Wragges lays off 24 in wake of soaring staff costs

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Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Clifford Chance slashes US bonus

Clifford Chance slashes US bonus” />Clifford Chance has followed the New York trend and halved year end bonus pay-outs for its US associates. The magic circle firm will provide bonuses ranging from $17,500 (£12,000) for first year associates to $32,500 (£22,000) for the most senior class. Last year bonuses ranged from $32,000 (£24,000) to $65,000 […]

Moves roundup: 8th December 2008

Field Fisher Waterhouse has boosted its life sciences capability by taking on partner Alison Dennis. She joins the firm’s competition and EU ­regulatory group from Reed Smith, where she was promoted to partner in 2006. Move of the week Field Fisher Waterhouse has boosted its life sciences capability by taking on partner Alison Dennis. She […]

Radcliffes builds up practice with architect hire

Westminster-based RadcliffesLeBrasseur has recruited an architect to its construction practice. Don Hands has joined the firm as a consultant architect and will provide an interface between the firm’s architect clients and the practice. Radcliffes ;head ;of ­construction Gordon Hall said: “Architects can be shy of lawyers because they think the experience could be expensive in […]

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City firms worst on carbon, first LSA report reveals

A&O, Lovells, Slaughter and May and Freshfields Bruckhaus Deringer have the largest carbon footprints per member of staff, it has emerged. Allen & Overy (A&O), Lovells, Slaughter and May and Freshfields Bruckhaus Deringer have the largest carbon footprints per member of staff, it emerged today, as 18 top firms published their carbon footprints for the […]

UK firms face annus horribilis as managers face facts

Cost-cutting and consolidation will shape 2009 legal market; more job cuts inevitable. Law ;firms ;across the market are bracing ­themselves for a gloomy 2009, with even the most optimistic ;managing ­partners admitting that the outlook is bleak. At the beginning of this year firms were banking on geographic diversification as a means of mitigating tumultuous […]

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