Lib Dem leader Ed Davey leaves Herbert Smith Freehills consultant role Politics Sir Ed Davey, the leader of the Liberal Democrats, has stepped down from a consultancy role at law firm Herbert Smith Freehills following the Prime Minister’s proposal of a ban on MPs holding paid consultancy roles, according to reports. A spokesperson for the Liberal Democrats party confirmed yesterday that Davey had resigned from two advisory [...]
City law pay war: Herbert Smith Freehills throws £105k at junior lawyers City Law Pay War The ‘silver circle’ law firm has waded into the ongoing bidding battle for junior lawyers in the City by raising newly qualified lawyer salaries to £105,000, according to reports. Although their current “total compensation package” is £107,000, this includes both base salary and their bonus. But with the new announcement, Herbert Smith Freehills (HSF) lawyers [...]
Post Office scandal: Legal regulator warns it ‘will take action’ against unethical lawyers Post Office Scandal The legal regulator has warned law firms and lawyers who worked for the Post Office will face ‘action’ if they are found to have ‘fallen short’ of the standards. The Solicitors Regulation Authority (SRA) provided an update into its investigation today, explaining that it is currently scrutinising tens-of-thousands of pages of information and evidence. The [...]
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.
Nord Stream launches lawsuit against Lloyd’s of London insurers over pipeline sabotage March 12, 2024 Nord Stream AG, a consortium headquartered in Switzerland, is majority owned by the Russian state-owned gas company Gazprom.
Law firm Burges Salmon secures £16m Post Office contract for Horizon IT Inquiry July 4, 2024 Law firm Burges Salmon has secured another legal services contract with the Post Office over advice for the ongoing Horizon IT hearing.
London firms dust off ‘defence manuals’ ahead of private equity offensive January 16, 2024 London’s listed firms have been dusting off “defence manuals” and conducting “dry-runs” in recent months as they prepare to fend off unwanted approaches from private equity houses, insiders have told City A.M..
Top City firms pledge to hike contributions to employees’ pensions pots amid concerns over looming savings crunch March 21, 2023 A coalition of top City firms today vowed to boost the contributions they make into their employees’ pensions in response to growing concerns about the potential for a looming savings crunch. Aviva, Phoenix and Herbert Smith Freehills all pledged to give pensions contributions equivalent to at least seven per cent of their workers’ salaries in [...]
In a chaotic economy, firms hold the balance of power over staff October 31, 2023 As British workers fear for their jobs, they are less likely to fight for their employers over remote work and other concerns, writes Emma Rohsler
London-listed Berkeley Energia launches near £1bn arbitration proceedings against Spain May 28, 2024 Listed-Berkeley Energia's Spanish entity has filed a request for arbitration proceedings against the Kingdom of Spain over alleged violation of provisions of the Energy Charter Treaty