Rewarding the Right Behaviours Through Effective Partner Performance and Remuneration Systems
November 19th, 2024 by Stuart Smith
In this article, first published by Law360, Partners Andrew Pavlovic and Corinne Staves discuss the challenges law firms face in determining partner remuneration amid heightened regulatory scrutiny on workplace culture. Many law firms are now in the process of finalising their annual accounts ahead of the January 31 2025 deadline, meaning that tricky decisions around partner […]
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Autumn Budget 2024: Key Changes Impacting Professional Services Businesses and Their Partners
October 31st, 2024 by Stuart Smith
The much anticipated Autumn Budget 2024, delivered by the UK’s first female Chancellor, Rachel Reeves MP, brings significant changes that will impact professional services businesses across the UK. Here are the key highlights relevant to your firm and its partners: Increased Employers’ National Insurance Contributions (NICs): The planned increase in NICs by 1.2% to 15%, […]
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Protecting the Integrity of Your Firm and People – The SRA Draft Guidance on Internal Investigations
October 16th, 2024 by Stuart Smith
In March 2024 the SRA published draft guidance on internal investigations (“the Draft Guidance”). Whilst published alongside a suite of documents aimed at assisting in house lawyers in complying with their regulatory obligations, the Draft Guidance has a wider reach and is relevant to law firms and any individual appointed to conduct an internal investigation. Since its […]
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Non-Poaching Restrictions in Employment
October 8th, 2024 by Stuart Smith
When can a business prevent its former employees from soliciting or enticing away its staff? And can it stop them from employing their former colleagues regardless of who made the first approach? In the third part of our series on restrictive covenants and other forms of business protection, Partner David Fisher looks at the enforceability and scope […]
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Labour’s Employment Law Reforms; New Duty – Reasonable Steps to Prevent Sexual Harassment; Non-Compete Bans & Religious Discrimination in Workplace – Employment Law Matters: Edition 9
September 27th, 2024 by Stuart Smith
Welcome to the next edition of Employment Law Matters, our quarterly update on key issues in employment law. Every three months, we will send you a selection of the most important developments for employers in case law and legislation, including practical takeaways for employers as well as things to look forward to in the coming months. CM Murray LLP […]
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REMINDER: Economic Crime Levy – Submit Your Return and Pay By 30 September
September 6th, 2024 by Stuart Smith
In 2023, a new economic crime levy was introduced. It is an annual charge which applies to firms which are subject to money laundering supervision and whose UK turnover exceeds £10.2m. In this news alert, Partner Corinne Staves provides a timely reminder about the levy and the implications for firms. By way of reminder, the thresholds to […]
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Changes to UK Listing Rules: 10 Things Listed Company Directors Need to Know About Their Own Position and Workforce Obligations
August 30th, 2024 by Stuart Smith
In this news alert, Partner Merrill April outlines the key points for Listed Company Directors to be aware of in relation to forthcoming changes to UK Listing Rules. The UK corporate Governance Code 2018 is being replaced from 1 January 2025 by the 2024 UK Corporate Governance Code (“the Code”), which was published in January 2024. Guidance to […]
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On 6 August 2024, the SRA updated its warning notice on the use of non-disclosure agreements (“the Warning Notice”). In this news alert, Associate Liz Pearson and Partner Andrew Pavlovic summarise and discuss the key changes and set out the steps that firms should be taking to spread awareness of the Warning Notice. Background The SRA first published its Warning […]
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AI Considerations for Employers: What a Labour Government may mean for AI in the Workplace
July 25th, 2024 by Anaya Price
While AI may not have been an election battleground, a Labour Government will certainly mean a change from the Conservative’s ‘pro-innovation’ agenda, which gave rise to a laissez faire approach to mandatory legislation. Whilst we do not yet have full details, Associate Liz Pearson and Partner Merrill April consider what a Labour Government may mean […]
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The Worker Protection (Amendment of Equality Act 2010) Act 2023 (the “Act”) comes into force in October 2024 and will impose a duty on employers to take reasonable steps to protect their employers from sexual harassment. In this news alert, Partner and General Counsel Beth Hale and Trainee Solicitor Charlotte Dormon consider the potential impact of […]
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