Rising insolvencies have driven a surge in professional indemnity claims against accountants November 23, 2023 Professional indemnity claims have risen as accountants are placed into the firing line in insolvency cases.
Benjamin Mendy: Did Manchester City score a £10m own goal by withholding wages? November 22, 2023 Mendy announced he is suing Manchester CIty earlier this week.
Gateley generates small growth despite ‘economic conditions’ November 22, 2023 Listed law firm Gateley has single-digit growth for its first half-year results, but the group's boss envisions a good momentum going into H2.
EY reviews London office headquarters as lease renewal nears November 21, 2023 EY has launched a property review of its London headquarters as the Big Four firm prepares for the end of its lease. According to The Telegraph, the firm launched a review of its More London office, near London Bridge, as its 25-year lease on the building expires in 2028. Its More London office spans across [...]
Supreme Court rules London Deliveroo riders are not ‘workers’ November 21, 2023 The Supreme Court dismissed Deliveroo’s appeal this morning to consider if London riders should be classed as ‘workers’, bringing an end to the seven year legal battle. The court unanimously rejected Independent Workers’ Union of Great Britain’s appeal, holding that riders are not in an “employment relationship” which means the “trade union activity do not [...]
Capita prepares to cut 900 jobs to bring down costs November 21, 2023 Outsourcing firm Capita has kicked off a programme that is set to make approximately 900 roles at risk of redundancy as the company tries to cost save. The company’s aim is to double its operating margin to six per cent but in order to do this it needs to cost save £40m per annum on [...]
Knights half-year revenue in line expectations with single-digit growth November 21, 2023 Listed law firm Knights anticipates its half-year revenue increasing by a single digit as performance is in line with the board's expectations.
Post Office spent £24m on legal disclosure advice as inquiry is held up by failures November 20, 2023 The Post Office has spent nearly £25m over the last year on external legal advice for disclosure, as the inquiry is held up with failures.
All magic circle law firms now pay newly-qualified lawyers £125,000 November 20, 2023 Every magic circle law firm is now paying their newly qualified (NQ) lawyers a £125,000 salary a year, after Slaughter and May matched this figure last week. Freshfields Bruckhaus Deringer and Clifford Chance were first out of the magic circle to hit £125,000, after they both boosted its NQ pay May 2022. Previously, Freshfields were [...]
British music producer Easyfun latest target in Easygroup’s trademark war November 20, 2023 The British music producer Easyfun has become the latest target in Easygroup’s aggressive trademark war over the use of the word "easy" by companies or celebrities.