Nixon Peabody cuts 56 jobs

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Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes They represent 50% of the working population and are as many or more educated and qualified as they are. However, the problem of gender diversity (or lack of it), especially in top positions in organizations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

Higher Dutch VAT rate on several LS-products

By Luca van Silfhout, Patrick Vettenburg A number of goods and services, listed in an annex to the Dutch VAT Act, qualify for the reduced VAT rate (instead of the regular VAT rate of currently 21%). Among these goods and services are: qualifying medicines, first-aid type supplies such as bandages and qualifying medical aids such […]

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Shoring up

The independent review of the crown dependencies due in spring this year could have advantages for offshore financial centres, but what of the UK itself? Asks Clayton Bonnette. The crown dependency review proposed by the chancellor in his pre-budget report last year is the ideal opportunity for offshore centres to demonstrate the stringent regulatory and […]

4

Lovells to slash 94 jobs

Lovells has begun a redundancy programme that will see up to 94 members of London staff lose their jobs. A total of 18 lawyers are at risk of redundancy, with 43 support staff, 27 secretaries and six professional support lawyers also likely to lose their jobs. The consultation process, which will last for one month, […]

8

City elite refuse to rule out pay band freeze

City firms have not ruled out a pay freeze come May, following decisions at Freshfields Bruckhaus Deringer and White & Case to lock down their associate pay bands. Herbert Smith, Clifford Chance, Allen & Overy, Ashurst and Lovells have all said they are yet to make a decision on salaries, but none of the firms […]

6

CC, Links redundancy payouts: which is the biggest spender?

Time is money. Or at least, it is for the staff at Linklaters. Time is money. Or at least, it is for the staff at Linklaters. The firm will slash up to 270 jobs in London as part of a strategic programme dubbed ‘Project New World’. The redundancy payments these people receive will be based […]

Unified Durham County Council drops Kent model

Durham County Council has rejected mimicking Kent County Council’s ­‘private practice’ model for its in-house legal team after putting its search for a new general counsel on hold. Local councils around Durham are due to merge into a single authority in April, with council chiefs interviewing candidates for the top legal post since the end […]

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