Latest Briefings

How UK employers can deal with special circumstances of Covid-19

The coronavirus (COVID-19) has been declared a pandemic by the World Health Organization (WHO). As the virus continues to spread extensively, it poses significant challenge to businesses and raises various points of employment law for employers.

COVID-19 and investment protection

As the world grapples with COVID-19, we are seeing some of the most unprecedented State measures of our time. Measures causing severe financial damage to many businesses and industries. Where does that leave foreign investors? Will they be able to claim compensation?

Cayman Islands Employment Update

The first ever electronic meeting of the Cayman Islands Legislative Assembly on 23 April 2020 considered a number of pieces of legislation, largely in response to the COVID-19 emergency, that are likely to be of interest to local employers and employees. This note is intended to provide a brief overview of the key changes: some […]

Corona Crisis: Amendment of the obligation to file for insolvency in CEE

With the fourth law on COVID-19, the Austrian legislator has suspended the obligation of an overindebted debtor to file for insolvency until 30 June 2020, irrespective of the cause of the over-indebtedness. Some other countries in the CEE region have also adopted measures to combat the consequences of COVID-19 as detailed in the following overview…

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Dentons UK and Middle East LLP has furloughed over 100 staff in its offices and suspended partner distributions due to the Covid-19 crisis. The firm confirmed that 50 employees in business services and around 65 secretaries will be on furlough at any one time, and that those affected would be rotated. Dentons continued that the […]

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CMS delays salary reviews but holds off furloughing

CMS has delayed partner profit distributions for the year 2019/20 to the autumn, the last among the biggest international firms to announce financial management measures to tackle the Covid-19 crisis. Distribution for the last financial year were meant to happen in July, but will be instead delayed until an unspecified time between late autumn and […]

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Osborne Clarke promotes five-strong cohort

Osborne Clarke has made up five new partners, promoting lawyers across all three of its UK offices. The firm has announced a slimmer round as opposed to last year, when it promoted eight partners. The promotions happened across its corporate and private equity practices, as well as project finance and disputes, with a focus on […]

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Orrick sets out UK voluntary associate pay cut scheme

Orrick Herrington & Sutcliffe has implemented UK-specific measures to tackle the economic uncertainty of Covid-19. The firm has put in place a salary reduction scheme for associates in the UK that is voluntary and refers to those who have already received their 2020 promotions and salary hikes. Under local regulations, lawyers can accept a reduction […]

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A&O promotes over a third of new partners in London

Allen & Overy has made up 29 partners in its latest round of promotions, including 10 in London. The promotions represent 13 offices across the firm’s global network, with the City taking over a third of the spots. It is a slight drop from last year when 14 were promoted in London and 34 globally. […]

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