Litigation liberation: Alius Law breaks free from tradition in Mayfair Law & professional services In the heart of Mayfair, Alius Law is shaking up the legal industry with a different approach to the traditional structure of a law firm, where the motto is "happy and fulfilled lawyers work hard"
Magic circle law firm reducing working week (and pay) in new flexibility scheme LAW FIRM A magic circle firm is incorporating a scheme to give lawyers the option to work shorter hours for less money. Slaughter and May confirmed confirmed its job design scheme which enables eligible associates to reduce to either a 0.9 or 0.8 full-time equivalent, with pay and holiday entitlement pro-rated accordingly. The magic circle firm was [...]
Company insolvencies jump as soaring costs batter the bottom line Insolvencies Company insolvencies surged in July as soaring costs continued to batter firms across England and Wales, official figures have revealed.
Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes February 16, 2024 According to figures from the Insolvency Service, there were 1,769 company insolvencies in January, five per cent higher than in the same period last year driven by an increase in forced closures.
King’s Speech: Lawyers anticipate employment reforms will cause ‘sea of change’ for business July 17, 2024 The highly anticipated Employment Rights Bill will cause a "sea change for employers" as employment lawyers react to what the changes will mean for businesses
City Moves: Who’s switching jobs in the Square Mile? November 10, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. AVI Global Trust British investment firm AVI Global Trust has bolstered its board with a new chairman to succeed Susan Noble, who is set to retire. Graham Kitchen, who has been a non-executive director since January 2019, [...]
Competition watchdog and Ofcom deliver results of probe into Abu Dhabi-backed Telegraph bid to media secretary March 11, 2024 The CMA has reported on jurisdictional and competition matters to the secretary of state, Lucy Frazer, who is also due to hear from Ofcom.
Exclusive: Slow property market is affecting lawyers as transactions drop January 22, 2024 Exclusive data shared with City A.M. shows that property lawyers are now handling 25 per cent fewer cases on average, following a 21 per cent fall in monthly property transactions year-on-year.
Picture is ‘bleak’ for business as insolvencies rise again in June July 18, 2023 Insolvencies increased again in June as businesses continued to struggle under the weight of rising costs and falling customer demand. According to new figures from the Insolvency Service, there were 2,163 insolvencies in June. Although this was down on last month’s record figure of just over 2,500, it was still 27 per cent higher than [...]
Will Microsoft and Activision Blizzard finally get the green light? August 22, 2023 Britain’s competition watchdog faces a tough call on whether to wave through Microsoft and Activision Blizzard’s merger as the EU and the US have done, but a green light could be down the road, experts have suggested. Microsoft’s renewed $69bn acquisition offer for gaming giant Activision Blizzard has triggered a new probe by the Competition [...]