all associate levels.

Yesterday’s announcement from Simpson …

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Parliamentary group proposes a Financial Services Tribunal

Kevin Hollinrake MP (Co-Chair of the APPG on Fair Business Banking) has published his report titled “Fair Business Banking for All: How to improve access to justice for businesses in financial services disputes” (the Report). Following the APPG’s responses to the FCA’s consultation on expanding the FOS’s jurisdiction (CP18/3), the Report sets out various recommendations […]

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

Adoption of unregistered land as highway

By Paul Weeks Unregistered land in unknown ownership can cause a headache on development and the extent of the issue will often depend upon what the land is needed for…

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Simpson Thacher raises salary bar after ‘very busy’ year

Simpson Thacher & Bartlett has hiked associate salaries by 10 per cent as the battle for New York talent hots up. Simpson has raised its salary for newly-qualified associates to $160,000 with salaries across the board rising on a sliding scale so that those with nine years’ experience will receive $290,000. In a memorandum to […]

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